Mach Industries, a burgeoning player in the defense manufacturing sector, has successfully closed a Series B funding round, raising $100 million. This significant investment aims to accelerate the development and deployment of advanced unmanned systems for U.S. defense, as stated in a recent press release.
The funding round was spearheaded by prominent venture capital firms Khosla Ventures and Bedrock. Additional participation came from Sequoia Capital and other existing investors. According to the company, this capital infusion will be directed towards expanding its flagship manufacturing facility, Forge Huntington, scaling its tactical engine division known as Mach Propulsion, and furthering the rollout of its unmanned defense systems, including Viper, Glide, and Stratos.
Ethan Thornton, founder and CEO of Mach Industries, emphasized the company’s commitment to strengthening national readiness and preserving America’s strategic advantage. He mentioned that global security hinges on the nation’s capacity to develop asymmetric unmanned capabilities, which necessitates increased production, new facility construction, and the deployment of systems that deter conflict.
Mach Industries, established in 2023 and headquartered in Huntington Beach, California, is focused on building advanced unmanned systems and the necessary manufacturing infrastructure to produce them at scale. The company reportedly works with various branches of the U.S. Department of Defense, including the Army, Air Force, and U.S. Special Operations Command, as well as allied governments.
A representative from Bedrock, Ben Kany, commented on the company’s vertically integrated and distributed model, asserting that it aligns with the evolving requirements of modern defense. Furthermore, Keith Rabois of Khosla Ventures highlighted Mach’s innovative approach to delivering tactical unmanned capabilities, noting that their model is specifically designed for the realities of contemporary conflicts.
This latest funding round follows a series of recent achievements for Mach Industries, including various industry partnerships, new contracts, and the establishment of its Forge Huntington factory and Mach Propulsion division. The company’s distributed manufacturing strategy is designed to foster rapid iteration and operational resilience, ensuring that the U.S. and its allies can quickly field next-generation systems when and where they are most needed.
