How Much Did Precise Flight Raise?
Funding & Key Investors

Precise Flight, a significant player in the aviation solutions sector, has secured substantial capital, with its total funding reaching $770K. The company recently announced a major strategic investment, adding $420K to its financial reserves. This latest infusion of capital underscores the company's ongoing growth and strategic importance within the aerospace industry.

What is Precise Flight?

Precise Flight
ManufacturingAerospace & Defense

Precise Flight Inc. stands as a global leader in the aviation industry, renowned for its innovative products and solutions tailored for a wide spectrum of aircraft, including commercial airliners, business jets, and rotorcraft. The company's comprehensive product portfolio encompasses critical aviation systems such as oxygen systems, advanced HID and LED lighting, Speedbrakes, and the proprietary Pulselite System. These offerings are meticulously engineered to elevate both the safety and operational performance of aircraft. Precise Flight's clientele is diverse, featuring prominent entities like Qantas, Alaska Airlines, and Gulfstream, alongside major aircraft manufacturers. The company's unwavering commitment to superior quality and continuous innovation positions it to consistently surpass the expectations of aircraft manufacturers, fleet operators, and individual aircraft owners.

How much funding has Precise Flight raised?

Precise Flight has raised a total of $770K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$420K

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

Debt (2021): $420K led by PPP

What's next for Precise Flight?

With the recent major strategic investment, Precise Flight is poised for accelerated expansion and technological advancement. The substantial capital infusion, totaling $770K with a recent addition of $420K, suggests a strategic phase focused on scaling operations, enhancing research and development, and potentially exploring new market segments or product lines. This financial backing is indicative of strong investor confidence in Precise Flight's market position and future prospects within the competitive aviation sector. The company is likely to leverage this financing to further solidify its leadership in aviation safety and performance solutions, potentially through strategic partnerships or acquisitions, and to meet the evolving demands of global aviation.

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Frequently Asked Questions Regarding Precise Flight Financial Insights

What are the most recent funding rounds that Precise Flight has completed, and what were the funding rounds?
Precise Flight has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Precise Flight has raised to date?
Precise Flight has raised a total of $770K in funding to date.
How many funding rounds has Precise Flight completed?
Precise Flight has completed 2 funding rounds.
How much funding did Precise Flight raise in its most recent funding round?
Precise Flight raised $420K in its most recent funding round.
Who are the lead investors in Precise Flight's latest funding round?
The lead investor in Precise Flight'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 Precise Flight's history?
The largest funding round in Precise Flight's history was $420K.
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