What is Applegate EDM?
Applegate EDM specializes in precision wire, sinker, and EDM hole drill services, serving demanding industries such as aerospace, defense, and oil/gas/energy. Operating from a 30,000 square foot facility in Dallas, Texas, the company is certified with ISO, ITAR, and AS9100D, attesting to its commitment to high quality and adherence to rigorous industry standards. As a component of Precision Aerospace Holdings, Applegate EDM is positioned as a key partner for mission-critical manufacturing projects, leveraging advanced technology and a skilled workforce to ensure timely delivery and exceptional results.
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
PPP
Public-Private Partnership
What's next for Applegate EDM?
The recent major strategic investment in Applegate EDM signals a phase of accelerated growth and potential expansion. This capital infusion is likely to bolster the company's advanced manufacturing capabilities, potentially enabling further technological integration and capacity enhancement. Given its focus on high-stakes industries like aerospace and defense, the company is poised to capitalize on increasing demand for precision components, reinforcing its market position and solidifying its role as a critical supplier within its specialized niche.
See full Applegate EDM company page