A new, well-funded defense technology upstart Mach Industries, founded by a teenager, has moved its base of operations to Orange County, the Business Journal has learned.
Defense technology company Anduril Industries’ valuation could soon be elevated from unicorn to decacorn status a word used to describe a privately held startup that has a valuation of more than $10 billion.
Costa Mesa-based Anduril Industries is part of a team that includes defense heavyweights American Rheinmetall Vehicles and Raytheon Technologies that’s moved a step closer to creating the U.S. Army’s tank of the future.