PADT Turns 20 Today

Categories: Fun, News

Tags: #padt20

At 11:06 am on March 7, 1994 a clerk at the Arizona Corporation Commission placed their stamp on stack of paper titled: “Articles of Incorporation of Phoenix Analysis & Design Technologies, Inc.” and a new company, and a new path in life for many people, was started.

Before that moment it had all been talk and ideas, now it was real. Still working their day jobs, the four founders spent their evenings and weekends trying to figure out how to convince customers to hire them, how to get computers to run ANSYS on, and how to raise money to buy a Stereolithography machine. Friends and Family stepped up and invested their money along with the founder’s savings to fund the crazy idea with an (in hindsight) incredibly long name.

After two decades PADT is now established and thriving, investing in other companies, and expanding into new geographies and businesses. We could not have done it without all of the employees that have worked here through the years, the support of everyone’s family, our software and hardware partners, and of course our very loyal customers.

There were a lot of reasons why we started PADT, and everyone that has joined us through the years has had their own impetus. But, one common purpose motivated us in those early days, and still motivates us today: to create a place where everyone actually wanted to go to in the morning. That motivation will not make any business books, it has not made anyone super rich, nor will it make PADT the darling of Wall Street.

What we can say is that after twenty years of going to work day after day, we can look back and confidently state that it is a motivation that still works today, and still makes for a more rewarding work life than many of our peers have experienced over the same two decades.

We want to thank everyone that has been on this journey with us. Everyone that has allowed us to make a living doing what we like to do, learning new things every day, and spending it with such fantastic people.