Ethan Thornton, the 19-year-old founder of Mach Industries, had a bold vision of replacing gunpowder munitions with hydrogen-powered weaponry for the U.S. military. Despite dropping out of MIT to pursue his dream, the company has faced numerous obstacles, including technical challenges, safety hazards, and concerns about Thornton’s leadership style. While impressive blue-chip investors like Sequoia and Bedrock initially backed the company with significant funding, a near-fatal accident during testing raised red flags among former employees.
Mach Industries is part of a new wave of defense tech companies attracting venture capital funding, with $100 billion pouring into the sector between 2018 and 2023. However, despite the promise of innovative technology, Mach has struggled to deliver on its ambitious goals. The company faced challenges in developing a mobile hydrogen generator, as well as safety issues during testing. Thornton’s leadership style, characterized by a casual approach and inappropriate humor, also contributed to a sense of chaos within the organization.
Former employees reported concerns about the company’s financial management, lack of tangible products, and risky testing practices. Thornton’s actions, such as attempting to hold down a drone during a test, raised further alarms about safety protocols within the company. Additionally, his lighthearted approach to serious matters, such as displaying a countdown to a hypothetical Taiwan invasion in the office, alienated some employees and raised questions about his judgment.
Despite these challenges, Thornton remains optimistic about Mach Industries’ future. The company has pivoted to focus on developing a drone called Viper, projected to generate revenue this year. Thornton has also relocated the company headquarters to California, positioning it near other tech hubs and defense contractors. Recent successes, such as a military test flight, have boosted confidence in Mach’s capabilities and potential for growth.
In a blog post addressing concerns raised by Forbes, Thornton acknowledged the company’s mistakes but emphasized a commitment to learning and improvement. He highlighted his dedication to national security and the support he’s received from investors and recruits. While Mach Industries continues to face obstacles, Thornton’s determination and strategic shifts indicate a willingness to adapt and pursue success in the competitive defense tech industry. With continued support from investors and a focus on innovation, the company aims to establish itself as a key player in modernizing military technology.
