How Much Did Precise Flight Raise?
Funding & Key Investors

Precise Flight, a prominent player in the global aviation industry, has secured significant capital, with its total funding reaching $770K. The company recently announced a major strategic investment, bringing in $420K in its latest funding round, underscoring its continued growth and market confidence. This recent financing event, dated January 22, 2021, follows a prior debt financing of $350,000 on April 15, 2020, also from PPP, indicating a pattern of capital acquisition to support its operations and expansion within the aerospace sector.

What is Precise Flight?

Precise Flight
ManufacturingAerospace & Defense

Precise Flight Inc. stands as a global leader in providing innovative aviation solutions and products across various aircraft segments, including commercial airlines, business jets, and rotorcraft. The company's comprehensive offerings encompass critical systems such as aviation oxygen systems, advanced HID and LED lighting, Speedbrakes, and the proprietary Pulselite System. These products are meticulously engineered to elevate both the safety and performance standards of modern aviation. Precise Flight serves a distinguished clientele, which includes major airlines and renowned aircraft manufacturers like Qantas, Alaska Airlines, and Gulfstream, demonstrating its established reputation and the trust placed in its technological contributions to the aerospace field.

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?

The substantial enterprise-level funding and recent strategic investment position Precise Flight for accelerated growth and further innovation in the competitive aviation market. This capital infusion is expected to fuel the development of next-generation aviation technologies and potentially expand the company's product portfolio and market reach. With a strong foundation in safety and performance enhancement, Precise Flight is poised to capitalize on emerging opportunities within the aerospace industry, reinforcing its commitment to serving major airlines and aircraft manufacturers with cutting-edge solutions. The company's strategic financial backing suggests a focus on scaling operations and solidifying its leadership in specialized aviation components.

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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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