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description: Mach Industries has acquired solid rocket motor startup Exquadrum for $50 million in a cash-and-equity deal, rebranding it as Mach Energetics. The move gives...
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# Mach Industries just spent $50M to solve a major defense tech problem

**[TechCrunch](https://daily.dev/sources/tc)** · 4 min read · 0 upvotes · 0 comments

## Summary

Mach Industries has acquired solid rocket motor startup Exquadrum for $50 million in a cash-and-equity deal, rebranding it as Mach Energetics. The move gives Mach direct control over a critical and constrained component in modern unmanned systems, addressing a supply bottleneck that has plagued the defense industry due to decades of consolidation leaving the domestic SRM market dominated by Aerojet Rocketdyne and Northrop Grumman. All 85 Exquadrum employees join Mach, along with its IP and a 70,000-square-foot facility in Victorville, California. Mach Energetics will also sell components and testing services to other defense firms, positioning Mach as potential infrastructure for the broader defense tech ecosystem. The company, which has raised nearly $200 million total, has five vehicle programs in development and plans to enter production on at least three this year.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/05/19/mach-industries-just-spent-50m-to-solve-a-major-defense-tech-problem>

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