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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…

Government & PolicyVentureandurildefense techEquity Videogovernment contractsPalantirross fubiniventure capitalXYZ Venture Capital
TechCrunch Jun 3, 2026, 20:51 UTC
EN

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…

FundraisingStartupsTCTransportationautonomous vehiclesdefense techmach industries
TechCrunch Jun 1, 2026, 21:40 UTC

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