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Mach Industries Buys Exquadrum to Secure a Scarce Rocket Motor Supply
Mach Industries has acquired solid rocket motor startup Exquadrum in a $50 million cash-and-equity deal, aiming to control a supply bottleneck that has become more acute across the defense sector.
Key Takeaways
- Mach Industries acquired Exquadrum in a $50 million cash-and-equity deal.
- The purchase gives Mach direct control over scarce solid rocket motor production capability.
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DT Editorial Team··via techcrunch.com