What is Precision Automated Technology?
Founded in 1994 and headquartered in North Salt Lake, Utah, Precision Automated Technology specializes in the integration of advanced robotics and control systems. The company distinguishes itself by addressing complex, labor-intensive production challenges that standard, off-the-shelf solutions cannot resolve. By managing the entire project lifecycle—from conceptual design and engineering to manufacturing, installation, and ongoing support—the firm provides critical infrastructure that enhances operational efficiency and cost-effectiveness for its customers. Their facility is purpose-built to handle demanding project requirements, allowing for the seamless delivery of custom automation equipment to global markets.
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
What's next for Precision Automated Technology?
With the support of its recent capital influx, Precision Automated Technology is well-positioned to accelerate its research and development initiatives, particularly in the realm of next-generation robotic integration. The company is expected to focus on expanding its engineering capacity to meet the rising demand for bespoke industrial automation. As the manufacturing sector continues to prioritize digital transformation and labor optimization, the firm's ability to provide end-to-end, custom-engineered solutions will likely serve as a primary driver for sustained growth. Future strategic efforts will likely center on scaling production throughput and enhancing the technical sophistication of their proprietary control systems to maintain a competitive edge in the global automation landscape.
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