Fundraising Fox

Advanced Aircraft

Hampton, US · Virginia LLC

Advanced Aircraft Company (AAC) develops advanced aircraft platforms and unmanned aerial systems (UAS) aimed at defense and military customers. Its work centers on autonomous systems, robotics, and aerial platforms with a focus on aligning to defense market demand.

Founders & leadership

PAPaul Allen
Paul AlleninNamed on SEC filing
AFAaron Frank
Aaron FrankinNamed on SEC filing
WF
William FredericksNamed on SEC filing
BFBill Fredericks
Bill Fredericksin

Reported raises · per SEC filings

Form D private placements

$500K disclosed across 1 round · 2024

$500KraisedJun 2024 · 9 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Paul AllenExecutive Officer, Director
  • Aaron FrankExecutive Officer, Director
  • William FredericksExecutive Officer, Director
Offering amount
$500K
Amount sold
$500K
Minimum investment
$25K
First sale
Feb 2024
Incorporated
Limited Liability Company, Virginia
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 5

by search overlap
American Aerospace Technologies13 shared keywordsAmerican Aerospace Technologies (AATI) builds high-endurance unmanned aircraft systems and airborne sensing solutions, including its AiRanger medium-altitude, long-endurance UAS, and flies beyond-visual-line-of-sight missions in the national airspace. It serves defense, homeland security, and critical infrastructure sectors with services such as pipeline patrol, sensor integration, and UAS policy development across North America and Western Europe.
Avinc8 shared keywordsAV builds integrated defense systems for allied military operators, including unmanned aircraft, loitering munitions, counter-UAS systems, ISR, directed energy, and autonomy software across air, land, sea, and space domains. The company reports more than 50,000 deployments across over 55 countries.
American Robotics7 shared keywordsAmerican Robotics builds autonomous drone systems, including gas-powered long linear UAVs, drone-in-a-box solutions, counter-UAS, and small tactical UAVs, for automated aerial data collection. It serves government, public safety, and critical infrastructure customers, offering hardware plus operational services such as mission planning, flight operations, and BVLOS waiver management.
Aiaa7 shared keywordsAIAA (American Institute of Aeronautics and Astronautics) is a professional membership organization for the aerospace and defense community, offering a professional network, events, technical resources, and career support. It publishes content and hosts conferences such as AIAA SciTech covering aerospace, space, and defense topics.
Gust6 shared keywordsGust provides a platform for startup founders to incorporate their companies, manage cap tables and equity, and handle governance, risk, and compliance. It also offers office hours, expert sessions, and a vetted network of specialists such as fractional CFOs, accountants, and startup lawyers.

Companies competing with Advanced Aircraft for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 3 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase II2023$1.2M
U.S. Air ForceAir ForcePhase II2022$750K
U.S. Air ForceAir ForcePhase I2022$50K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does Advanced Aircraft do?
Advanced Aircraft Company (AAC) develops advanced aircraft platforms and unmanned aerial systems (UAS) aimed at defense and military customers. Its work centers on autonomous systems, robotics, and aerial platforms with a focus on aligning to defense market demand.
How much funding has Advanced Aircraft raised?
Advanced Aircraft has disclosed $500K raised across 1 round.
Where is Advanced Aircraft headquartered?
Advanced Aircraft is headquartered in Hampton, US.