Progressive Technologies Overview

  • Year Founded
  • 1985

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 21

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 2

Progressive Technologies General Information

Description

Manufacturer of custom battery packs intended to power innovations across industries, including medical, government/defense, aerospace, technology, security, hobby, and specialized original equipment manufacturers. The company specializes in the custom design and manufacture of industrial battery packs for original equipment manufacturers across a spectrum of industries and also offers battery charging, conditioning, and analysis services, thereby providing clients with a full range of product and engineering services from concept design through production.

Contact Information

Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • P.O. Box 950
  • 331 Shelleybrook Drive
  • Pilot Mountain, NC 27041
  • United States
Primary Industry
Electrical Equipment
Vertical(s)
Corporate Office
  • P.O. Box 950
  • 331 Shelleybrook Drive
  • Pilot Mountain, NC 27041
  • United States

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Progressive Technologies Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Progressive Technologies Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of custom battery packs intended to power innovations across industries, including medical, government/defe
Electrical Equipment
Pilot Mountain, NC
21 As of 2025

Houston, TX
 

Vantaa, Finland
 
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Progressive Technologies Competitors (17)

One of Progressive Technologies’s 17 competitors is Microvast Holdings, a Formerly PE-Backed company based in Houston, TX.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Microvast Holdings Formerly PE-Backed Houston, TX
Enfucell Formerly PE-Backed Vantaa, Finland
Solid Power Formerly VC-backed Louisville, CO
TeraWatt Technology Venture Capital-Backed San Francisco, CA
Imprint Energy Formerly VC-backed Alameda, CA
You’re viewing 5 of 17 competitors. Get the full list »

Progressive Technologies Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Progressive Technologies Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Progressive Technologies FAQs

  • When was Progressive Technologies founded?

    Progressive Technologies was founded in 1985.

  • Where is Progressive Technologies headquartered?

    Progressive Technologies is headquartered in Pilot Mountain, NC.

  • What is the size of Progressive Technologies?

    Progressive Technologies has 21 total employees.

  • What industry is Progressive Technologies in?

    Progressive Technologies’s primary industry is Electrical Equipment.

  • Is Progressive Technologies a private or public company?

    Progressive Technologies is a Private company.

  • What is the current valuation of Progressive Technologies?

    The current valuation of Progressive Technologies is .

  • What is Progressive Technologies’s current revenue?

    The current revenue for Progressive Technologies is .

  • Who are Progressive Technologies’s investors?

    Azenta Life Sciences has invested in Progressive Technologies.

  • Who are Progressive Technologies’s competitors?

    Microvast Holdings, Enfucell, Solid Power, TeraWatt Technology, and Imprint Energy are some of the 17 competitors of Progressive Technologies.

  • When was Progressive Technologies acquired?

    Progressive Technologies was acquired on 25-Apr-2011.

  • Who acquired Progressive Technologies?

    Progressive Technologies was acquired by Universal Power Group.

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