What NEO Tech does

NEO Tech (legal entity Natel Engineering Co., Inc.) is a US-headquartered, high-reliability Electronic Manufacturing Services (EMS) provider serving mission-critical OEMs in aerospace & defense, medical devices, high-tech industrial, IoT, digital media, and energy. The company operates 9 manufacturing facilities across the United States (Chatsworth CA HQ, Fremont CA, Carlsbad CA, Longmont CO, Westborough MA, Naperville IL) and Mexico (three Ciudad Juárez sites), with 3,800+ employees and heritage tracing back to 1975 (NATEL). NEOTech in its current form was created in 2015 through the merger of NATEL with OnCore Manufacturing, following NATEL's prior acquisition of EPIC Technologies in 2013, and was acquired by private equity firm Arkview Capital in November 2025.

The company's core capabilities span three integrated pillars: Electronic Manufacturing Services (PCBA manufacturing across diverse substrate materials, box build and system integration, interconnect/wire harness assembly, direct fulfillment, and repair/refurbishment), Engineering Design Services (DFX analysis, digital/analog/RF design, PCB layout, prototype engineering, and sustaining engineering), and Microelectronics Services (LTCC/HTCC ceramic substrates up to 50+ layers, microelectronics assembly in Class 10K/100K clean rooms, hermetic packaging, and space-qualified manufacturing with MIL-PRF-38534, NASA, and DMEA Trusted Foundry credentials). The technology stack is differentiated by proprietary ECP Thick Film photolithography supporting frequencies through 100 GHz, an unusually dense regulatory certification portfolio (AS9100, ISO 13485, ITAR, CMMC Level 2, MDSAP, DSCC), and a US/Mexico nearshore footprint that addresses OEM supply-chain resilience concerns versus Asia exposure.

NEOTech operates a B2B contract-manufacturing business model with quote-based pricing tied to product complexity, volume, and scope of services. Revenue streams combine hardware sales (manufacturing fees on assemblies and box builds) with professional services (engineering NRE, direct fulfillment logistics, and aftermarket repair/refurbishment). The go-to-market is enterprise field sales augmented by inside sales, supported by relationship-based selling through case studies, customer testimonials, supplier excellence awards, and industry events. Multi-year contracts anchor customer retention, with named enterprise customers spanning Northrop Grumman, Eaton, Flowserve, Teal Drones, Hemisphere GNSS, and Tier-1 medical device OEMs.

Name

NEO Tech

Legal name

Natel Engineering Co., Inc. D.B.A NEOTech

Website

http://www.neotech.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

NEO Tech is a US-based high-reliability electronics manufacturing services (EMS) provider, operating 9 facilities across the US and Mexico with 3,800+ employees. It delivers PCBA, microelectronics, ceramic substrates, design engineering, and system integration to aerospace & defense, medical, industrial, and energy OEMs under ITAR, AS9100, ISO 13485, and MIL-PRF certifications.

Ownership category

akta.pro rank

Product category

Electronic Manufacturing Services

NAICS

Semiconductor and Other Electronic Component Manufacturing (3344), Other Electronic Component Manufacturing (334419)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Printed Circuit Boards (3672)

akta.pro primary industry

Industrial Electronics Original Design Manufacturing (ODM) (IMAGAGAB)

akta.pro secondary industries

Ruggedized/Harsh-Environment Electronics Manufacturing (IP-rated, shock/vibration, wide-temp) (IMAGAGAF), Test, Measurement & Calibration Equipment Manufacturing Services (ATE, DAQ, metrology electronics) (IMAGAGAH), Embedded & HMI Electronics Manufacturing (Industrial PCs, HMIs, Panel PCs) (IMAGAGAD)

Keywords

• Electronic manufacturing services
• Contract electronics manufacturing
• Microelectronics assembly
• PCBA manufacturing services
• Aerospace defense electronics

Headquarters

HQ city

Chatsworth

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Electronic Manufacturing Services (EMS): Core revenue from contract manufacturing services including PCBA manufacturing, microelectronics assembly, ceramic substrate production, box build assembly, and system integration. Revenue is generated through manufacturing fees based on product complexity, volume, and value-added services.
2. Direct Fulfillment Services: Logistics and fulfillment services including configure-to-order (CTO), pick-pack-ship solutions, global logistics support, end-user software loading, in-house customs brokerage, and Kanban stocking programs. Revenue generated through fulfillment fees and logistics markups.
3. Engineering Design Services: Design engineering services including DFM, DFT, value analysis/engineering, digital/analog/RF design, PCB layout, prototype engineering, and sustaining engineering. Revenue generated through engineering service fees and NRE (non-recurring engineering) charges.
4. Repair and Refurbishment Services: Aftermarket repair, refurbishment, and product lifecycle support services including warranty/non-warranty repair, failure analysis, remanufacturing, and reverse logistics. Revenue generated through service fees and spare parts margins.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

NEO Tech provides end-to-end electronic manufacturing services (EMS) including printed circuit board assembly (PCBA), box build and system integration, microelectronics assembly (chip and wire, MCM, flip chip), ceramic substrate manufacturing (LTCC/HTCC), and space-qualified manufacturing. The company also delivers engineering design services covering DFX, digital/analog/RF design, and prototyping, along with direct fulfillment and aftermarket repair/refurbishment support for high-reliability OEM customers.

Product overview

NEOTech is an electronics manufacturing services (EMS) provider offering a comprehensive suite of services organized around three core pillars: Electronic Manufacturing Services (EMS), Engineering Design Services, and Microelectronics Services. The EMS portfolio includes PCBA Manufacturing, Box Build, Direct Fulfillment, Repair and Refurbishment, and Interconnect (wire harness assembly). The Engineering Design Services umbrella covers DFX, digital/analog/RF design, industrial design, test engineering, and prototype/NPI services. Microelectronics Services encompasses Ceramic Substrates (LTCC/HTCC), Microelectronics Assembly, and Space Qualified Manufacturing. These services serve six primary market verticals: Medical Equipment, Aerospace & Defense, High-Tech Industrial, IoT, Digital Media, and Energy Industry. The company combines the legacy of three acquired companies (NATEL, EPIC, and OnCore) with over 40 years of heritage.

Differentiator

Problem solved

Functional benefit

Brands

• VELOCITY: Business sites offering quick turn production of prototypes and rapid NPI (New Product Introduction) process.

Products and services

• PCBA Manufacturing (Circuit Card Assembly) Printed circuit board assembly services handling designs from basic to complex with hundreds of components and multiple layers, supporting substrate materials including FR4, Rogers, metal-core aluminum, copper, Duroid, ceramic, CEM-1, and CEM-3 for OEM customers in aerospace, defense, medical, and industrial markets.
• Box Build Manufacturing System integration and box build manufacturing covering sub-system integration, wiring, full product assembly and testing, supporting electronic and electromechanical systems, custom enclosures, power control, motion control, vacuum/hydraulics, RF technology, and optics with MIL-STD testing.
• Microelectronics Services Mission-critical microelectronics manufacturing including ceramic substrates (LTCC/HTCC), microelectronics assembly (chip and wire, multi-chip modules, flip chip), wire bonding, hermetic packaging, and space-qualified manufacturing for harsh environments, with Class 10K and 100K clean rooms.
• Ceramic Substrates (LTCC/HTCC) High-reliability ceramic substrate technology including Low Temperature Co-fired Ceramic (LTCC) and High Temperature Co-fired Ceramic (HTCC) with aluminum nitride and alumina options, multilayer capabilities up to 50+ layers, hermetic sealing, and ECP Thick Film for microwave and high-frequency applications up to 100 GHz.
• Microelectronics Assembly Precision microelectronics assembly for RF technologies, microwave systems, and mixed-signal solutions including gold ball/wedge and aluminum wedge wire bonding, flip chip, eutectic die attach, hermetic sealing, and RF/microwave test solutions.
• Space Qualified Manufacturing Space-qualified microelectronics manufacturing with LTCC/HTCC processes, semiconductor packaging, precision wire bonding, and RF and microwave component manufacturing, with MIL-PRF-38534, DSCC, NASA, ITAR, and DMEA Trusted Foundry certifications.
• Engineering Design Services Comprehensive engineering design services including DFX (Design for Excellence, Manufacturing, Test), digital design (FPGA, embedded systems), analog design (mixed signal, RF, wireless), industrial/mechanical design, PCB layout, test engineering, prototype engineering, NPI, and sustaining engineering for OEM customers.
• Interconnect (Wire Harness Assembly) Wire harness assembly and cable harness manufacturing including simple wiring kits, multi-conductor I/O cables, complex harness assemblies, and coaxial/RF cable assemblies, with IPC/WHMFA 620A, ISO 13485, and ISO 9001 certifications.
• Direct Fulfillment Services Configure-to-order (CTO) pick, pack, and ship solutions with global logistics support, in-house customs brokerage, end-user software loading, worldwide order fulfillment, aftermarket support, and Kanban stocking programs for OEM customers.
• Repair and Refurbishment Services Aftermarket repair and refurbishment services extending product life, including warranty and non-warranty repair, component-level failure analysis, RoHS-compliant production support, and reverse logistics including e-waste recycling for OEM customers.

Quantifiable outcome

• Six consecutive Mexico Technology Award wins for Outstanding EMS Services Over $100M category
• +2 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered core and standard.

• Texas Instruments DLP Design NetworkcoreTechnology or Integration · 1 January 2007NEOTech is a TI DLP Design Network Partner since 2007, manufacturing critical assemblies and full projector systems for digital theater equipment brands. NEOTech satisfies TI criteria including hardware/software integration, optics design, system integration, prototyping, and engineering manufacturing services.
• Teal DronescoreStrategic or Co-development PartnerNEOTech partners with Teal Drones for manufacturing defense-grade drone technology. Teal's CTO George Matus stated that NEOTech has never shied away from complex technical challenges and works side-by-side with their engineering team to enhance product designs.
• Northrop GrummancoreStrategic or Co-development PartnerNEOTech has received multiple supplier excellence awards from Northrop Grumman for defense manufacturing excellence and innovation in strengthening the defense industrial base. Long-standing partnership for mission-critical aerospace and defense electronics.
• Numerica CorporationcoreStrategic or Co-development PartnerNEOTech partners with Numerica Corporation bringing innovation to realization for the air defense market, manufacturing specialized electronics for air defense systems.
• Hemisphere GNSSstandardStrategic or Co-development PartnerNEOTech partnered with Hemisphere GNSS for manufacturing of portable affordable smart antenna solutions for GPS-based automation equipment.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Celestica: Global EMS provider with aerospace/defense and industrial exposure. Larger and more diversified; competes for similar high-reliability programs but with broader geographic footprint.
• Jabil: One of the largest global EMS providers with substantial aerospace/defense, medical, and industrial business. Operates at much greater scale but overlaps on regulated-industry EMS work.
• Sanmina: Large global EMS provider with significant aerospace/defense, medical, and industrial exposure. Larger and more diversified than NEOTech but competes directly in high-reliability PCB assembly and system integration.
• Flex (Flextronics): One of the largest global EMS providers with diversified industrial, medical, and aerospace businesses. Adjacent competitor on larger-scale and more cost-sensitive portions of NEOTech's book.

Emerging players

• API Technologies: Specialty defense electronics manufacturer focused on RF, microwave, and microelectronics for military/aerospace applications. Comparable in defense microelectronics specialty though smaller scale.

Direct peers

• Plexus Corp: Public US EMS company focused on aerospace/defense, medical, and industrial markets with similar mid-volume, high-complexity profile. Comparable scale and regulatory emphasis (FDA, AS9100).
• Benchmark Electronics: Public US EMS provider serving aerospace/defense, medical, and high-tech industrial OEMs with complex, low-to-medium volume, high-mix production. Closest comparable to NEOTech in customer mix, scale (~3,000+ employees), and high-reliability orientation.
• Creation Technologies: Private EMS company owned by Onex Partners serving aerospace/defense, medical, and industrial OEMs. Closest private-market comparable in profile, scale, and PE ownership structure mirroring NEOTech under Arkview.
• Kimball Electronics: Public EMS provider serving medical, industrial, and aerospace markets with similar high-mix, low-volume positioning. Comparable in customer-segment mix though somewhat smaller in defense exposure.

Regional players

• TTM Technologies: Large US PCB manufacturer with significant aerospace/defense exposure. Not a direct EMS peer but competes for PCB-related business in the same customer set NEOTech serves.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/neosolves
• YouTubevimeo.com/neotechnologysolutions
• LinkedInlinkedin.com/company/oncore-manufacturing-services-llc

Compliance14 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A7 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NEO Tech