Mach Industries

Mach Industries is a defense-manufacturing company, founded in 2022 by Ethan Thornton and headquartered in Huntington Beach, California, that builds unmanned and attritable weapons alongside distributed manufacturing capacity. Its flagship product is Viper, a low-cost vertical-takeoff-and-landing 'drone-missile' designed for GPS-denied frontline use, with a unit cost reported under 100,000 dollars.

Mach raised a 100 million dollar Series B in June 2025 at a roughly 470 million dollar post-money valuation, backed by Khosla Ventures, Bedrock, Sequoia, and DCVC, followed by a 300 million dollar round in June 2026 that lifted its valuation to roughly 1.8 billion dollars, bringing total raised to about 485 million dollars.

Honest framing: Mach is primarily a hardware and munitions company, not an AI-software product — AI here is a guidance and targeting component within a physical weapon, not the core offering. The company raises a genuine lethal-autonomy concern, and the broader arms-control worry that attritable, mass-precision munitions lower the cost of using force. Much of Mach's story is manufacturing ambition; production at scale and combat effectiveness remain largely unproven.