What Precision Electronic Technologies does

Precision Electronic Technologies is a 100% Australian-owned contract electronic manufacturing services (EMS) provider founded in 1958 as Precision Windings and headquartered in Mitcham, Victoria. The company delivers end-to-end electronic manufacturing solutions spanning seven core product lines: PCB fabrication, specialist PCB assembly (from 0201 fine-pitch to complex multi-layer builds certified to IPC Class 3), cable assembly and wiring harnesses for harsh environments, box build and full turnkey assembly, plastic and metal casings, laser cut stencils, and membrane switches. All operators are trained and certified to IPC Class 3, the highest workmanship standard, and the company holds ISO 9001:2015 certification across both its Australian and Hong Kong facilities while actively pursuing ISO 13485 medical device certification. Offshore volume production is managed through a certified partner network (ISO 9001, ISO 13485, IATF 16949) with on-the-ground quality oversight from its Hong Kong branch established in 2005.

The company operates a sales-led go-to-market model with dedicated account managers, a 24-hour enquiry response commitment, and quote-based pricing on every engagement. It serves more than 20 industries across all Australian capital cities and internationally, with primary verticals in medical electronics, defence and military, and utilities, alongside scientific instrumentation, mining and industrial, and startup/SME customers. Differentiation rests on the dual-shore manufacturing model (local Australian prototyping plus offshore volume), integrated electromechanical assembly under one roof, Design for Manufacturability (DFM) feedback, 2-4 week prototype turnaround, comprehensive after-sales support including stock holding, and a customer roster featuring long-tenured relationships such as Zero Latency, Invenco Group Ltd, Sapiens Innovations, Electronic Design Ware, and Liquid Instruments.

Revenue is generated through one-time project-based contracts on each build (PCB fabrication, assembly, cable, box build, enclosures, stencils, membrane switches) plus ongoing after-sales support services. Recognized with the 2021 Gold Award at the Australian Business Excellence Awards, consecutive Australian Defence Industry Awards finalist status in 2020 and 2021, and a 2015 Silver Award at the Australian Organisational Excellence Awards, the company is led by CEO Joe Hernandez, COO Robert Moran, and CFO Sri Srikantha, with the Hernandez family playing a notable role in management. No venture capital, private equity, or institutional investment ownership is evidenced, and the business operates as an independent, privately held entity.

Name

Precision Electronic Technologies

Legal name

Precision Electronic Technologies

Website

https://precisionet.com

Company type

Private

Founded year

1958

Operating status

Operating

Headcount range

11–50 employees

Short description

Precision Electronic Technologies is a 100% Australian-owned contract electronic manufacturer founded in 1958, delivering PCB fabrication, PCB assembly (IPC Class 3), cable assemblies, box build/turnkey, and enclosures for medical, defence, utilities, and industrial customers via a dual Australia-Hong Kong model.

Ownership category

akta.pro rank

Product category

Contract Electronic Manufacturing Services

NAICS

Printed Circuit Assembly (Electronic Assembly) Manufacturing (334418), Bare Printed Circuit Board Manufacturing (334412)

SIC

Printed Circuit Boards (3672), Electronic Components, Nec (3679)

akta.pro primary industry

Industrial Electronics Manufacturing Services (EMS) (IMAGAGAA)

akta.pro secondary industry

PCB Assembly (PCBA/EMS) (HDAHAOAI)

Keywords

• Contract electronic manufacturing
• PCB fabrication services
• PCB assembly services
• Box build assembly
• Cable harness manufacturing

Headquarters

HQ city

Mitcham

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. PCB Fabrication: Printed circuit board fabrication supporting rapid prototypes and volume production with global supply chain reach.
2. PCB Assembly (PCBA): Specialist PCB assembly services from 0201 fine-pitch technology to complex multi-layer builds. Minimum order quantity as low as a single board for prototyping.
3. Cable Assembly & Wiring Harnesses: Custom cable assemblies, wiring harnesses, and power leads built for harsh environments including medical-grade and defence-standard requirements.
4. Box Build & Full Turnkey Assembly: Complete box build and system integration solutions, managing the entire lifecycle from component procurement to final testing and logistics.
5. Laser Cut Stencils: Supply of various thicknesses and sizes of high-quality stainless-steel laser cut stencils, both framed and frameless.
6. Plastic & Metal Casings: Wide range of tailored metal and plastics enclosures including metal casting, sheet metal work, plastic injection moulding, and precision machined products.
7. Membrane Switches: Custom membrane switches and user interface solutions.
8. After-sales Support & Stock Holding: Comprehensive after-sales support including warranty repairs, rework on field returns, ongoing product maintenance, and stock holding of finished products or replacement parts.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Precision Electronic Technologies is a contract electronic manufacturing services (EMS) provider delivering end-to-end production from prototype to full-scale volume. Core offerings include PCB fabrication, PCB assembly (0201 fine-pitch to multi-layer, IPC Class 3), cable assemblies and wiring harnesses, box build and full turnkey assembly, plastic and metal casings, laser cut stencils, and membrane switches for high-reliability industries.

Product overview

Precision Electronic Technologies is a 100% Australian owned contract electronic manufacturing solutions provider offering end-to-end electronic manufacturing services. Their portfolio consists of seven core product lines: PCB Manufacturing (fabrication of printed circuit boards supporting prototypes and volume production), PCB Assembly (specialist assembly from fine-pitch technology to complex multi-layer builds certified to IPC Class 3), Cable Assembly (custom cables, wiring harnesses, and power leads for harsh environments), Box Build & Full Turnkey Assembly (complete product integration from component procurement to final testing), Plastic & Metal Casings (tailored enclosures and precision machined products), Laser Cut Stencils (stainless-steel stencils in framed and frameless options), and Membrane Switches (custom user interface solutions). Together, these services enable the company to deliver complete electromechanical product builds from initial prototype through to full-scale production.

Differentiator

Problem solved

Functional benefit

Products and services

• PCB Manufacturing High-quality Printed Circuit Board (PCB) fabrication supporting rapid prototypes and volume production with global supply chain reach. Minimum order quantity is 2 panels for bare PCBs.
• PCB Assembly (PCBA) Specialist PCB Assembly services from 0201 fine-pitch technology to complex multi-layer builds, certified to IPC Class 3 standards. MOQ as low as a single board for prototyping.
• Cable Assembly Custom-engineered cables, cable assemblies, wiring harnesses, and power leads built for harsh environments including medical-grade and defence-standard requirements.
• Box Build & Full Turnkey Assembly Complete Box Build and System Integration solutions managing the entire lifecycle from component procurement to final testing and logistics for complete electromechanical product builds.
• Plastic & Metal Casings Wide range of tailored metal and plastics enclosures including metal casting, sheet metal work, plastic injection moulding, and precision machined products.
• Laser Cut Stencils High-quality stainless-steel laser cut stencils available in both framed and frameless configurations, in various thicknesses and sizes.
• Membrane Switches Custom-designed and manufactured membrane switches, keypads, and user interface solutions tailored to product requirements.

Quantifiable outcome

• Quality performance increased from 98.92% to 99.72% between 2018 and 2020
• +2 more outcomes

Named customers5 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

Feature5 records

Partnerships

Five partnerships are on record, tiered core and supporting.

• PCB Suppliers in ChinacoreOthersLongstanding partnerships with PCB manufacturers in China for high-quality PCB supply to complement local manufacturing. Suppliers are UL-approved and comply with IPC-A-600 (Class 2 or 3).
• PCB Suppliers in Taiwan and KoreasupportingOthersPartnerships with PCB suppliers in Taiwan and Korea providing alternative sourcing options for customer requirements. Suppliers maintain quality certifications including ISO 9001.
• Design Houses and Product DesignerssupportingStrategic or Co-development PartnerCollaborates with various design houses and product designers to assist with product development requirements. Provides DFM analysis and engineering support during design phase.
• Certified Offshore Manufacturing PartnerscoreOthersCertified offshore network holding ISO 9001, ISO 13485, and IATF 16949 (automotive) certifications for cost-optimized volume production while maintaining quality oversight. Hong Kong office provides on-the-ground quality management.
• Cable Assembly ManufacturerscoreOthersPartnerships with local and offshore cable assembly manufacturers holding ISO 9001, ISO 14001, TS 16949 (automotive), and ISO 13485 (medical devices) certifications.

Scale indicators4 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Sanmina Corporation: Global tier-1 EMS provider offering integrated manufacturing solutions, PCB fabrication, and assembly for medical, defence, and industrial customers; comparable end-market exposure at greater scale.
• Benchmark Electronics: US-headquartered global EMS provider delivering PCB assembly, box build, and engineering services for aerospace, defence, medical, and industrial customers with comparable high-reliability vertical focus.
• Flex Ltd: Global tier-1 EMS giant providing PCB assembly, box build, and full product lifecycle services across consumer, industrial, healthcare, and automotive, representing the large-scale competitive threat for volume contracts.
• Jabil Inc: World-leading EMS provider offering comprehensive electronics manufacturing, PCB assembly, and supply chain services with global facilities; benchmarks large-scale operational capability that mid-sized Australian EMS players compete against.

Direct peers

• GPC Electronics: Australian contract electronics manufacturer based in Queensland providing PCB assembly, cable harnesses, and box build solutions to defence, medical, and industrial customers with similar high-reliability focus.
• DEK Technologies: Australian electronics design and manufacturing services company delivering PCB assembly, embedded systems, and full product builds for defence, medical, and industrial clients, with comparable scope and quality positioning.
• Circuitwise Electronics: Australian EMS provider offering PCB assembly, cable assembly, and box build services with ISO 9001 and ISO 13485 certifications, directly comparable to Precision's core offerings and customer segments in Australia.
• Adilam Electronics: Australian EMS company providing PCB assembly, cable assemblies, and electronic manufacturing services across industrial, medical, and security verticals, serving a similar mid-market customer base.

Regional players

• AEM Holdings Ltd: Singapore-based provider of test handling and EMS services for semiconductor and electronics customers, representing a comparable Asia-Pacific regional peer in the broader contract electronics manufacturing space.
• Venture Corporation Limited: Singapore-listed EMS provider delivering PCB assembly, box build, and engineering services to global OEMs in industrial, medical, and networking, serving as a relevant regional comparable in the Asia-Pacific EMS landscape.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/precision-electronic-technologies

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 Precision Electronic Technologies