What is Velocity Systems?
Velocity Systems specializes in delivering high-performance armor solutions to the United States Military and Law Enforcement communities, emphasizing rapid response times to evolving threats. The company's mission, "At the Speed of Need," is supported by extensive experience in armor design and manufacturing, rigorous Quality Assurance, and a deep understanding of armor materials and applications. With over 70 years of combined expertise, Velocity Systems offers both custom armor solutions and readily available "off-the-shelf" systems, ensuring timely delivery for immediate requirements. Their robust research, development, test, and evaluation (RDT&E) capabilities enable them to quickly identify and hone the correct armor solutions for their clients.
How much funding has Velocity Systems raised?
Velocity Systems has raised a total of $1.1M across 2 funding rounds:
Debt
$350K
Debt
$770K
Debt (2020): $350K with participation from PPP
Debt (2021): $770K led by PPP
What's next for Velocity Systems?
The recent major strategic investment signals a pivotal growth phase for Velocity Systems, likely enabling expansion of its manufacturing capabilities, acceleration of R&D for next-generation armor technologies, and broader market penetration within the defense sector. This capital infusion is expected to bolster the company's ability to meet the critical demands of its clientele, reinforcing its position as a key provider of advanced protective solutions.
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