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Mach Raises $300M at $1.8B Valuation - Orange County Business Journal
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Mach Raises $300M at $1.8B Valuation - Orange County Business Journal
Defense company Mach Industries is stepping up production and strengthening ties with the Pentagon, boosted by a $300 million cash infusion that’s raised the company’s valuation to $1.8 billion. The Huntington Beach-based company, led by 22-year-old Ethan Thornton, calls itself “America’s newest defense unicorn” – signifying a startup worth more than $1 billion. “We work closely with our government partners and are grateful for the opportunity t…
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