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Astronics To Receive $24 Million In Cash From Combination Of Amjp And Asset Sale

PUBLIC · ATROOct 14, 2021

Amount Raised

$24 Million

Round Type

Funding Round

East AuroraManufacturingAerospace

Description

Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, announced that it has closed on the sale of its facility in Ft. Lauderdale, Florida for total consideration of $9.1 million. Net proceeds were approximately $8.7 million in cash. The Company expects to record a gain in the fourth quarter of 2021 of approximately $5.0 million

Quick answer

Astronics Corporation raised $24 Million in a Funding Round round, dated October 14, 2021. Astronics Corporation is based in East Aurora, New York, United States.

How much did Astronics Corporation raise?
Astronics Corporation raised $24 Million in a Funding Round round on October 14, 2021.
What does Astronics Corporation do?
Astronics Corporation (Nasdaq: ATRO) serves the world’s aerospace, defense, and other mission critical industries with proven, innovative technology solutions.
Where is Astronics Corporation based and how big is it?
Astronics Corporation is based in East Aurora, New York, United States. Fundz records about 1,942 employees.
Who are the decision-makers at Astronics Corporation?
Fundz holds 1 contact at Astronics Corporation. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Aerospace and Manufacturing around the same time

Companies in the same sectors as Astronics Corporation that raised within 45 days of this round, from Fundz verified event records.

  • AutoFlight raised $100M (Series A) on November 22, 2021.
  • Exos Aerospace Systems & Technologies raised $503K (Seed) on November 22, 2021.
  • Exos Aerospace Systems & Technologies raised an undisclosed amount on November 22, 2021.
  • ZeroAvia raised $26M on November 9, 2021.
  • First Breach, Inc. raised $16M on November 8, 2021.
  • HopFlyt raised $9K (Seed) on October 29, 2021.

Who to call at Astronics Corporation, and when

A new round usually means Astronics Corporation is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Astronics Corporation, from your own LinkedIn network

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Company Information

Company

Astronics Corporation

Location

East Aurora, New York, United States

About

Astronics Corporation (Nasdaq: ATRO) serves the world’s aerospace, defense, and other mission critical industries with proven, innovative technology solutions. Astronics works side-by-side with customers, integrating its array of power, connectivity, lighting, structures, interiors, and test technologies to solve complex challenges. For over 50 years, Astronics has delivered creative, customer-focused solutions with exceptional responsiveness. Today, global airframe manufacturers, airlines, militaries, completion centers and Fortune 500 companies rely on the collaborative spirit and innovation of Astronics. The Company’s strategy is to increase its value by developing technologies and capabilities that provide innovative solutions to its targeted markets. For more information on Astronics and its solutions, visit Astronics.com.

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Astronics Corporation raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.