How Much Did PTS Raise?
Funding & Key Investors

Perkins Technical Services, Inc. (PTS), a woman-owned small business specializing in tactical radio system accessories, has secured $150K in total capital. The company recently announced a major strategic investment of $150K, underscoring its significant traction in the defense sector. This latest financing round signals a pivotal moment for PTS as it continues to scale its operations and meet the high demand for its specialized products.

What is PTS?

PTS
ManufacturingTelecommunication Equipment

Founded in Huntsville, AL, in 1996, PTS has carved a niche by developing innovative solutions for military communication systems. Their flagship product, the Power Supply Docking Station (PSDS), is compatible with SINCGARS, Harris, and Raytheon tactical radio systems, making it an indispensable component for expeditionary command posts. PTS prides itself on its commitment to domestic manufacturing, utilizing other small businesses in the North Alabama area for production, ensuring its products are made in the USA. The company's specialized product has seen high demand, highlighting its critical role in supporting military missions.

How much funding has PTS raised?

PTS has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in PTS

PPP

Public-Private Partnership

What's next for PTS?

With a substantial $150K in overall backing and a recent major strategic investment, PTS is well-positioned for accelerated growth. The company's focus on supporting the military with essential, domestically produced technology suggests a strategic direction towards expanding its product line and enhancing its manufacturing capabilities. This infusion of capital will likely enable PTS to further solidify its market position, potentially explore new defense contracts, and continue its legacy of supporting military operations wherever they may be deployed. The company's commitment to quality and its established relationship with the military are key assets for future expansion.

See full PTS company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

Food & BeverageManufacturingTransportationTrucking, Moving & Storage
Industrial Machinery & EquipmentManufacturingAerospace & Defense
Industrial Machinery & EquipmentManufacturing
Industrial Machinery & EquipmentManufacturingElectronics

Frequently Asked Questions Regarding PTS Financial Insights

What are the most recent funding rounds that PTS has completed, and what were the funding rounds?
PTS has recently completed 1 funding rounds: Debt on Apr 12, 2020.
What is the total amount of funding PTS has raised to date?
PTS has raised a total of $150K in funding to date.
How many funding rounds has PTS completed?
PTS has completed 1 funding rounds.
How much funding did PTS raise in its most recent funding round?
PTS raised $150K in its most recent funding round.
Who are the lead investors in PTS's latest funding round?
The lead investor in PTS's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in PTS's history?
The largest funding round in PTS's history was $150K.
See more information about PTS