Mach Industries wins Navy strike drone contract, closes $300M Series C
Mach Industries won a DIU contract to build the Navy's runway-independent strike aircraft while closing a $300M Series C at $1.8B valuation, signaling venture capital's bet on autonomous weapons manufacturing reaching scale.
Mach breaks the SRM duopoly with $300M and an acquisition
Mach Industries acquires solid rocket motor maker Exquadrum and raises $300M Series C, ending a 30-year two-supplier monopoly that has starved U.S. launch and defense programs of propulsion capacity.
EPA Permits First Ocean Biomass Carbon Removal Pilot Off Louisiana
The EPA issued its second-ever MPRSA permit on April 16, authorizing Carboniferous to sink 16 metric tons of crushed sugarcane stalks into the Gulf of Mexico starting September 2026, establishing a regulatory pathway for biomass-based ocean carbon removal.
EPA Issues First Indiana CCS Permit for Vault 44.01 Ethanol Partnership
Vault 44.01 and Cardinal Ethanol won EPA Class VI approval to build Indiana's first carbon capture and storage project, capturing 450,000 metric tons of CO2 annually with $60 million in capital. It signals a shift from CCS pilot phases to commercial deployment tied directly to agricultural biofuel economics.