Arif Quronfleh
Irvine, CA (USA)
Role(s):
Founder/Owner/Principal
Qualified Technologies Corp
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Startup
Location:
Upland
Industry:
Transportation
Year Founded:
2004
Number Employees:
1-10 people
Description:
Qualified Technologies Corp (QTC) specializes is Maintenance, Repair and Overhaul (MRO) of specific aircraft components (more than $3Bil/Year immediate market). To date, we successfully secured several contracts with customers such as Northwest, Delta and Hamilton Sundstrand, received FAA (U.S.) and EASA (European) certifications for our facility, achieved multiple airline audit validations, and recorded several Intellectual Property holds – DERs. From the few parts we serviced upon inception, we successfully grew to cover seven primary product families, and currently servicing over 900 part numbers within these families.
Our sales team have been promoting our expanded capabilities which resulted in an increased demand for our service from new and existing customers. As a result, we are currently in a growth stage and looking for $150K to meet the increased demands for our services. These funds will be used primarily for the ramp-up and the initial setup phase to service these customers (tooling, spare parts.. etc). We are close to the break-even point and are confident that in 6-9 months cash flow from sales will enable us to grow without additional cash infusion. We will consider either a loan or and equity position. For more information, please contact me at arifq at qualtechco.com