What is Altek?
Altek operates as an AS9100C certified contract manufacturer, specializing in high-quality assembly services. The company leverages lean manufacturing techniques to efficiently process a diverse range of hundreds of products weekly. Its core competency lies in handling small to medium volume, high-mix production, catering to a broad spectrum of industries including medical, commercial/industrial, military, telecommunications, transportation, fuel cell, safety & security, and the aftermarket. Customer satisfaction is paramount, with a consistent focus on delivering on-time and at competitive prices.
How much funding has Altek raised?
Altek has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Altek
PPP
Public-Private Partnership
What's next for Altek?
The recent major strategic investment signals a new phase of growth and operational enhancement for Altek. This capital infusion is likely to be directed towards expanding manufacturing capabilities, investing in advanced technologies, and potentially broadening its market reach. The company's established expertise in complex, high-mix manufacturing positions it well to capitalize on evolving demands across its diverse client base, further solidifying its role as a key player in the contract manufacturing sector.
See full Altek company page
