Mach Industries
Top 100
Illustrative curve — no price history on file for this company.
Funding
Raised a $300M round on Jun 1, 2026, bringing the total raised amount to $485M.
Returns Calculator
A $10,000 investment at Series A round (2023) would today be worth:
$53,731
5.4×the original amount
Illustrative · based on reported post-money valuations
Hiring Signal
Based on public job postings · updated monthly
Latest news
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About Mach Industries
Mach Industries is a defense technology company that designs and manufactures asymmetric aerospace and weapons systems at scale, including autonomous drones, missiles, gliders, interceptors and hydrogen-power generation for frontline forces. Founded in 2023 by MIT dropout Ethan Thornton, it operates out of Huntington Beach, California, and builds systems such as Viper, Glide, Stratos and Dart. In June 2026 it raised a $300M Series C at a $1.8B valuation, roughly quadrupling its worth in a year.
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Founders
Ethan Thornton
Founder & CEO
Founder and CEO of Mach Industries. He dropped out of MIT at 19 to pursue hydrogen-powered defense systems after a hydrogen experiment convinced him gunpowder could be replaced, and now leads the company as its 22-year-old chief executive building autonomous weapons and aerospace systems.
Ashton Bennett
Co-founder & Founding Engineer
Co-founder and founding engineer of Mach Industries. A former MIT aerospace engineering student and MIT football teammate of Ethan Thornton, he joined in 2022 ahead of the company's 2023 incorporation and helped establish its first workshop in Cambridge, Massachusetts.