ISO 9001 - Frequently Asked Questions

ISO 9001 Logo image from iso.org

The Raloid Corporation is an ISO 9001-certified facility, operating continuously since 1964. The brunt of the Raloid Corporation’s business lies in the design and manufacture of sophisticated parts and equipment for defense and aerospace programs across the United States. ISO certification is an internationally recognized seal of approval in management systems. Here are some important details about the certification and what it stands for.

Q: What does a business get from ISO certification?
A: It’s a sign to stakeholders and clients that the business is operating along a set framework of production and customer-satisfaction criteria. The certification is a quick way to send a message to potential and existing clients that a business is credible, reliable, and committed to quality.

Q: Are the certifications expensive?
A: It depends largely on the size of the organization to be certified. ISO encompasses several different standards, and if a business decides to establish several standards at once, it incurs a preferential cost for certification with most certifying bodies.

Q: How long does it take to get certified?
A: Most certifying organizations can certify a business within six to eight weeks, but it might take more or less time, depending on the size and activity of the business.

Lockheed Martin - $200 Million VC Fund Focuses on Early Stage Startups

By Source, Fair use, https://en.wikipedia.org/w/index.php?curid=18634767

Raloid Corporation is a Reisterstown, Maryland company with a proven track record over the decades of meeting the advanced manufacturing and system assembly needs of military and aeronautics contractors. Among the companies Raloid Corporation has collaborated with on projects is Lockheed Martin, which was the focus of a recent TechCrunch article on its $200 million early-stage venture capital fund.

With the traditional approach being centered on Lockheed’s in-house VC fund seeking out late-stage companies with mature technologies, an increasing focus is on identifying leading-edge technologies with the potential to grow. This is made possible through an organizational structure in which internal business units are in regular contact with management in identifying challenges and improvements that do not present internal sourcing or existing-vendor solutions.

A particular emphasis of ‘Emerging Technologies Funds” investments is commercial tech applications that have dual-use aerospace capabilities. The fund was established in 2007, and $80 million has been returned on $100 million invested in the first decade. With an “evergreen” structure in place, the fund exclusively invests generated returns in next-generation startups within the venture wing.