What is Statek?
Statek Corporation operates at the intersection of advanced materials science and precision engineering, specializing in the design and fabrication of ultra-miniature quartz crystals, oscillators, and sensors. The company is recognized for its proprietary technology that delivers exceptional frequency stability and high shock survivability, essential components for mission-critical applications. Their product portfolio serves a diverse array of high-stakes industries, including medical electronics, where they support cardiac rhythm management and patient monitoring, as well as the aerospace and defense sectors. By maintaining a focus on custom-engineered solutions, Statek has established itself as a vital partner for organizations requiring high-performance, reliable timing and sensing components in environments where failure is not an option.
How much funding has Statek raised?
Statek has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Statek
PPP
Public-Private Partnership
What's next for Statek?
With the recent influx of capital, Statek is expected to prioritize the scaling of its manufacturing infrastructure to meet the rising demand for high-reliability components in the aerospace and medical device sectors. The strategic deployment of these funds will likely focus on enhancing R&D initiatives to further miniaturize their quartz-based technologies while maintaining the rigorous performance standards required by their enterprise clientele. As the company navigates this growth phase, the focus will remain on optimizing supply chain resilience and expanding its market share in specialized industrial applications, ensuring that Statek remains at the forefront of frequency control innovation.
See full Statek company page