V-TEK

What V-TEK does

V-TEK, Inc. is a manufacturer of precision packaging, inspection, and bond testing equipment serving the electronics, automotive, aerospace, medical, micro-molding, and micro-stamping industries. Founded in 1985 and headquartered in Mankato, Minnesota, the company operates across U.S. locations (Mankato, Napa, San Jose) and three Mexico locations (Guadalajara, Reynosa, Queretaro) with approximately 210 employees, and has been owned by KODA Enterprises Group since April 2017.

The product portfolio spans two primary brand lines. The V-TEK line covers manual taping machines (TM-50), automatic taping systems (TM-400 through TM-700, with the TM-700 reaching up to 18,000 UPH), parts counters, peel force testers, tape splicers, robotic handler solutions built on precision SCARA robots, and automated die sorters (DE35-VC semi-automatic and AP+ automated). The Royce Instruments line, acquired in 2013, includes bond testers (610 wire pull, 620 multitest, 650 universal), automated die sorters, and consumables. The October 2025 HSS High Speed Sorter achieves 5,000 UPH with ±7µm placement accuracy. Underlying technology centers on vision-guided robotics, SCARA-based handlers, 2D/3D vision inspection, quick-change tooling, and Die Sort Manager software providing input-to-output die-level traceability. Distribution includes V-TEK's role as one of the largest U.S. distributors for 3M, Tek Pak, and Advantek tape and reel materials.

V-TEK operates a multi-channel go-to-market: enterprise field sales for capital equipment (quote-based, with Request a Quote/Demo CTAs), an e-commerce storefront for consumables with publicly listed prices, services-led sales for contract packaging and processing (including Class 10,000 clean room, ITAR- and ISO-certified), and managed calibration services at a recommended 6-month interval. Revenue streams therefore mix one-time capital equipment sales (TM-50 at $11,543, PT-55 at $7,167 as reference price points) with recurring consumables (carrier tape, cover tape, take-up reels, eject needles, wire pull hooks, shear tools, rubber tips), contract services (SMD tape and reel, lead trim and form, dry pack, Kapton dots, inspection, programming via the A&J Programming acquisition), and calibration. V-TEK holds ISO 9001:2015 certification, has been named among major precision packaging providers since 1985, and serves both high-mix/low-volume producers requiring flexibility and high-volume producers requiring throughput.

Name

V-TEK

Legal name

V-TEK, Inc.

Website

https://vtekusa.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

51–100 employees

Short description

V-TEK manufactures precision taping, die sorting, bond testing, and robotic handler equipment for the semiconductor and electronics back-end packaging industry. The Mankato, Minnesota-headquartered company serves electronics, automotive, aerospace, medical, and micro-molding customers through V-TEK and Royce Instruments brands, complementing equipment with consumables distribution and contract packaging services.

Ownership category

akta.pro rank

Product category

Semiconductor Packaging Equipment

NAICS

Other Measuring and Controlling Device Manufacturing (334519)

SIC

Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro industry

PRIMARYHDAHAEAJ

Test, Probe & Burn-In Equipment (Wafer Sort/Final Test)

Hardware, Technology & Telecom/Semiconductors & Electronic Components/Semiconductor Manufacturing Equipment

SECONDARYIMAGAFAC

Test & Measurement Equipment (Oscilloscopes, DAQ, signal analyzers, calibration benches)

Industrials, Manufacturing & Construction/Electrical Equipment & Industrial Electronics/Sensors, Instrumentation & Measurement (Industrial sensing, metrology, test)

Keywords

• Precision packaging equipment
• Bond testing equipment
• Die sorting systems
• Tape and reel equipment
• Semiconductor packaging

Headquarters

HQ city

Mankato

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Capital Equipment Sales: Sale of precision packaging, inspection, and bond testing equipment including die sorters, taping machines, and bond testers. Products like TM-50 Manual Taping Machine ($11,543), PT-55 Peel Force Tester ($7,167), TM-400, TM-500, TM-600, TM-700, and AP+ die sorters.
2. Consumables and Supplies: Recurring revenue from carrier tape, cover tape, take-up reels, eject needles, pick-up tools, shear tools, wire pull hooks, and other consumables. V-TEK is a distributor of 3M, Tek Pak, and Advantek tape and reel materials. $200 minimum order requirement.
3. Packaging and Processing Services: Value-added services including SMD tape & reel, axial & radial taping, inspection, lead forming, lead straightening, baking, sorting, clean room processing (Class 10,000), leader trailer, and quality packaging in ITAR & ISO certified facility.
4. Calibration Services: Calibration services for Royce bond testing and die sorting equipment. Recommended calibration interval of 6 months. Contact through [email protected].

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

V-TEK manufactures precision packaging, inspection, and bond testing equipment for electronic component manufacturers. Its product range includes manual and automated taping systems, die sorters, bond testers, parts counters, tape splicers, peel force testers, and supporting consumables such as carrier tape, cover tape, and take-up reels. The company also provides packaging and processing services, A&J programming support, and calibration services.

Product overview

V-TEK is a manufacturer of precision packaging, inspection, and bond testing equipment for the electronics, automotive, aerospace, medical, micro-molding, and micro-stamping industries. The product portfolio centers on two primary brand lines: V-TEK equipment for taping, counting, and packaging operations, and Royce Instruments for bond testing and die sorting. Taping solutions range from manual (TM-50) to high-speed rotary systems (TM-700 up to 18,000 UPH). Die handling includes semi-automatic (DE35-VC) and automated sorters (AP+, HSS High Speed Sorter). Bond testers span the Royce 610, 620, and 650 models for wire pull, die shear, and related testing. The company also offers robotic handler solutions using SCARA robots, consumable supplies (carrier tape, cover tape, take-up reels, tools), and contract packaging services including clean room processing. The 2024 acquisition of A&J Programming expanded capabilities into device programming services.

Differentiator

Problem solved

Functional benefit

Brands

• A&J Programming: Device programming and taping services acquired in 2024, operating from San Jose, California
• Royce Instruments

Quantifiable outcome

• Throughputs of up to 5,000 units per hour with HSS High Speed Sorter
• +5 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered minor and core.

• South Central CollegeminorOthersV-TEK maintains a strong relationship with South Central College as part of its talent pipeline strategy to find young, skilled workers.
• Minnesota State University – MankatominorOthersV-TEK maintains a strong relationship with Minnesota State University – Mankato as part of its talent pipeline strategy to find young, skilled workers.
• 3McoreChannel Partner/ Reseller/ DistributorV-TEK is one of the largest U.S. distributors for 3M tape and reel materials including carrier tape, cover tape, and related supplies.
• Tek PakcoreChannel Partner/ Reseller/ DistributorV-TEK is a distributor of Tek Pak tape and reel materials including carrier tape, cover tape, and related supplies.
• AdvantekcoreChannel Partner/ Reseller/ DistributorV-TEK is a distributor of Advantek tape and reel materials including carrier tape, cover tape, and related supplies.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Kulicke & Soffa Industries: Kulicke & Soffa is the world's largest wire bonder supplier and broader back-end semiconductor equipment incumbent. Its product range and global service footprint overlap with V-TEK's bond testing and assembly automation, particularly across automotive and industrial semiconductor customers.
• Universal Instruments: Universal Instruments is a long-established electronics assembly automation supplier with surface-mount, through-hole, and robotic handling lines that overlap with V-TEK's robotic handler and taping equipment categories. Both serve high-mix electronics manufacturers.
• ITW Electronics Assembly Equipment (EAE): ITW EAE includes brands such as Speedline and MPM that supply surface-mount and electronics assembly equipment, providing a broader incumbent alternative to V-TEK's taping and robotic handling solutions for electronics manufacturers.

Direct peers

• BE Semiconductor Industries (Besi): Besi is a leading supplier of semiconductor assembly equipment for advanced packaging, with direct overlap to V-TEK's die sorting and die handling business. Besi's broader portfolio (die bonders, molding, plating) makes it the dominant scale competitor in V-TEK's core niche.
• ASMPT: ASMPT offers semiconductor packaging and assembly materials equipment, including die bonding and sorting tools that compete with V-TEK's automated die sorter line. ASMPT's scale and broad process coverage make it one of the closest comparable global competitors.
• Mühlbauer Group: Mühlbauer manufactures die sorters, taping equipment, and identification solutions for the semiconductor back-end, making it a direct competitor to V-TEK's HSS/AP+ die sorters and TM-series taping platforms. Both companies serve a similar mix of OSAT and electronics manufacturers.
• Hanmi Semiconductor: Hanmi Semiconductor specializes in die sorters and die bonders used in semiconductor back-end assembly, directly competing with V-TEK's automated die sorting products. As a Korea-based specialist, Hanmi is a natural peer in the same die-handling equipment category.
• Yamaha Motor Robotics (formerly Shinkawa): Yamaha's surface-mount and semiconductor assembly robotics — built on the legacy Shinkawa bond tester franchise — overlap directly with V-TEK's bond testing and robotic handler products. Both serve high-mix, low-volume semiconductor and electronics manufacturers.
• MRSI Systems (Mycronic): MRSI Systems, part of Mycronic, supplies precision die bonding and chip assembly systems for photonics, semiconductor, and microelectronics. Its precision-handling capabilities and customer base in advanced packaging directly overlap with V-TEK's AP+ and HSS automated die sorter positioning.
• Nordson DAGE: Nordson DAGE manufactures bond testing instruments (pull and shear testers) for the semiconductor and electronics industries, directly competing with V-TEK's Royce 610/620/650 bond tester line. Both companies serve similar QA engineering and high-reliability customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/vtekusa
• LinkedInlinkedin.com/company/v-tek-inc
• Xx.com/VTEK_USA

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about V-TEK