What is Precision Assembly Technologies?
Established in 1999 and headquartered in Bohemia, New York, Precision Assembly Technologies operates as a critical node in the modern industrial supply chain. The firm specializes in high-precision electronic manufacturing, including printed circuit board (PCB) assembly, complex box builds, and intricate wire harness assembly. By offering comprehensive turnkey solutions and rapid prototyping, P.A.T. serves as an essential partner for organizations in robotics and industrial automation that require high-reliability components.
The company distinguishes itself through a commitment to end-to-end product lifecycle management. By integrating design-for-manufacturing principles with on-time delivery protocols, P.A.T. provides a distinct competitive advantage to its clients, enabling them to accelerate time-to-market for mission-critical hardware. Its facility in Bohemia serves as a hub for technical excellence, supporting diverse sectors that demand uncompromising quality standards.
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
What's next for Precision Assembly Technologies?
With the recent strategic investment of $451K, Precision Assembly Technologies is well-positioned to expand its manufacturing footprint and enhance its technological stack. The current enterprise-level funding context suggests a strategic pivot toward increasing production capacity and potentially integrating advanced automation technologies to meet the rising demand for domestic electronic manufacturing. Future growth will likely focus on deepening partnerships within the defense and medical sectors, where the requirement for high-reliability, domestic-sourced assembly remains at an all-time high. As the company continues to scale, the focus will remain on maintaining operational agility while navigating the broader macroeconomic challenges facing the global electronics supply chain.
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