defense technology

Mach Industries, a defense technology startup specializing in unmanned military vehicles and weapons, has raised an additional $600 million, doubling its valuation to $3.7 billion within three months. The company focuses on cost-effective, integrated defense systems and recently expanded into solid rocket motors through acquisition.

Defense technology startup Mach Industries has secured $600 million in a Series C extension, doubling its valuation to $3.7 billion within three months. The company specializes in unmanned military vehicles and counter-drone systems, aiming to offer integrated solutions at lower costs than traditional defense contractors.