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About Mach Industries
Industries
Aerospace
Defense
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$184.7M
Headquarters
Austin, Texas
Founded
2022
Overview
Mach Industries focuses on developing advanced defense systems with a primary emphasis on stealth technology. Their products are designed to minimize detection by radar and other surveillance methods, enhancing the effectiveness of military operations. Unlike many competitors, Mach Industries prioritizes the integration of cutting-edge materials and design techniques that significantly reduce the radar cross-section of their systems. The goal of Mach Industries is to provide military forces with superior capabilities that ensure operational success while maintaining a low profile in hostile environments.
Simplify's Take
What believers are saying
- Mach Industries raised $100M, increasing its valuation to $470M.
- The defense sector is attracting more venture capital, benefiting Mach Industries.
- Iterative development programs allow Mach Industries to innovate faster and more flexibly.
What critics are saying
- Reliance on hydrogen technology poses safety challenges, as shown by a past test explosion.
- Decentralized micro-factories may face logistical and regulatory hurdles, delaying production.
- Competition from startups like Anduril and Epirus could challenge Mach Industries' market position.
What makes Mach Industries unique
- Mach Industries focuses on hydrogen-powered platforms for strategic battlefield advantages.
- The company is pioneering decentralized micro-factories with its 'Forge 1' facility.
- Mach Industries has secured a U.S. Army contract for a vertical takeoff cruise missile.
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Funding
Total Funding
$184.7M
Above
Industry Average
Funded Over
3 Rounds
Benefits
Health Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Paid Holidays
Relocation Assistance
Professional Development Budget
Meal Benefits
Growth & Insights and Company News
6 month growth
↑ 3%1 year growth
↑ 3%2 year growth
↑ 9%Ethan Thornton, a 21-year-old MIT dropout, has secured $100M for his defense tech startup, Mach Industries, with backing from Sequoia, Khosla, and Bedrock Capital. This funding raises Mach's total to $185M and its valuation to $470M. Mach is building "Forge 1," a 115,000 sq. ft. facility in California, to revolutionize defense manufacturing with decentralized micro-factories. The company is developing innovative products like the Viper UAV and has a U.S. Army contract for a next-gen cruise missile.
Mach Industries, a defense tech startup founded by 21-year-old Ethan Thornton, is set to close a $100 million funding round. The financing is co-led by new investor Khosla and existing investor Bedrock Capital. This round will value the company at approximately $470 million, according to a source familiar with the deal.
Sequoia Capital has made its first investment in defense startup Mach Industries, founded by 21-year-old MIT dropout Ethan Thornton. Initially focused on hydrogen weapons, the company faced a major setback when a test explosion injured a team member and led to the departure of key staff. Despite this, Sequoia led a $5.7 million seed round, followed by a $79 million Series A from Bedrock Capital, valuing Mach Industries at $300 million. The company is now developing agile weapons like the Viper drone and Glide bomb.
Mach Industries has been awarded a significant contract by the Army Applications Laboratory to develop the Strategic Strike, a vertical takeoff (VTO) cruise missile aimed at enhancing the precision strike capabilities of maneuver units.
軍事テクノロジー企業Mach Industries（マッハ・インダストリーズ）の創業者でCEOのイーサン・ソーントンは、19歳という若さでセコイア・キャピタルやベッドロックなどの大手ベンチャーキャピ
Mach Industries is Hiring for 40 Jobs on Simplify!
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About Mach Industries
Industries
Aerospace
Defense
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$184.7M
Headquarters
Austin, Texas
Founded
2022
Mach Industries is Hiring for 40 Jobs on Simplify!
Find jobs on Simplify and start your career today