The Advanced Manufacturing Company of America (Amca), based in El Segundo, California, launched with $76.5 million in initial funding and a vision for renewing the aerospace and defense industry’s entrepreneurial spirit and engineering legacy. Backed by Caffeinated Capital, Founders Fund, Lux Capital, Andreessen Horowitz, and others, Amca acquired its first supplier (Electro-Mech Components) in South El Monte, CA, and counts Boeing among its customers for its line of human-machine interface products.
Amca’s founders are Jai Malik (a serial investor and entrepreneur focused on aerospace and defense) and Eli Giovanetti (previously a senior production and engineering leader at SpaceX). And Amca is focused on designing and manufacturing the products that sit between standardized parts and full systems: products like sensors, power units, and flight-control computers that are highly critical to system function and performance.
While most new entrants in aerospace either aim to build complete systems or automate part production, Amca addresses this overlooked but essential layer in between. And the legacy suppliers who make these products have been quietly responsible for enabling every system in the industry, but their stories have rarely been told.
Instead of starting completely from scratch, Amca is acquiring these businesses and building on their embedded trust, talent, and technical foundations to meet the needs of the next fifty years.
Amca is a legacy business built for the future. It intensely values the technical depth and knowledge that came before and turns it into a force multiplier for what comes next.
KEY QUOTE:
“My father and I spent decades building our business. Amca was the only buyer during our sale process that cared to ensure our 60-year legacy carries forward and also had the engineering and manufacturing expertise to grow it.”
– Terry Trumbull, CEO of Electro-Mech Components
