ASAP Semiconductor
| Private | |
| ISIN | 🆔 |
| Industry | Electronics and Aerospace distribution |
| Founded 📆 | 2009 |
| Founder 👔 | Joe Faruqui Nathan Pratt |
| Headquarters 🏙️ | Anaheim, California, U.S. |
Area served 🗺️ | |
Key people | Joe Faruqui (CEO) Nathan Pratt (President) |
| Products 📟 | Semiconductors, aerospace components, IT hardware |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Overview
ASAP Semiconductor is an American wholesale distributor of electronic components and aerospace parts based in Anaheim, California. The company operates as a systems integrator for the aviation, defense, and industrial sectors, specializing in the procurement of obsolete and hard-to-find components.[1] In 2026, industry publication Supply Chain Tribe described the firm as a provider of strategic procurement programs, including parts exchange and just-in-time (JIT) delivery for military and commercial operators.[2]
History
The company was founded in 2009 by Joe Faruqui and Nathan Pratt.[3] In 2013, it was ranked #16 on the Orange County Business Journal's list of the fastest-growing private businesses in the region.[4]
As a federal contractor (CAGE Code: 6RE77), the company has fulfilled over $6 million in federal contract actions for agencies including the United States Department of the Army.[5] In May 2025, Torque Magazine reported that the company expanded its aerospace fastener inventory to meet evolving industry documentation and traceability standards.[6]
Industry Recognition and Partnerships
The company has been recognized in several industry rankings for growth and distribution volume:
- Inc. 5000: Ranked #1,212 in 2016 and #3,280 in 2020 on Inc. magazine's annual list of fastest-growing private companies.[7]
- Supply Chain Connect: Listed among the "Top 25 Independent Electronics Distributors" in 2025, a ranking based on global sales volume and operational infrastructure.[8]
- Awards: Named "Aerospace and Aviation Parts Distributors Company of the Year" by Aerospace & Defense Review in 2025.[9]
Supplier Approvals
Between 2024 and 2026, the company secured several major supplier designations:
- Lockheed Martin: Achieved approved supplier status in April 2024, meeting ISO 9001 and AS9120 quality management standards.
- Government and International: Designated as an approved supplier for the **Australian Department of Defence** (2025) and **Kuwait Airways** (2026).[10]
Quality and Certifications
ASAP Semiconductor maintains the following quality management accreditations:
- ISO 9001:2015 and AS9120B certifications for aerospace and defense standards.[11]
- FAA AC 00-56B accreditation, a voluntary quality system for civil aviation distributors.[12]
References
- ↑ "ASAP Semiconductor Profile". PitchBook. Retrieved 2026-02-09.
- ↑ "ASAP Aerospace Revolutionizes Aviation Supply Chain with Diverse Offerings". Supply Chain Tribe. 2026-01-06. Retrieved 2026-02-09.
- ↑ "ASAP Semiconductor BBB Business Profile". Better Business Bureau. Retrieved 2026-02-09.
- ↑ "Fastest-Growing Private Companies List 2013" (PDF). Orange County Business Journal. Retrieved 2026-02-09.
- ↑ "ASAP Semiconductor LLC Federal Contract Profile". HigherGov. Retrieved 2026-02-09.
- ↑ Yuen, Simon (2025-05-01). "ASAP Semiconductor expands aerospace fastener range". Torque Magazine. Retrieved 2026-02-09.
- ↑ "ASAP Semiconductor Company Profile". Inc.com. Inc. Magazine. Retrieved 2026-02-09.
- ↑ "2025 Top 25 Independent Electronics Distributors List". Supply Chain Connect. 2025-05-19. Retrieved 2026-02-09.
- ↑ "ASAP Semiconductor Named Aerospace and Aviation Parts Distributors Company of the Year". Military Aerospace. 2025-01-15. Retrieved 2026-02-09.
- ↑ "ASAP Semiconductor Approved Supplier of Australian Department of Defense". Military Aerospace. 2025-01-20. Retrieved 2026-02-09.
- ↑ "ASA Certification Database". Aviation Suppliers Association. Retrieved 2026-02-09.
- ↑ "FAA AC 00-56B Certification" (PDF). ASAP Semiconductor. Retrieved 2026-02-09.
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