Mach Industries Stock
| Valuation | $3.7B1 |
| Valuation Date | Sep 10, 2026 |
| Implied Valuation | $3.54B |
| Last Price | $5.69 |
| 52-Week High | $6.05 |
| 52-Week Low | $1.53 |
| YTD Return | +260.13% |
| 1-Year Return | +271.90% |
| 3-Year Return | n/a |
| Total Funding | $1.09B1, 2 |
| Latest Round Amount | $600M1 |
| Latest Round | Series C ext. |
| Funding Rounds | 5 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About Mach Industries
Mach Industries is a defense technology company that designs and manufactures low-cost autonomous aircraft, munitions and propulsion systems for the U.S. military and its allies. Its lineup includes Viper, a turbojet vertical-takeoff attack drone, along with the Glide and Pike strike munitions, the Stratos high-altitude pseudo-satellite and the Dart counter-drone interceptor. The company operates a flexible manufacturing network called Forge and a propulsion division, Mach Energetics, that produces solid rocket motors and runs energetics testing. Mach Industries makes money by selling these systems and winning development and production contracts from U.S. defense customers such as the Army and the Defense Innovation Unit. It was founded in 2023 by Ethan Thornton, a Thiel Fellow who dropped out of MIT to start the company, which is headquartered in Huntington Beach, California.
Invest in Mach Industries
Mach Industries is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Clarity (formerly Hiive).
Clarity is a secondary marketplace where accredited investors can buy and sell shares of private, pre-IPO companies. Invest in the world's most exciting startups before they go public.
Invest on ClarityStock Analysis may be compensated for user sign-ups through Clarity links. Clarity is not affiliated with Stock Analysis. Securities offered by Clarity Capital Limited, member of FINRA/SIPC.
Related Companies
News
Defense tech Mach Industries doubles valuation to $3.7B in 3 months
Mach Industries raised a $600 million Series C extension at a $3.7 billion valuation, following a $300 million Series C at $1.8 billion in June 2026.
Mach Industries Raises Additional $600 Million to Scale Defense Manufacturing
Mach Industries announced a $600 million continuation of its Series C financing, lifting its valuation to $3.7 billion. The round again included Ribbit Capital, Infinite Capital, Bedrock Capital and S...
Mach Industries Awarded DIU Contract for Runway Independent Maritime Expeditionary Strike Capability
The Defense Innovation Unit awarded Mach Industries a contract under its RIMES program to develop Atlas, a hybrid-electric, runway-independent strike aircraft. Mach serves as the aircraft integrator i...
Defense tech darling Mach Industries hits $1.8B valuation, a 4x jump in a year
Mach Industries raised a $300 million Series C led by Infinite Capital and Ribbit Capital at a $1.8 billion valuation, nearly quadrupling its value in a year. Founder and CEO Ethan Thornton said the r...
Mach Industries just spent $50M to solve a major defense tech problem
Mach Industries acquired solid rocket motor maker Exquadrum in a $50 million cash-and-equity deal, rebranding it Mach Energetics. The purchase gives Mach in-house control of propulsion and energetics ...
Mach Industries Selects Nominal to Run Test Infrastructure for Its Next-Generation Strike and Surveillance Systems
Mach Industries selected Nominal as its engineering, test and operations data infrastructure, spanning flight test through high-rate production at its Forge facility. The platform helps Mach ingest an...
Two-year-old defense tech Mach Industries confirms $100M raise led by Khosla, Bedrock
Mach Industries closed a $100 million Series B at a $470 million valuation, co-led by Khosla Ventures and Bedrock Capital with participation from Sequoia. The funding brought the startup's total raise...
Mach Industries, founded by 21-year-old Ethan Thornton, lands US Army contract, builds weapons factory
Mach Industries landed an Army Applications Laboratory contract to develop Viper, a vertical-takeoff cruise missile, and detailed plans for a 115,000-square-foot factory in Huntington Beach. The compa...
Defense startup Mach Industries closes $79M Series A at $335M valuation
Mach Industries closed a $79 million Series A led by Bedrock Capital at a $335 million post-money valuation. The round came scarcely four months after the company's $5.7 million seed round.
EXCLUSIVE: Sequoia makes first defense tech investment in Mach Industries
Mach Industries raised a $5.7 million seed round led by Sequoia Capital, the venture firm's first-ever defense tech investment. The then Austin-based startup said it would use the funds for product de...