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How Much Did Networks Electronic Raise?
Funding & Key Investors

Networks Electronic, a specialized manufacturer in the aerospace and defense sectors, has successfully secured significant capital to bolster its operational capabilities. The firm, which has maintained a consistent trajectory of growth, recently finalized a major strategic investment totaling $402K. This latest infusion of capital brings the company's cumulative financial backing to $752K, underscoring its critical role in the supply chain for high-reliability ordnance and pyrotechnic components.

The company's financial history reflects a disciplined approach to debt financing, with notable activity recorded in mid-2020 and early 2021. By leveraging these resources, Networks Electronic continues to solidify its market position as a premier provider of mission-critical hardware for global defense and commercial applications.

What is Networks Electronic?

Networks Electronic
ManufacturingAerospace & Defense

Headquartered in Chatsworth, California, Networks Electronic Company (NEco) operates as a woman-owned small business with a deep-rooted heritage in precision engineering. The company specializes in the design and manufacturing of high-reliability mini-pyrotechnic and ordnance products, including initiators, igniters, squib switches, and piston actuators. NEco serves as a vital link in the aerospace and defense industrial base, providing essential CAD/PAD (Cartridge Actuated Device/Propellant Actuated Device) solutions that meet the rigorous demands of 21st-century engineering.

With a legacy dating back to the 1950s, the firm has evolved its manufacturing flexibility to address complex technical challenges. Its products are integrated into a wide array of global applications, where reliability and performance are non-negotiable. By maintaining a focus on innovative design and stringent quality control, NEco has established itself as a trusted partner for prime contractors and government agencies alike.

How much funding has Networks Electronic raised?

Networks Electronic has raised a total of $752K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$402K

Debt (2020): $350K with participation from PPP

Debt (2021): $402K led by PPP

Key Investors in Networks Electronic

PPP

Public-Private Partnership

What's next for Networks Electronic?

Looking ahead, the recent capital injection is expected to accelerate NEco's strategic initiatives in manufacturing modernization and product development. As the aerospace and defense sectors face increasing pressure for rapid innovation and supply chain resilience, NEco is well-positioned to scale its production of electronic time delays and gas generators. The company will likely prioritize investments in advanced manufacturing technologies to enhance its competitive edge in the ordnance market. By maintaining its commitment to high-reliability standards, NEco aims to expand its footprint within the defense industrial base, ensuring that its specialized pyrotechnic solutions remain at the forefront of modern aerospace engineering requirements.

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Frequently Asked Questions Regarding Networks Electronic Financial Insights

What are the most recent funding rounds that Networks Electronic has completed, and what were the funding rounds?
Networks Electronic has recently completed 2 funding rounds: Debt on Feb 24, 2021, Debt on Jun 30, 2020. What is the total amount of funding Networks Electronic has raised to date?
Networks Electronic has raised a total of $752K in funding to date. How many funding rounds has Networks Electronic completed?
Networks Electronic has completed 2 funding rounds. How much funding did Networks Electronic raise in its most recent funding round?
Networks Electronic raised $402K in its most recent funding round. Who are the lead investors in Networks Electronic's latest funding round?
The lead investor in Networks Electronic'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 Networks Electronic's history?
The largest funding round in Networks Electronic's history was $402K.
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