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How Much Did Precision Approach Raise?
Funding & Key Investors

Precision Approach, a contracting firm specializing in airport lighting and navigational aid construction, has secured $838K in total funding, with its most recent capital infusion of $488K representing a major strategic investment. This enterprise-level funding underscores the company's established position in a niche but critical infrastructure sector.

What is Precision Approach?

Precision Approach
ConstructionCivil Engineering Construction

Established in 2004 and based in Eatonton, Georgia, Precision Approach operates as a prime or sub-contractor, focusing on government-funded contracts that require performance and payment bonding. The company's core business involves the construction and maintenance of airport lighting and navigational aid systems, a vital component of aviation safety and efficiency. Their operational model emphasizes reliability and adherence to stringent government contracting standards.

How much funding has Precision Approach raised?

Precision Approach has raised a total of $838K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$488K

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

Debt (2021): $488K led by PPP

Key Investors in Precision Approach

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Precision Approach?

The recent major strategic investment signals a phase of significant expansion or operational enhancement for Precision Approach. This capital infusion is likely to support the company in undertaking larger-scale government contracts, potentially expanding its service offerings, or investing in advanced construction technologies to maintain its competitive edge in the airport infrastructure market. The company's focus on government contracts suggests a strategic alignment with infrastructure development initiatives.

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Frequently Asked Questions Regarding Precision Approach Financial Insights

What are the most recent funding rounds that Precision Approach has completed, and what were the funding rounds?
Precision Approach has recently completed 2 funding rounds: Debt on Feb 23, 2021, Debt on Apr 10, 2020. What is the total amount of funding Precision Approach has raised to date?
Precision Approach has raised a total of $838K in funding to date. How many funding rounds has Precision Approach completed?
Precision Approach has completed 2 funding rounds. How much funding did Precision Approach raise in its most recent funding round?
Precision Approach raised $488K in its most recent funding round. Who are the lead investors in Precision Approach's latest funding round?
The lead investor in Precision Approach'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 Precision Approach's history?
The largest funding round in Precision Approach's history was $488K.
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