The Advanced Manufacturing Company of America (Amca), headquartered in El Segundo, CA, has launched with $76.5 million in initial funding and a vision to renew the entrepreneurial spirit and engineering legacy of the aerospace and defense industry’s golden age. Backed by Caffeinated Capital, Founders Fund, Lux Capital, Andreessen Horowitz, and others, Amca has acquired its first supplier—Electro-Mech Components, Inc. in South El Monte, CA—and counts Boeing among its customers for its line of human-machine interface products.
“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.” said Terry Trumbull, CEO of Electro-Mech Components.
Amca’s founders are Jai Malik, a serial investor and entrepreneur focused on aerospace and defense, and Eli Giovanetti, who was previously a senior production and engineering leader at SpaceX. 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 full systems or automate part production, Amca is tackling this overlooked but essential layer in between. The legacy suppliers who build these products have been quietly responsible for enabling every system in the industry, but their stories have rarely been told. Rather than 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.
Aligned with this unique business model, Amca is neither a startup nor private equity firm. It is a legacy business, built for the future—intensely valuing the technical depth and knowledge that came before and turning it into a force multiplier for what comes next.