Browsing: Defense Contract

Mach Industries, a defense tech startup founded by 21-year-old Ethan Thornton, has secured a $75 million Pentagon contract for its AI-powered military supply chain solutions. The company’s innovative approach to logistics management has attracted significant investor interest, with a recent $30 million Series B funding round led by Rebound Capital and Space Ventures. This development signals a shift in the defense sector as the Pentagon increasingly embraces AI-driven technologies from non-traditional contractors.

Mach Industries, a defense tech startup founded by 21-year-old Ethan Thornton, has secured a $75 million Pentagon contract for its AI-powered military supply chain solutions. The company’s innovative approach to logistics management has attracted significant investor interest, with a recent $30 million Series B funding round led by Rebound Capital and Space Ventures. This development signals a shift in the defense sector as the Pentagon increasingly embraces AI-driven technologies from non-traditional contractors.