Herrick Technology Laboratories, Inc.

Herrick Technology Laboratories, Inc.

Private
Germantown, MarylandFrontier & Industrial Techhttps://www.herricktechlabs.com

Last Round

Growth Equity

Apr 10, 2024

Total Funding Raised

$25M

Momentum Score

25 /100

Company Overview

Herrick Technology Laboratories, Inc. (HTL) is a designer and manufacturer of high-performance, software-defined radio (SDR) solutions for the U.S. Department of Defense. The company specializes in products for signals intelligence (SIGINT), electronic warfare (EW), and communications. Founded in 2000 as an R&D lab, it shifted its strategy in 2013 to focus on manufacturing end-user products. HTL's offerings are designed for demanding mission environments with a focus on low size, weight, power, and cost (SWaP-C). The company has facilities in Germantown, Maryland, and Manchester, New Hampshire. In April 2024, HTL received a $25 million investment from Blue Delta Capital Partners to accelerate product development and pursue strategic acquisitions.

Sector

Frontier & Industrial Tech

Verticals

Defense Tech, Computing Hardware, Network Equipment, Sensors, Software-Defined Networking

Business Model

B2G

Customer Profile

Government Contracts, Hardware Sales, Hardware + Subscription, Services & Consulting

AI Layer

Non-AI

Keywords

software-defined radioSDRsignals intelligenceSIGINTelectronic warfareEWdefense techDoD contractorSWaP-CSOSA-alignedCMOSS-compliant3U VPXmanpack systemswideband transceiverRF geolocationgovernment contractssoftware development kitSDK

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Herrick Technology Laboratories, Inc. Comps

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CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Herrick Technology Laboratories, Inc. Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Growth EquityApr 10, 2024

Key People

Founding team and executive leadership

David Herrick

Chief Technology Officer

Executive Team

Herrick Technology Laboratories, Inc. Investors

Notable investors and investment history

InvestorRounds
Blue Delta Capital PartnersGrowth Equity

Market signals

Structured signals derived from secondary market and firmographic data.

  • Feb 25, 2025

    U.S. Department of Defense identified as a key customer.

Herrick Technology Laboratories, Inc. Filings

SEC and related filings with document metadata.

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Herrick Technology Laboratories, Inc. Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersGermantown, Maryland
Employee Range98
Year Founded2000
Last FundingApr 10, 2024

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