Ethan Thornton

Mach Industries

MIT dropout building Mach Industries, the defense-tech startup turning hydrogen-powered weapons and cheap VTOL cruise missiles into Army contracts.

Price

$33.70

▼-94.98%today

Last raised$100M·Round·May 2026

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Volume 24h

$1.6M

Holders

1,564

7d change

-94.99%

News

·112

+0.36

Mach Industries Acquires Exquadrum to Expand Propulsion And Energetics Capabilities - Pulse 2.0

Pulse 2.0 · 5d ago

Mach Industries Snaps Up Rocket Motor-Maker Exquadrum - Tectonic Defense

Tectonic Defense · 5d ago

Recent trades

·0

No recent trades.

Career

2023–present
Founder & CEO · Mach Industries
Building hydrogen-powered weaponry; raised $100M from Sequoia and Khosla.
2022–2023
Student · MIT
Studied at MIT before dropping out at 19 to build Mach.

About

Ethan Thornton is the founder and CEO of Mach Industries, a defense-tech company building hydrogen-powered weapons and low-cost VTOL cruise missiles for the U.S. military. He dropped out of MIT at 19 after a hydrogen lab explosion convinced him America needed cheaper, faster munitions, and turned that bet into Sequoia Capital's first defense investment. Mach has since raised over $185M from Sequoia, Khosla, and Bedrock and is operating a 115,000-square-foot factory in Huntington Beach. The company has landed U.S. Army contracts and is scaling production of frontline-ready systems. Thornton is one of the most-watched young founders in the new American industrial wave.

Accomplishments

Founded Mach Industries in 2023 after dropping out of MIT at 19
Became Sequoia Capital's first defense-tech investment
Raised $185M+ across seed, Series A, and $100M round co-led by Khosla and Bedrock
Won U.S. Army contract for hydrogen-powered munitions and VTOL cruise missiles
Stood up a 115,000-sqft Huntington Beach factory before turning 22

Pricing breakdown

Accomplishments18 · 35%

Funding · $0.00 raised

Mainstream popularity45 · 25%

Social popularity41 · 25%

X · 13.6K followers · 0.0 tweets/day · verified

Net worth45 · 15%

Composite

35/100

Intrinsic

$33.70

Market

+0.00%

Intrinsic price is set by the four-factor fundamentals score (35/25/25/15). Market price floats around it via a constant-product AMM — every trade moves the curve.