Mach Industries Acquires Exquadrum, Creating Mach Energetics

Overview

• Mach Industries completed the purchase of Exquadrum and folded it into a new division called Mach Energetics.
• TechCrunch reports the cash-and-equity deal was valued at about $50 million, with all 85 Exquadrum employees joining and the combined company now at roughly 350 staff.
• The acquisition brings solid rocket motor design and testing in-house, giving Mach direct control over a key driver of unmanned system performance.
• Operations now include Exquadrum’s 70,000-square-foot Victorville facility and the nearby FORGE rocket test site to boost output and shorten test cycles.
• Mach frames the move as a fix for the national solid rocket motor shortage dominated by Aerojet Rocketdyne and Northrop Grumman, and it plans to sell motors, subsystems, and test services to other defense firms.