What is High Performance Technologies?
High Performance Technologies, Inc. (HPTi) was an IT consulting firm based in Reston, Virginia. It operated as a prime contractor for the Department of Defense's User Productivity Enhancement, Technology Transfer and Training (PETTT) contract, serving the High Performance Computing Modernization Office. HPTi's core mission involved fostering collaboration between government laboratories, research universities, and private entities to deliver advanced science and engineering solutions tailored for the US military. The company's commitment to excellence was recognized through prestigious accolades, including the Medallion of Excellence by the Senate Productivity and Quality Award for Virginia and the American Business Ethics Award in 2009, highlighting its strong ethical foundation and operational achievements.
How much funding has High Performance Technologies raised?
High Performance Technologies has raised a total of $940K across 2 funding rounds:
Debt
$350K
Debt
$590K
Debt (2020): $350K with participation from PPP
Debt (2021): $590K led by PPP
Key Investors in High Performance Technologies
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for High Performance Technologies?
The recent major strategic investment signifies a pivotal moment for High Performance Technologies, likely enabling the company to expand its service offerings, enhance its technological capabilities, and potentially broaden its client base within the defense sector. Given the enterprise-level nature of its funding, HPTi is positioned for significant scaling and further development of its specialized IT consulting services. Future initiatives may focus on leveraging high-performance computing modernization efforts and strengthening its role as a key partner for US military research and development.
See full High Performance Technologies company page
