What is TechnologyXperts?
TechnologyXperts is a licensed Class 3 manufacturer specializing in destructive devices and military firearms. The company's product line includes light to heavy machine guns such as the H.C.A.R., REAPR, and various SLR models. Operating from a substantial 35,000+ sq. ft. facility with over 80 employees, TechnologyXperts delivers precision firearms and parts to military clients both domestically and globally. Their operations extend to partnerships with vehicle manufacturers for arms supply to training simulators and military mounts, highlighting a broad integration into defense supply chains. The company's commitment to engineering, advanced technology, and historical preservation is central to its value proposition, ensuring the quality and reliability of its specialized products.
How much funding has TechnologyXperts raised?
TechnologyXperts has raised a total of $2M across 2 funding rounds:
Debt
$1M
Debt
$1M
Debt (2020): $1M with participation from PPP
Debt (2021): $1M led by PPP
What's next for TechnologyXperts?
The recent major strategic investment, alongside the substantial total funding of $2M, positions TechnologyXperts for continued growth and innovation in the defense manufacturing sector. This capital infusion is likely to support advancements in product development, expansion of manufacturing capabilities, and strengthening of its global military client base. The company's focus on high-reliability firearms and integration with military platforms suggests a strategic direction aimed at capturing larger defense contracts and further solidifying its niche in the market. Future developments may include the introduction of new weapon systems and enhanced technological integrations for defense applications.
See full TechnologyXperts company page