What is Applied Systems Engineering?
Applied Systems Engineering specializes in developing advanced protocol testing tools for SCADA systems and Intelligent Electronic Devices (IEDs). Their product suite includes protocol test sets, substation alarm annunciators, and DER gateways, serving over 1000 utilities globally. ASE's expertise spans critical industry protocols such as IEC 61850, DNP3, and Modbus. Beyond product offerings, the company provides essential training and engineering services, solidifying its role as a leader in industrial automation for the energy and utilities sector.
How much funding has Applied Systems Engineering raised?
Applied Systems Engineering has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Applied Systems Engineering
PPP
Public-Private Partnership
What's next for Applied Systems Engineering?
With a significant late-stage funding injection, Applied Systems Engineering is poised for accelerated growth and market penetration. The strategic investment will likely fuel further development of their SCADA and IED protocol testing solutions, potentially expanding their reach into new geographical markets or enhancing their service offerings. This capital infusion signals confidence in ASE's business model and its capacity to innovate within the evolving landscape of industrial automation and smart grid technologies.
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