What is Union Technology?
Union Technology Corp. (UTC), founded in 1991 and based in Monterey Park, California, is a privately held manufacturer specializing in multilayer ceramic (MLC) capacitors and capacitor assemblies. The company is committed to environmental responsibility, with its commercial ceramic chip offerings being lead-free and RoHS compliant. UTC operates a 30,000 square foot facility, employing 50 individuals, including a dedicated engineering department focused on product design and new product development. Utilizing advanced manufacturing systems, UTC produces highly reliable and competitively priced ceramic capacitors. The company is equipped to perform extensive quality assurance and environmental testing, adhering to stringent military standards (MIL-PRF-49470, MIL-PRF-39014, MIL-PRF-20, MIL-PRF-55681) and holding ISO 9001:2008 qualification. Their unique SMPS filter capacitors MLC chip inventory program facilitates rapid delivery for many MIL PRF 49470 parts.
How much funding has Union Technology raised?
Union Technology has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Union Technology
PPP
Public-Private Partnership
What's next for Union Technology?
The recent major strategic investment signals a new phase of growth and development for Union Technology. This capital infusion is expected to fuel further advancements in their environmentally conscious ceramic capacitor technology and potentially expand their manufacturing capabilities. The company's focus on high-reliability components and adherence to strict quality and environmental standards positions them well for continued success in the competitive electronic components market, particularly in sectors demanding robust and compliant materials.
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