What is Applegate EDM?
Applegate EDM is a specialist provider of precision wire, sinker, and EDM hole drill services, essential for complex manufacturing projects. The company serves demanding sectors including aerospace, defense, and oil/gas/energy, emphasizing high quality and timely delivery. Operating from a 30,000 square foot facility in Dallas, Texas, Applegate EDM holds ISO, ITAR, and AS9100D certifications, attesting to its commitment to excellence. As a component of Precision Aerospace Holdings, Applegate EDM is positioned as a dependable partner for mission-critical manufacturing requirements.
How much funding has Applegate EDM raised?
Applegate EDM has raised a total of $509K across 2 funding rounds:
Debt
$150K
Debt
$359K
Debt (2020): $150K with participation from PPP
Debt (2021): $359K led by PPP
Key Investors in Applegate EDM
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed investor
Undisclosed investor participating in the funding round. This entity's involvement suggests a strategic interest in Applegate EDM's operations or market position.
What's next for Applegate EDM?
The recent major strategic investment indicates a phase of significant growth and operational scaling for Applegate EDM. This capital infusion is likely to support advancements in technology, expansion of service capabilities, and potentially broader market penetration within the aerospace, defense, and energy sectors. The company's strong certifications and its integration within Precision Aerospace Holdings suggest a strategic focus on solidifying its position as a leader in high-precision manufacturing solutions.
See full Applegate EDM company page
