What is Technologies?
Technologies, operating as Coating Technology, LLC, is a specialized provider of third-party quality assurance product testing for diverse coating materials. Established in 2005 and headquartered in Atlantic Beach, FL, the company plays a critical role in ensuring the integrity and compliance of these materials, primarily serving the US Navy and private government contractors. Their testing capabilities encompass essential metrics such as viscosity, density, and visual color confirmation. The strategic location near Naval Station Mayport and the Trident Refit Center facilitates efficient support for their clientele, reinforcing their commitment to rigorous quality control protocols.
How much funding has Technologies raised?
Technologies has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Technologies?
The substantial capital infusion, highlighted by the recent strategic investment, positions Technologies for accelerated expansion and enhanced service offerings. As a company deeply integrated with government contracting, particularly the US Navy, this backing is likely to fuel advancements in testing methodologies, facility upgrades, and potentially the expansion of their client base within the defense sector. The late-stage funding context suggests a focus on scaling operations and solidifying market leadership in coating material quality assurance.
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