What is Technical Industries?
Founded in 1971, Technical Industries has built a robust reputation for providing reliable solutions in non-destructive testing. The company's expertise spans ultrasonic testing, comprehensive data collection, storage, and imaging services. Complementing its core NDT offerings, Technical Industries also provides onsite storage, coating, and maintenance, positioning itself as a one-stop solution provider designed to optimize efficiency and reduce costs for its clients in the oil and gas sector and other industries requiring OCTG services.
How much funding has Technical Industries raised?
Technical Industries has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Technical Industries
PPP
Public-Private Partnership
What's next for Technical Industries?
The substantial late-stage funding indicates a strategic phase for Technical Industries, likely focused on expanding its service capabilities, enhancing its technological infrastructure, or broadening its market reach. This capital infusion is expected to fuel further innovation in NDT solutions and solidify its leadership in serving the demanding requirements of the oil and gas industry. The company's long-standing history and comprehensive service model suggest a trajectory aimed at sustained growth and operational excellence.
See full Technical Industries company page