Mach Industries Eyes Fort Worth | Texas News

Fort Worth is poised to land a major drone tech giant as Mach Industries, the startup behind the high-flying Venom strike drone and backed by $300 million in funding, eyes a $74 million facility in the Alliance area. With a potential $4.5 million in city incentives over ten years, the deal could create up to 1,000 high-paying jobs and boost local small businesses — all while positioning Fort Worth as a top aerospace hub alongside giants like Lockheed Martin and Bell. The company, founded by a teen dropout from MIT with a $1.8 billion valuation, is weighing offers nationwide but appears to be leaning toward Texas — with a final decision expected by Q3. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e94f4012c605c11c