Mach Industries raises additional$600 million to scale defensemanufacturing. Press Releases Mach Industries raises a $600M Series C continuation at a $3.7B valuation to scale production of long-range strike, counter-UAS, and propulsion systems. Mach Industries, a defense manufacturer developing advanced autonomous systems for the U.S. military and its allies, today announced a $600 million continuation of its Series C financing, bringing the company's valuation to $3.7 billion. Mach Industries is proud to continue its partnership with Ribbit Capital, Infinite Capital, Bedrock Capital, Sequoia, and others as the company invests in its growth. This marks a step-up in valuation for Mach Industries and provides additional capital to accelerate the company's next phase. The financing will support continued development of platforms across long-range strike, counter-UAS, and other mission areas, while expanding the manufacturing infrastructure required to produce them at scale. Across weapons platforms, propulsion, energetics, and advanced manufacturing, Mach Industries is building the capabilities required to move its portfolio of defense systems into scaled production. "Modern deterrence requires an industrial base capable of building relevant capabilities at the speed and volume the mission demands," said Ethan Thornton, Founder and CEO of Mach Industries. "This investment allows us to continue expanding that capacity while moving new platforms from development into production faster." Mach Industries operates a 115,000-square-foot headquarters and manufacturing facility in Huntington Beach, California, with additional propulsion, energetics, and production infrastructure across the state. The company is building a vertically integrated defense industrial base spanning airframes, jet engines, solid rocket motors, energetic systems, autonomy, and advanced manufacturing. This financing follows Mach Industries' $300 million Series C and reflects continued progress across the company's portfolio. The company has increased capacity across airframes and propulsion while advancing systems in long-range strike, counter-UAS, and other mission areas. The launch of Mach Energetics further strengthened the company's testing and production capabilities. About Mach Industries Mach Industries is a defense manufacturing company headquartered in Huntington Beach, California, that develops advanced unmanned systems and the industrial capacity required to produce them at scale. Through a deeply vertically integrated, hardware-first approach, the company rapidly designs, builds, tests, and fields defense systems while advancing manufacturing, testing, and supply chain capabilities that support both its own programs and the broader defense industrial base. Through Mach Propulsion and Mach Energetics, the company develops and produces jet engines, solid rocket motors and energetic systems and serves external customers as a component and subsystem provider for booster, sustainer, and unmanned aerial platforms. Mach Industries delivers the speed, adaptability, and resilience needed to preserve the allied edge in an increasingly contested world.

Mach Industries demonstrated its Viper autonomous strike platform to Lithuanian and Estonian Armed Forces during the VANGUARD 2026 exercise at Lithuania's Rūdininkai military training area. The vertical-takeoff system combines long-range strike capability with precision targeting. The exercise brought together 15 defence companies from seven countries to evaluate emerging technologies under realistic operational conditions. Lithuanian Minister of National Defence Robert Kaunas emphasised the importance of testing advanced systems capable of meeting the country's defence requirements and reinforcing NATO's eastern flank. Mach Industries CEO Ethan Thornton said the company develops systems based on insights from Russia's war against Ukraine. The demonstration results were later presented at a networking event hosted by the US Embassy in Lithuania, attended by defence representatives from multiple countries. The California-based company manufactures advanced unmanned systems and supporting industrial capacity.

Mach Industries has been awarded a Defense Innovation Unit contract for the Runway Independent Maritime Expeditionary Strike programme. The California-based defence manufacturer will serve as aircraft integrator, leading development of Atlas, a hybrid-electric unmanned aerial system designed for the US Navy. Atlas, developed in partnership with Whisper Aero, can carry a 1,000-pound payload over 1,400 nautical miles whilst operating from expeditionary locations without runways or from ships lacking large flight decks. The aircraft uses Whisper Aero's JetFoil technology, enabling operations from unimproved landing zones with reduced acoustic signature and improved efficiency. Founded in 2023, Mach Industries has manufactured over 250 aircraft and designed more than 1,000 solid rocket motors. The company currently operates five distinct platforms across four countries.