What is Precision Assembly Technologies?
Precision Assembly Technologies (P.A.T.), founded in 1999 and headquartered in Bohemia, NY, is a distinguished electronic manufacturer specializing in comprehensive solutions. Their expertise spans PCB assembly, box build assembly, and wire harness assembly, offering end-to-end services from turnkey production to rapid prototyping. P.A.T. caters to a broad spectrum of high-stakes industries, including aerospace, defense, medical, robotics, and industrial electronics. By providing integrated product solutions, the company empowers clients to accelerate their product development cycles and achieve market readiness efficiently. Their operational ethos is centered on delivering superior quality and adhering to strict on-time delivery schedules, thereby furnishing clients with a distinct competitive advantage.
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 recent major strategic investment signals a pivotal phase for Precision Assembly Technologies, likely aimed at expanding operational capacity, enhancing technological capabilities, or pursuing new market opportunities. Given the enterprise-level nature of the funding and the company's established presence across critical industries, this capital injection is expected to fortify its market leadership and drive further innovation in electronic manufacturing services. Future developments may include strategic partnerships, advancements in automation, or the integration of new manufacturing techniques to meet evolving industry demands.
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