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DISPATCH 03/26 · 25 Jul 2026
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Company Dossier

Mach Industries

Mach Industries builds hydrogen-powered unmanned strike systems, ISR platforms, and propulsion hardware for U.S. military customers from its Huntington Beach, CA facility.

FILE · mach-industriesOpen-source file · BattlePolicy ProStatus PrivateVerified
Mach Industries
Energetics/MunitionsUSPrivate
Mach Industries builds hydrogen-powered unmanned strike systems, ISR platforms, and propulsion hardware for U.S. military customers from its Huntington Beach, CA facility.
Founded
2023
HQ
Huntington Beach, CA
Headcount
~1102024 figure, likely higher
Total raised
~$479M
Valuation
$1.8BJun 2026
Stage
Series C

Background

Mach Industries was founded in 2023 by Ethan Thornton (CEO) and Ashton Bennett in Huntington Beach, California.

The company emerged with an explicit focus on hydrogen propulsion as a differentiator in the crowded uncrewed-systems market, pitching endurance and energy-density advantages over conventional jet-fuel platforms.

Its product line spans three named systems: Viper, a VTOL cruise missile developed under a U.S. Army Applications Laboratory contract; Glide, a high-altitude long-range strike glider designed for low-signature delivery; and Stratos, a persistent high-altitude ISR and communications platform the company describes as an in-air satellite.

Mach also produces reconnaissance balloons, hydrogen-powered guns, and subsystems including radios, avionics, embedded computing, and energy storage.

Mach goes to market directly through U.S. military contract vehicles and the Defense Innovation Unit, and manufactures through a decentralized domestic factory network it calls Forge.

Headcount stood at roughly 110 employees as of a 2024 profile; the figure has likely grown given two major funding rounds since then.

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