Ethan Thornton is trying to do everything all at once
Mach's approach differs sharply from some of its peers.
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Defense tech is flooded with money, but who’s built to last?
Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, an…
Defense tech darling Mach Industries hits $1.8B valuation, a 4x jump in a year
In a wild ride for 22-year-old founder and CEO Ethan Thornton, Mach Industries has raised another $300 million. It already has five autonomous vehicle…
Mach Industries just spent $50M to solve a major defense tech problem
Mach says the acquisition meaningfully improves unit economics across its five vehicle programs at exactly the moment the company is starting to scale…
Anduril raises $5B, doubles valuation to $61B
After achieving $2.2 billion in revenue in 2025, the defense tech startup has raised another massive round, led by Thrive and a16z, it says.