Power has raised $19.0M in total across 2 funding rounds.
Power's investors include Alpine Ventures, Not Boring Capital, QED Investors, 2048 Ventures, Andreessen Horowitz, Anthemis Group, C2Ventures, Cowboy Ventures, Evening Fund, Fin Capital, Haymaker Ventures, Octopus Ventures.
Power Technology, Inc. is a manufacturer of high-precision laser products, specializing in diode-pumped solid-state (DPSS) lasers, single-frequency lasers, tunable lasers, Q-switched lasers, pulsed lasers, and continuous wave (CW) lasers for OEM applications.[2][4][5] Headquartered in Alexander, Arkansas, the company serves industries including biomedical, industrial, semiconductor inspection, defense, security, machine vision, scientific research, and analytical applications, solving challenges in precision optics like spectroscopy, holography, flow cytometry, and high-resolution imaging.[2][3][4] With over 55 years of operation, it emphasizes custom manufacturing for prototypes to large-scale production (up to 10,000 units), generating around $6.6 million in revenue and employing about 99 people, demonstrating steady growth through direct sales to OEMs who integrate its lasers deeply into their systems.[3][5]
Founded in 1969 by Tom Burgess, who had a background in defense electronics and semiconductors, Power Technology began modestly on his kitchen table with an improved, compact laser power supply for a local business.[3] The company rapidly expanded by pioneering laser innovations, evolving from HeNe power supplies—a core strength since inception—to a broad portfolio of diode lasers, DPSS lasers, infrared viewers, and custom electro-optical modules.[2][4] Key leadership includes Co-CEO Walter Burgess, Tom’s son with over 26 years at the firm, who has driven growth in precision markets while maintaining flexibility for global clients.[3] Pivotal moments include deepening OEM integrations, such as custom cancer detection lasers where clients built machines around Power's tech, fostering irreplaceable partnerships.[3]
(Note: Power Technologies in Temecula, CA, focuses on charging/storage solutions and is distinct from this laser firm.[1])
Power Technology rides the wave of advancing precision optics in quantum technologies, semiconductors, and biomedical imaging, where demand for ultra-narrow linewidth and rugged lasers supports trends like AI-driven inspection, next-gen cancer diagnostics, and defense systems.[2][3] Timing aligns with reshoring of high-precision manufacturing amid supply chain disruptions, as its U.S.-based custom production (avoiding offshore for large runs) meets needs for prototypes and mid-volume in strategic sectors.[3] Market forces like semiconductor expansion and biomedical R&D growth favor its niche, influencing the ecosystem by enabling OEM innovations—e.g., integrated lasers in flow cytometry or spectroscopy tools that power broader advancements in analytics and security.[4]
Power Technology is poised to expand in quantum sensing, advanced semiconductors, and defense optics, leveraging its custom agility amid rising demand for domestic precision manufacturing.[2][3] Trends like AI-enhanced laser applications and biomedical personalization will shape its path, potentially boosting revenue through deeper integrations and new modulated/tunable systems. Its influence may grow as a key enabler for U.S. tech sovereignty, solidifying its role in powering high-stakes innovations from kitchen-table origins to global precision leadership.[3][4]
Power has raised $19.0M across 2 funding rounds. Most recently, it raised $3.0M Seed in December 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2022 | $3.0M Seed | Alpine Ventures, Not Boring Capital, QED Investors | |
| Sep 1, 2022 | $16.0M Seed | 2048 Ventures, Andreessen Horowitz, Anthemis Group, C2Ventures, Cowboy Ventures, Evening Fund, Fin Capital, Haymaker Ventures, Octopus Ventures, Pareto Holdings, Ahmed Mhiri, Didier Valet, Esther Dyson |
