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Defense tech darling Mach Industries hits $1.8B valuation, a 4x jump in a year
Summary
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 devel
Why It Matters
Signals increasing investor interest and capital allocation in AI startups.
Referenced Coverage & Sources
Defense tech darling Mach Industries hits $1.8B valuation, a 4x jump in a year
TechCrunch Startups•Jun 1, 2026
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