Technology • techcrunch.com • Jun 01, 2026 21:40

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 vehicles in development and completed a major acquisition.

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Defense tech darling Mach Industries hits $1.8B valuation, a 4x jump in a year

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