What is Precision Assembly Technologies?
Precision Assembly Technologies (P.A.T.), established in 1999 and headquartered in Bohemia, NY, is a premier electronic manufacturer specializing in comprehensive turnkey solutions. Their expertise spans PCB assembly, box build assembly, and wire harness assembly, complemented by rapid prototyping services. P.A.T. caters to a diverse array of high-stakes industries, including aerospace, defense, medical, robotics, and industrial electronics. By offering end-to-end product development and manufacturing, the company empowers clients to efficiently bring their innovative designs to market, thereby securing a competitive advantage through a commitment to quality and punctual delivery.
How much funding has Precision Assembly Technologies raised?
Precision Assembly Technologies has raised a total of $801K across 2 funding rounds:
Debt
$350K
Debt
$451K
Debt (2020): $350K with participation from PPP
Debt (2021): $451K led by PPP
Key Investors in Precision Assembly Technologies
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Precision Assembly Technologies?
The substantial enterprise-level funding and recent strategic investment indicate that Precision Assembly Technologies is poised for significant expansion and technological advancement. This capital infusion is likely to fuel further development in advanced manufacturing capabilities, potentially broadening their service offerings or enhancing their capacity to serve the demanding aerospace and defense sectors. Strategic partnerships and continued innovation in areas like medical and robotics electronics are anticipated as P.A.T. leverages this financial backing to solidify its market leadership and explore new growth avenues.
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