HRL Laboratories

United States Founded: 1948 • Age: 78 yrs Acquired By IBM
Testing and engineering solutions are provided for various sectors.

About HRL Laboratories

HRL Laboratories is a company based in United States founded in 1948, and was acquired by IBM in July 2026. Testing and engineering solutions are provided for various sectors. The company has 32 employees. Its chief executive, as recorded, is Penrose Albright. Its website hrl.com draws about 17 thousand monthly visits.

Company details

HRL Laboratories was founded in 1948 in the United States. Engineering and testing solutions are delivered across multiple sectors. GaN power amplifier MMIC die, packaged amplifiers, and multi-chip modules form the core product lineup. Foundry services, device and reliability testing, product design, device modeling, assembly and packaging, machine shop operations, precision production, water jet cutting, prototyping, and research and development are also offered to support client needs.

  • Headquarters United States
  • Employees 32
  • Stage Acquired
  • Email
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  • Phone
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  • Website hrl.com
  • Social LinkedIn X Facebook
  • Acquired by IBM (Jul 2026)
Key Metrics
  • Annual Revenue
    $133.59 K (USD)
    222
    as on Dec 31, 2023
  • Net Profit
    $78.72 K (USD)
    398
    as on Dec 31, 2023
  • Latest Funding Round
    $1.5M (USD), Grant

    Sep 2016

  • Investors
    IBM

    & 2 more

  • Employee Count
    32
  • Acquired by
    IBM

    (Jul 2026)

Funding Insights of HRL Laboratories

  • Total Rounds 6
  • Last Round Grant β€” $1.5M
  • First Round $1.9M

    (Mar 2005)

  • Investors Count 2

All 6 funding rounds of HRL Laboratories with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2016$1.5MGrant––
Mar 2012$582,404Grant––
Sep 2010$10.48MGrant––
Aug 2009$1.9MGrant––
Apr 2009$274,848Grant––
Mar 2005$1.9MGrant––
Valuation history

3 investors in total: 3 institutional.

Investors in HRL Laboratories

HRL Laboratories has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include IBM, DARPA and OSTI.GOV.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
1958darpa.milUnited States
Scientific and technical information is managed and disseminated by OSTI.GOV.
osti.govOak Ridge, United States
Hybrid cloud and DevOps automation are delivered to enterprises.
1911ibm.comUnited States
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Investor details for HRL Laboratories

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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People of HRL Laboratories

68 people are tracked at HRL Laboratories (12 in leadership, 56 in team); the tracked headcount is 32.

NameRoleGroup
Penrose Albright
CEO & PresidentLeadership
Hung Nguyen
DirectorLeadership
Franklin Monzon
VP, Microfabrication Technology Laboratory (MTL)Leadership
Andrea Corrion
Director, Microfabrication Technologies LaboratoryLeadership
Geoff Mcknight
Vice President, Materials and Microsystems LaboratoryLeadership
David Chow
Chief Scientific OfficerLeadership
Ashley F.
Director, Trade ComplianceLeadership
Michele Durant
Director, Creative ServicesLeadership
Matthew Borselli
Director of Materials and Microsystems LaboratoryLeadership
Betty Solomon
Managing RecruiterLeadership
Adam Holmes
Quantum Information Department HeadLeadership
Seong Kim
Vp, Sensors And Electronics LabLeadership
Aaron Mitchell Jones
Group Lead: Device PhysicsTeam
Michael Withers
Senior Manager, Trade ComplianceTeam
David Smith
ScientistTeam
Jiejun Xu
Senior Scientist (Scientist VII)Team
Bryan Fong
Manager, Computational Physics DepartmentTeam
fred stratton
Senior research staff memberTeam
Jocelyn Rego
Scientist IVTeam
Alan Tran
Quantum Information ScientistTeam

48 more people are available in the full profile.

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Complete people profiles for HRL Laboratories

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Timeline of HRL Laboratories

4 dated milestones of HRL Laboratories across 78 years, from founding to its latest funding, stage changes and deals.

  1. Founded HRL Laboratories is founded.
  2. Funding First funding round of $1.9M.
  3. Funding Latest funding round, Grant, of $1.5M.
  4. Exit Acquired by IBM.

Web traffic of HRL Laboratories

The website of HRL Laboratories (hrl.com) receives about 17.1K visits a month.

  • Monthly visits
    17.1K

    ▼ 20.2% vs previous month

Similar websites

Websites whose visitors overlap most with HRL Laboratories. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
crlsensors.com
100%
#6,310,900View details
darpa.mil
98%
351K#141,888View details
clui.org
clui.org
73%
#852,331–
arxiv.org
64%
24.2M#2,532View details
chicagoquantum.org
chicagoquantum.org
56%
#1,272,303–
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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 13 similar websites and full traffic analytics for HRL Laboratories

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  • 13 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Related news about Hrl Laboratories

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Frequently Asked Questions about HRL Laboratories

HRL Laboratories was founded in 1948 and raised its 1st funding round 57 years after it was founded.

HRL Laboratories is headquartered in United States.

Penrose Albright is the CEO of HRL Laboratories, as recorded in our data.

HRL Laboratories has 32 employees.

Annual revenue of HRL Laboratories is $133.59K as on Dec 31, 2023.

HRL Laboratories was founded in 1948 in the United States. Engineering and testing solutions are delivered across multiple sectors. GaN power amplifier MMIC die, packaged amplifiers, and multi-chip modules form the core product lineup. Foundry services, device and reliability testing, product design, device modeling, assembly and packaging, machine shop operations, precision production, water jet cutting, prototyping, and research and development are also offered to support client needs.

HRL Laboratories has 3 investors. Key investors include IBM, DARPA, and OSTI.GOV.

Yes. HRL Laboratories was acquired by IBM in July 2026.

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