Mach Industries acquires Exquadrum for propulsion and energetics capabilities
Mach Industries acquired Exquadrum for $50M cash-and-equity, adding solid rocket motors and energetics as Mach Energetics.
Evidence notes
- Mach Industries acquired Exquadrum to expand its ability to design, manufacture, test, and iterate next-generation unmanned systems.
- Exquadrum adds solid rocket motor propulsion, launch capabilities, divert and attitude control systems, munitions, testing, and technical services.
- TechCrunch reported the deal as a $50 million cash-and-equity acquisition and said Exquadrum was folded into Mach as Mach Energetics.
Company context
Mach Industries develops and manufactures unmanned defense systems, propulsion, munitions, and distributed production infrastructure for U.S. and allied defense customers. Its portfolio includes Viper, Glide, Stratos, Pike, Dart, Forge manufacturing infrastructure, and energetics capabilities for unmanned warfare.