FAAC (Aerospace and Defense) Overview
- Year Founded
-
1971

- Status
-
Acquired/Merged
- Employees
-
177

- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$10.2M
- Investors
-
1
FAAC (Aerospace and Defense) General Information
Description
Manufacturer of high-fidelity simulator intended to supply accurate high-speed weapon system simulations. The company offers the hardware, software, and expertise needed to assist companies and institutions in developing training programs and research methods, providing simulation fidelity regardless of the application, resulting in training and research excellence, enabling organizations to develop and evolve the training method in order to continuously improve training outcomes.
Contact Information
Website
www.faac.com(Operating Subsidiary)
Corporate Office
- 1229 Oak Valley Drive
- Ann Arbor, MI 48108
- United States
Corporate Office
- 1229 Oak Valley Drive
- Ann Arbor, MI 48108
- United States
FAAC (Aerospace and Defense) Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
7. Later Stage VC | 10-Sep-2018 | $10.2M | Completed | Profitable | ||
6. Accelerator/Incubator | 14-Nov-2014 | Completed | Profitable | |||
5. Grant | 09-Mar-2004 | Completed | Profitable | |||
4. Merger/Acquisition | 13-Jan-2004 | Completed | Profitable | |||
3. Grant | 04-Mar-1999 | Completed | Generating Revenue | |||
2. Grant | Completed | Generating Revenue | ||||
1. Grant | 08-Sep-1996 | $120K | Completed | Generating Revenue |
FAAC (Aerospace and Defense) Patents
FAAC (Aerospace and Defense) Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
CA-3064417-A1 | Driving simulation scoring system | Active | 05-Apr-2019 | ||
CA-3064417-C | Driving simulation scoring system | Active | 05-Apr-2019 | ||
US-11583716-B2 | Pump operation panel simulator | Active | 17-Sep-2018 | ||
US-20200086154-A1 | Pump operation panel simulator | Active | 17-Sep-2018 | ||
US-20230191179-A1 | Pump operation panel simulator | Active | 17-Sep-2018 | A62C99/0081 |
FAAC (Aerospace and Defense) Signals
FAAC (Aerospace and Defense) Former Investors (5)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
The Community Foundation | Corporation | |||
The United States Department of Justice | Government | |||
US Department of Homeland Security | Government | |||
United States Air Force | Government | |||
United States Army | Government |
FAAC (Aerospace and Defense) Acquisitions (1)
FAAC (Aerospace and Defense)’s most recent deal was a Merger/Acquisition with Inter-Coastal Electronics. The deal was made on 10-Feb-2020.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Inter-Coastal Electronics | 10-Feb-2020 | Merger/Acquisition | Biotechnology |
Affiliates
Subsidiaries (2)
Name | Industry | Location | Year Founded |
---|---|---|---|
Shooting Range Industries | North Las Vegas, NV | 2013 | |
Inter-Coastal Electronics | Mesa, AZ | 1990 |
FAAC (Aerospace and Defense) FAQs
-
When was FAAC (Aerospace and Defense) founded?
FAAC (Aerospace and Defense) was founded in 1971.
-
Where is FAAC (Aerospace and Defense) headquartered?
FAAC (Aerospace and Defense) is headquartered in Ann Arbor, MI.
-
What is the size of FAAC (Aerospace and Defense)?
FAAC (Aerospace and Defense) has 177 total employees.
-
What industry is FAAC (Aerospace and Defense) in?
FAAC (Aerospace and Defense)’s primary industry is Aerospace and Defense.
-
Is FAAC (Aerospace and Defense) a private or public company?
FAAC (Aerospace and Defense) is a Private company.
-
What is FAAC (Aerospace and Defense)’s current revenue?
The current revenue for FAAC (Aerospace and Defense) is
. -
How much funding has FAAC (Aerospace and Defense) raised over time?
FAAC (Aerospace and Defense) has raised $10.2M.
-
Who are FAAC (Aerospace and Defense)’s investors?
The Community Foundation, The United States Department of Justice, US Department of Homeland Security, United States Air Force, and United States Army have invested in FAAC (Aerospace and Defense).
-
When was FAAC (Aerospace and Defense) acquired?
FAAC (Aerospace and Defense) was acquired on 10-Sep-2018.
-
Who acquired FAAC (Aerospace and Defense)?
FAAC (Aerospace and Defense) was acquired by Arotech.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »