Advanced Infrastructure Technologies, Inc.
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Advanced Infrastructure Technologies, Inc. - overview
Location
Orono, ME, US
Primary Industry
Construction
About
Advanced Infrastructure Technologies, Inc. specializes in innovative composite solutions that enhance infrastructure projects through the development and manufacture of Fiber-Reinforced Polymer products. Advanced Infrastructure Technologies, Inc. operates in the composite materials sector, focusing on infrastructure solutions.
The company is headquartered in Orono, US. It has been involved in 1 deal, with its most recent deal taking place on February 3, 2010, during which it closed a Series A financing led by Sandpiper Capital Management. AIT Composites specializes in advanced composite solutions, focusing primarily on the development and manufacture of Fiber-Reinforced Polymer (FRP) products applicable to infrastructure projects. Their core offerings include AIT Girders, AIT Arches, AIT Decks, AIT SeaWalls, and various reinforcing products such as BasBar and MiniBars.
These innovative products serve to enhance the durability, sustainability, and efficiency of construction projects, addressing critical needs in infrastructure by providing lightweight yet strong alternatives to traditional materials. AIT Composites has completed numerous projects across the United States, with notable activity in Florida, Maine, and Rhode Island, and continues to expand its reach to the West Coast. The primary clientele includes construction firms, engineering companies, and government agencies, all of which benefit from the superior performance characteristics of FRP materials in diverse infrastructural applications. AIT Composites generates revenue through direct sales of its specialty composite products, facilitating transactions primarily within a B2B framework.
Clients typically engage in contractual agreements for bulk purchases, which may include customized solutions tailored to specific project requirements. Transactions are negotiated based on project scope, with terms often reflecting the volume and complexity of the materials needed. The flagship product, AIT Girders, plays a pivotal role in driving revenue, as it is integral to many infrastructure projects that prioritize sustainability and long-term performance. While specific pricing details for services and products are not disclosed, transactions are structured to include comprehensive support, from initial consultation through to delivery and installation, ensuring that clients receive a complete package designed to enhance their project outcomes.
As of February 2010, Advanced Infrastructure Technologies, Inc. is planning to leverage the funding received from the Series A financing to develop new products and expand into new geographic markets. The company aims to broaden its reach to the West Coast and is actively looking to introduce additional innovative composite solutions designed for infrastructure applications. The funding will support the research and development of these products, ensuring that AIT Composites can meet the evolving needs of its clientele.
Current Investors
Sandpiper Capital Management
Primary Industry
Construction
Sub Industries
Construction
Website
www.aitbridges.com
Verticals
Infrastructure
Company Stage
Series A
Total Amount Raised
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