Natel Engineering Co.

Natel Engineering Co. is a provider of Electronic Manufacturing Services (EMS), specializing in high-complexity production for sectors such as aerospace, medical equipment, and industrial electronics. Natel Engineering Co. is a specialist in electronic manufacturing, primarily focused on high-complexity, low-to-medium volume production.

Founded in 1975, it is headquartered in Chatsworth, US. In March 2015, the company merged with OnCore Manufacturing Services LLC to form NEOTech Inc. for USD 275 mn, enhancing its operational capabilities by consolidating resources across 13 manufacturing locations with approximately 3,750 employees. The current CEOs are Alex George, James Grubert, and Jim Doyle.

NEOTech specializes in Electronic Manufacturing Services (EMS), offering a comprehensive suite of solutions that includes advanced printed circuit board assembly (PCBA), microelectronics assembly, engineering design services, and box build services. Their core capabilities cater to high-complexity, low-to-medium volume production, mainly serving high-technology original equipment manufacturers (OEMs) in industries such as aerospace and defense, medical equipment, industrial electronics, and the Internet of Things (IoT). NEOTech’s products are characterized by their focus on reliability and performance, addressing challenges inherent in high-stakes sectors that demand exceptionally high quality. The company delivers these products primarily to clients within North America, Europe, and select markets in Asia, ensuring that their solutions meet the stringent requirements of highly regulated industries.

The firm's extensive experience and established partnerships with leading aerospace and medical companies enhance their credibility and customer trust, making them a preferred partner for organizations seeking innovative electronic manufacturing solutions. NEOTech's revenue is generated through direct business-to-business transactions, predominantly with clients in the aerospace, medical, and industrial sectors. Their sales model involves tailored partnerships where clients engage NEOTech for specific project needs, often leveraging the company's advanced engineering design services to streamline product development and manufacturing processes. Revenue transactions are structured around contractual agreements that outline service deliverables, production timelines, and quality benchmarks.

Key offerings, such as their microelectronics services and high-reliability PCBA, command premium pricing due to the specialized expertise and technological innovation involved. NEOTech focuses on fostering long-term relationships with its clients, which drives recurring revenue through ongoing projects and service contracts, affirming their value as a strategic partner in electronics manufacturing. The merger in March 2015 enabled NEOTech to enhance its manufacturing capabilities significantly. Future growth will focus on the development of new products and expansion into new geographic regions.

The combined entity will leverage its 13 manufacturing locations to explore markets in Europe and Asia by 2025. This expanded reach will be supported by the USD 275 mn raised during the merger, allowing NEOTech to invest in product design and market entry strategies.