Mach Industries

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Mach Industries raises $600 million to expand manufacturing capacity, extending its Series C round. The defense startup develops autonomous aircraft including Viper, a vertically launched drone developed under a U.S. Army contract, as well as long-range Glide and Pike and drone-interceptor Dart. Mach is building an in-house manufacturing system, operates a 115,000-square-foot California plant, and spent $50 million to acquire rocket motor manufacturer Exquadrum in May.

Sep 2026 · SiliconAngleNews article

Mach Industries raises $600 million in a Series C extension, doubling its valuation to $3.7 billion three months after announcing its original $300 million Series C at a $1.8 billion valuation. The company makes unmanned military vehicles and weapons, including vertical takeoff and landing drones, long-range strike systems, and counter-drone systems, and operates a 115,000-square-foot facility in Huntington Beach, California. Its Exquadrum acquisition underpins Mach Energetics, which produces solid rocket motors and energetic systems, while Mach Propulsion is developing jet-engine manufacturing.

Sep 2026 · TechCrunchNews article

Rebecca Bellan interviews Ross Fubini on TechCrunch’s Equity podcast about which defense tech startups can survive the transition from prototype contracts to production deals. Fubini, who wrote Anduril’s first check and leads XYZ Venture Capital, discusses battlefield testing, sovereign defense technology, dual-use business models, and manufacturing amid rising valuations and a proposed 40% increase in the U.S. defense budget.

Jun 2026 · TechCrunchNews article

TechCrunch Disrupt 2025 to host Ethan Thornton.

Aug 2025 · TechCrunchNews article