How Much Did Electro-Miniatures Raise?
Funding & Key Investors

Electro-Miniatures has secured $1M in total capital, with its most recent financing round bringing in $1M through a major strategic investment. This significant capital infusion underscores the company's established position in the defense sector and its ongoing growth trajectory. The recent funding event, dated May 3, 2020, was characterized as a major strategic investment, indicating a focus on expanding capabilities or market reach within the demanding defense industry.

What is Electro-Miniatures?

Electro-Miniatures
ManufacturingElectronics

Electro-Miniatures specializes in the design and production of high-reliability slip rings tailored for critical defense applications. With over five decades of experience, the company has cultivated an extensive portfolio of designs, ranging from miniature components to large-scale radar slip rings. These products are engineered to withstand harsh environmental conditions, finding application in systems such as armored vehicle turrets, submarine periscopes, aircraft electro-optical systems, and satellites. Despite its classification as a small business, Electro-Miniatures operates with the competitive intensity of a larger entity, manufacturing exclusively in the United States at its Moonachie, New Jersey facility. The company's operational philosophy is built on a foundation of integrity: fulfilling commitments, ensuring first-time manufacturing accuracy, and maintaining transparent customer communication. This dedication to honesty and precision has fostered a loyal customer base, including prominent defense contractors like Kollmorgen Periscopes, BAE Ground Systems Division, Selex Galileo, EMS Technologies, Lockheed Martin Missiles and Fire Control, and L-3 Communications.

How much funding has Electro-Miniatures raised?

Electro-Miniatures has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

What's next for Electro-Miniatures?

The recent major strategic investment signifies Electro-Miniatures' readiness to leverage its established expertise and strong customer relationships for further expansion. Given the company's long history and focus on specialized, high-stakes defense components, this capital is likely earmarked for enhancing manufacturing capacity, advancing research and development in next-generation slip ring technology, or potentially broadening its market penetration within allied defense sectors. The company's commitment to domestic manufacturing and stringent quality control suggests a strategic focus on maintaining its competitive edge through reliability and technological superiority in a market where performance is paramount.

See full Electro-Miniatures company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

Food & BeverageManufacturingAgricultureAnimals & Livestock
Food & BeverageManufacturingGrocery RetailRetail
Building MaterialsManufacturingConstruction ManagementConstruction
ManufacturingPharmaceuticals

Frequently Asked Questions Regarding Electro-Miniatures Financial Insights

What are the most recent funding rounds that Electro-Miniatures has completed, and what were the funding rounds?
Electro-Miniatures has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Electro-Miniatures has raised to date?
Electro-Miniatures has raised a total of $1M in funding to date.
How many funding rounds has Electro-Miniatures completed?
Electro-Miniatures has completed 1 funding rounds.
How much funding did Electro-Miniatures raise in its most recent funding round?
Electro-Miniatures raised $1M in its most recent funding round.
Who are the lead investors in Electro-Miniatures's latest funding round?
The lead investor in Electro-Miniatures's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Electro-Miniatures's history?
The largest funding round in Electro-Miniatures's history was $1M.
See more information about Electro-Miniatures