Vibrant, an Albuquerque, New Mexico-based non-destructive testing (NDT) technology company, raised USD3.5M in funding.
The round was led by Advantage Capital with several pre-existing Vibrant shareholders also participating.
The company intends to use the funds to expand its workforce, scale production, anchor Operations in New Mexico.
Founded in 2006 and led by Lem Hunter, CEO, Vibrant focuses on the NDT space providing Process Compensated Resonance Testing (PCRT), a method of vibrating objects to test their integrity, which was initially developed at Los Alamos Laboratory. PCRT applications range from quality assurance and process capability assessment for OEMs to in-service structural assessment and life monitoring for MRO organizations. With facilities in the U.S. and Europe, Vibrant is AS9100 Rev C and ISO 9001:2008 certified, and is an FAA Repair Station.
FinSMEs
20/07/2023