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Overview
Torch Technologies is a 100% employee-owned technology services and solutions provider focused on defense. It delivers end-to-end product design and development, taking concepts from inception through production and long-term sustainment. Its software development and engineering teams work in agile ways to deliver value, with capabilities spanning prototyping, technology integration, and long-term support. As a major defense contractor, Torch Technologies supports the armed forces and wins contracts that fund its research and development. Headquartered in Huntsville, Alabama, the company operates a large Design, Development and Integration campus and eight regional offices, underscoring its substantial physical footprint in delivering technical solutions to government customers.
About Torch Technologies
Industries
Government & Public Sector
Defense
Company Size
1,001-5,000
Company Stage
Seed
Total Funding
$15.1M
Headquarters
Huntsville, Alabama
Founded
2002
Simplify's Take
What believers are saying
- Partners with Davis Defense Group and Vector CSP for PMA-271 program support.
- Promotes Sam Burkett to SVP and Brady Porter to VP effective February 1, 2023.
- Secures contracts with U.S. Army AMCOM and Missile Defense Agency.
What critics are saying
- Defense budget cuts slash Torch's contracts to favor Lockheed Martin within 6-12 months.
- Leidos erodes Torch's market share via $250M MDA agile contract win in 12-18 months.
- Engineers defect to Dynetics due to ESOP vesting delays in 6-12 months.
What makes Torch Technologies unique
- 100% employee-owned structure fosters loyalty among 1100+ employee-owners.
- Specializes in end-to-end product design from concept to sustainment using agile methodologies.
- Operates 85,000 sq ft Technology Integration & Prototyping Campus since 2019.
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Funding
Total Funding
$15.1M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
Benefits
Company Equity
401(k) Company Match
Health Insurance
Dental Insurance
Vision Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Paid Vacation
Paid Holidays
Professional Development Budget
Life Insurance
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 2%As part of this effort, DDG has partnered with Torch Technologies, Inc. and Vector CSP, LLC leveraging their specialized expertise to enhance the program's execution and ensure seamless delivery of mission-critical support services.
Torch Technologies announced that the company has been added to the National Center for Employee Ownership (NCEO) 2023 Employee Ownership 100 list.
The HudsonAlpha Institute for Biotechnology named Bill Roark to its Board of Directors at a regularly scheduled meeting of the Institute’s leadership.
Torch Technologies announced the promotions of Sam Burkett to Senior Vice President and Brady Porter to Vice President effective February 1, 2023.
Athens State University is pleased to announce new learning partnerships with TBAKI, Aerojet Rocketdyne, the City of Huntsville, and Torch Technologies.
Torch Technologies is Hiring for 105 Jobs on Simplify!
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About Torch Technologies
Industries
Government & Public Sector
Defense
Company Size
1,001-5,000
Company Stage
Seed
Total Funding
$15.1M
Headquarters
Huntsville, Alabama
Founded
2002
Torch Technologies is Hiring for 105 Jobs on Simplify!
Find jobs on Simplify and start your career today