What is Ormond?
Ormond LLC is a specialized firm focused on research and development, applied engineering, process and tooling development, and advanced manufacturing services. The company engages in both commercial and government-funded projects, leveraging patented technologies such as Cavitation Peening, Controlled Geometry Waterjet Milling, and 5-Axis Waterjet Cutting. Ormond LLC aims to provide innovative manufacturing solutions and precision engineering to a diverse clientele across various industries.
How much funding has Ormond raised?
Ormond has raised a total of $302K across 2 funding rounds:
Debt
$150K
Debt
$152K
Debt (2020): $150K with participation from PPP
Debt (2021): $152K led by PPP
Key Investors in Ormond
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Ormond?
The substantial capital raised, particularly the recent strategic investment, positions Ormond LLC for significant advancements in its R&D and manufacturing capabilities. This late-stage funding suggests a focus on scaling operations, potentially expanding its market reach, and further developing its proprietary technologies. The company is poised to capitalize on opportunities requiring advanced manufacturing and precision engineering, likely targeting larger-scale projects and government contracts.
See full Ormond company page
