Vextec

Vextec

Vextec is in the business of predicting the shelf-life of manufactured products They look help with the viability, the cost of warranty. Learn more
  • Edit
DateInvestorsAmountRound
-

N/A

-

$100k

Grant

$70.0k

Grant
N/A

$3.0m

Late VC
N/A

$800k

Grant

$24.9m

Grant

$1.4m

Grant
Total Funding€27.5m

Recent News about Vextec

Edit
More about Vextecinfo icon
Edit

VEXTEC Corporation specializes in providing advanced fatigue prediction software based on Integrated Computational Materials Engineering (ICME) to forecast product durability. The company serves a diverse range of clients, including manufacturers and defense contractors, who require precise and reliable predictions of component and system longevity. Operating in the engineering and manufacturing sectors, VEXTEC leverages its proprietary software, VPS MICRO, to integrate CAD, CAM, FEA, statistical modeling, and physical testing into a unified computational framework. This approach allows clients to make informed decisions, improve product quality, and address durability and reliability issues effectively. VEXTEC's business model revolves around offering its software as a service (SaaS), supplemented by technical expertise and consulting services. Revenue is generated through software subscriptions, consulting fees, and development funding, notably from the United States Department of Defense's Small Business Innovative Research (SBIR) and Small Business Technology Transfer (STTR) programs. The company holds seven patents related to its technology, underscoring its innovative edge in the market.

Keywords: fatigue prediction, ICME, product durability, VPS MICRO, engineering software, manufacturing, defense contractors, SaaS, reliability, computational framework.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.