What is Current Controls?
Established in 1982, Current Controls has evolved from a niche provider of custom power magnetics into a foundational supplier for high-stakes industries including aerospace, automotive, medical, and data storage. The company distinguishes itself through a dual-facility model that balances high-level design and scheduling in New York with specialized, UL-certified manufacturing in Costa Rica. This operational architecture allows the firm to maintain rigorous quality standards while meeting the demanding delivery schedules required by modern industrial controls and UPS systems. Their product portfolio, which spans standard catalog items to highly bespoke magnetic solutions, serves as a critical component in the global power supply ecosystem.
How much funding has Current Controls raised?
Current Controls has raised a total of $780K across 2 funding rounds:
Debt
$350K
Debt
$430K
Debt (2020): $350K with participation from PPP
Debt (2021): $430K led by PPP
Key Investors in Current Controls
PPP
Public-Private Partnership
What's next for Current Controls?
With the recent influx of capital, Current Controls is positioned to further optimize its manufacturing throughput and expand its footprint in the rapidly evolving power electronics market. As industries shift toward more efficient energy management, the company's focus on high-frequency switching magnetics will likely serve as a primary growth engine. Strategic priorities will likely include the modernization of its Costa Rica facility to accommodate increasing technical requirements and the potential expansion of its standard product catalog to capture emerging demand in the renewable energy and motion control sectors. By maintaining its commitment to superior design and service, the firm is well-equipped to navigate the complexities of global supply chain volatility while sustaining its long-term trajectory of industrial excellence.
See full Current Controls company page
