Huntington Beach Defense-Tech Startup Raises $300M Series C at $1.8B Valuation
A defense-tech startup in Huntington Beach, run by a 22-year-old MIT dropout, has secured a $300 million Series C investment at an impressive $1.8 billion valuation, nearly four times its June 2025 mark. Mach Industries, the three-year-old company founded and led by Ethan Thornton, has raised a significant amount of capital to fuel its growth.
This achievement is a testament to the startup’s innovative approach and market potential in the defense sector. The funding will undoubtedly accelerate their development and expansion plans.
Read the full story at The Next Web.