FAAC (Aerospace and Defense) Overview

  • Year Founded
  • 1971

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 177

Employees

  • 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
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1229 Oak Valley Drive
  • Ann Arbor, MI 48108
  • United States
+1 (734)
Primary Industry
Aerospace and Defense
Other Industries
Business/Productivity Software
Other Commercial Products
Parent Company
Vertical(s)
Corporate Office
  • 1229 Oak Valley Drive
  • Ann Arbor, MI 48108
  • United States
+1 (734)

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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
To view FAAC (Aerospace and Defense)’s complete valuation and funding history, request access »

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
To view FAAC (Aerospace and Defense)’s complete patent history, request access »

FAAC (Aerospace and Defense) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
To view FAAC (Aerospace and Defense)’s complete investors history, request access »

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
To view FAAC (Aerospace and Defense)’s complete acquisitions history, request access »

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.

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