Midas Technology, Inc. logo — The Leader in Rework Devices

Midas Technology, Inc.

The Leader in Rework Devices

Founded 1986 United States Woburn, United States 3 employees Seed Total: $690.00K Retail

General Information

Company Name Midas Technology, Inc.
Founded Year 1986
Location United States Woburn, United States
Employees 3
Industries Retail
Funding Stage Seed
Business Model B2B, D2C, E Commerce
Revenue Model Product Sales, Service Fee, Retainer
Social

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About Midas Technology, Inc.

Midas Technology, Inc., founded in 1986 and headquartered in the United States, positions itself as the industry leader in designing and producing rework devices aimed at the Microelectronics sector. Operating out of a modern facility north of Boston, the company leverages a global network to effectively reach manufacturers and users of high-value, high-reliability microelectronics.

As microelectronic technologies transition across sectors like defense, aerospace, telecommunications, optoelectronics, and medicine, Midas Technology's customer base continues to widen globally. The company's key product offerings include the HGRS Hot Gas Workstations and de-lidder™ machines, which offer sophisticated solutions for component removal and package resealing, respectively.

The most recent investment was a $690.00K Seed Round on October 15, 2019, indicating sustained interest and confidence from the investment community. Investors considering a stake in Midas Technology will find an established, innovative company with a robust trajectory in a niche yet expanding market.

Business keywords: Microelectronics Rework, Hot Gas Workstations, Hermetic Package De-lidding, Thermal Workbench, Microelectronics Packaging, Rework Equipment Manufacturing, Prototype Thermal Solutions, High-Reliability Microelectronics, Nitrogen Thermal Processing, Optoelectronics Rework, Telecommunications Electronics, Medical Electronics Rework, Hermetic Package Solutions, Defense & Aerospace Electronics, Optical Fiber Module Rework

Services & Products

Manufacture and support Midas Rework Systems
Provide automation platforms
Offer custom engineering solutions
Technical support and training services

Target Customers

Aerospace OEMs Defense Suppliers Semiconductor Manufacturers Research Institutions

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed $690.00K -
01 Oct 2019

Midas Technology, Inc. Alternatives & Competitors

Midas Technology, Inc. vs
Homemation
Homemation South Africa

We are the exclusive South African distributors for the world's leading audio visual and home automa...

44 employees
Consumer Electronics, Retail

FAQ About Midas Technology, Inc.

The Leader in Rework Devices
Midas Technology, Inc. was founded in 1986.
Midas Technology, Inc. is headquartered in Woburn, United States.
Midas Technology, Inc. operates in Retail. Its work centres on Microelectronics Rework, Hot Gas Workstations, Hermetic Package De-lidding and Thermal Workbench. Its customers include Aerospace OEMs, Defense Suppliers and Semiconductor Manufacturers.
Midas Technology, Inc. has a B2B, D2C and E Commerce business model. Its revenue comes from Product Sales, Service Fee and Retainer.
Midas Technology, Inc. has approximately 3 employees.
Midas Technology, Inc. has completed 1 funding round, raising a total of $690.00K. The latest funding stage is Seed.
Midas Technology, Inc. offers: Manufacture and support Midas Rework Systems, Provide automation platforms, Offer custom engineering solutions, Technical support and training services.
Top alternatives and competitors to Midas Technology, Inc. include Homemation. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Midas Technology, Inc. and Homemation are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Midas Technology, Inc., https://bouncewatch.com/company/midas-technology-inc, updated 15 March 2026. When citing, please name BounceWatch and link this page.

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