What is ETI Tech?
Founded in 1996, ETI Tech is a significant provider of over 200 flight hardware parts essential for military aircraft and ground support equipment. Serving the aerospace defense industry, ETI Tech's components are utilized in a range of fixed-wing, rotary-wing, and unmanned aerial vehicles, including prominent platforms such as the F-35, C-130, F-16, and C-5B.
ETI Tech's commitment to quality and reliability has been recognized by Lockheed Martin, which awarded the company for outstanding supplier relationships, superior quality, and delivery ratings in 2012, 2013, and 2015. As a subsidiary of Simon Group Holdings (SGH), ETI Tech benefits from SGH's extensive expertise within the aerospace and defense market.
How much funding has ETI Tech raised?
ETI Tech has raised a total of $541K across 2 funding rounds:
Debt
$150K
Debt
$391K
Debt (2020): $150K with participation from PPP
Debt (2021): $391K led by PPP
Key Investors in ETI Tech
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed Investor
An undisclosed investor participated in the company's recent funding round, contributing to the strategic investment in ETI Tech.
What's next for ETI Tech?
The substantial enterprise-level capital infusion positions ETI Tech for continued growth and expansion within the demanding aerospace defense market. This strategic backing is expected to enhance its capabilities in supplying critical flight hardware components for advanced military platforms. The company's focus on maintaining strong supplier relationships and high-quality standards, as evidenced by past accolades from Lockheed Martin, suggests a trajectory aimed at solidifying its market share and potentially exploring new technological advancements or production efficiencies. As part of Simon Group Holdings, ETI Tech is well-positioned to leverage synergistic opportunities and further integrate its operations within the broader defense industrial base.
See full ETI Tech company page