What is Diamond Precision Machine?
Founded in 1990 by Michael Squillante, Diamond Precision Machine, Inc. is an AS9100 Aerospace Standard Compliant Organization based in Palm Bay, Florida. The company operates as a full-service machine shop, equipped with state-of-the-art CNC machines, a modern inspection system, and a manual jobbing shop. With over 36 years of experience in machining, including jig & fixture design, mechanical engineering, and extensive military and aerospace applications, Michael Squillante has guided the company to serve prominent clients such as Harris Corporation, DRS Technologies, and Spectrum Control, Inc. The company's strategic location near the Kennedy Space Center further enhances its capabilities in serving the aerospace industry.
How much funding has Diamond Precision Machine raised?
Diamond Precision Machine has raised a total of $132K across 1 funding round:
Debt
$132K
Debt (2021): $132K with participation from PPP
What's next for Diamond Precision Machine?
The recent strategic investment signals a phase of accelerated growth and potential expansion for Diamond Precision Machine. This capital infusion is likely to be directed towards enhancing manufacturing capabilities, investing in advanced technologies, and potentially broadening its client base within the defense and aerospace sectors. The company's strong foundation in precision engineering and its established track record suggest a trajectory focused on solidifying its market leadership and pursuing new opportunities in high-stakes industries.
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