What is Quality Engineering Services?
Founded in 1971 by Richard Addy, Quality Engineering Services, Inc. is a privately owned company specializing in the design and manufacturing of critical components for the aerospace industry. Their expertise extends to fixtures, gages, and cast urethane products, alongside short-run production parts for both commercial and aerospace applications. The company's longevity and focus on specialized manufacturing highlight its deep-rooted capabilities within a demanding sector.
How much funding has Quality Engineering Services raised?
Quality Engineering Services has raised a total of $953K across 2 funding rounds:
Debt
$350K
Debt
$603K
Debt (2020): $350K with participation from PPP
Debt (2021): $603K led by PPP
What's next for Quality Engineering Services?
The recent major strategic investment signifies a pivotal moment for Quality Engineering Services, likely enabling further expansion of its manufacturing capabilities and potentially the development of new product lines. This infusion of capital, following previous debt financing, suggests a strategic shift towards growth and enhanced market penetration. The company is well-positioned to leverage this backing to solidify its role as a key supplier in the aerospace supply chain.
See full Quality Engineering Services company page
