What is Precision Calibration?
Precision Calibration, Inc., established in 1982 and accredited to ISO 17025 standards, is a prominent calibration service provider headquartered in Minnesota. The company caters to a diverse range of critical industries, including aerospace, defense, medical devices, and automotive. Offering both on-site and in-lab calibration solutions, Precision Calibration ensures that its clients maintain stringent compliance, achieve optimal accuracy, and enhance operational efficiency. Their expertise spans dimensional, mechanical, and RF/microwave calibration, delivered by skilled technicians dedicated to providing customized solutions that address the unique operational requirements of each business. The company's long-standing commitment to quality assurance and minimizing client downtime is a cornerstone of its service offering.
How much funding has Precision Calibration raised?
Precision Calibration has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Precision Calibration
PPP
Public-Private Partnership
What's next for Precision Calibration?
The recent strategic investment, alongside the substantial total funding of $350K, positions Precision Calibration for significant growth and market consolidation. As a late-stage company, this capital infusion is likely earmarked for expanding service capabilities, enhancing technological infrastructure, and potentially pursuing strategic acquisitions to broaden its industry reach and service portfolio. The focus on compliance and accuracy in high-stakes sectors suggests future investments may also target advanced metrology solutions and digital integration to further streamline calibration processes and client support.
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