StartupsFortuneabout 1 hour ago
Mach Industries Raises $600M at $3.7B Valuation
6 min read
Mach Industries, a defense tech startup founded by 22-year-old Ethan Thornton, raised $600 million in a Series C extension at a $3.7 billion valuation, more than double its $1.8 billion valuation three months earlier. The company builds autonomous defense systems and has six weapons programs, a 115,000-square-foot facility in Huntington Beach, California, and a 2024 Army deal for a vertical-takeoff cruise missile.
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