What is Precision Automated Technology?
Founded in 1994, Precision Automated Technology operates at the intersection of advanced robotics and bespoke manufacturing solutions. The company distinguishes itself by addressing unique, high-complexity production challenges that standard off-the-shelf equipment cannot resolve. By managing the entire project lifecycle—from conceptual design and engineering to final installation and ongoing support—the firm provides a critical service to manufacturers seeking to optimize throughput and quality. Their facility in North Salt Lake is purpose-built to handle demanding production requirements, enabling the company to serve a diverse, global client base with high-precision, custom-engineered systems.
How much funding has Precision Automated Technology raised?
Precision Automated Technology has raised a total of $409K across 2 funding rounds:
Debt
$150K
Debt
$259K
Debt (2020): $150K with participation from PPP
Debt (2021): $259K led by PPP
Key Investors in Precision Automated Technology
PPP
Public-Private Partnership
Undisclosed Investor
Undisclosed investor participating in the funding round.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for Precision Automated Technology?
With the recent infusion of $259K, Precision Automated Technology is well-positioned to accelerate its R&D initiatives and further refine its proprietary control systems. As the manufacturing sector continues to prioritize digital transformation and labor-intensive process automation, the company is likely to focus on scaling its operational capacity to meet rising global demand. Future strategic efforts will likely center on enhancing the integration of AI-driven robotics and expanding its service infrastructure to support larger, more complex industrial deployments. This late-stage capital provides the necessary runway to solidify its leadership in the custom automation market while maintaining the high-quality engineering standards that have defined its reputation for nearly three decades.
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