Mach Gets Iowa Economic Development Authority $1M Innovation Fund
Through the merger and expertise of Redshield Electronics and LSA Autonomy, Mach Acquisition, Inc. was established in West Des Moines to develop vehicle automation software and hardware for manufacturers. The self-driving systems are implemented by original equipment manufacturers for off-road autonomy in agriculture, construction and industrial applications. The company was awarded a $1 million Innovation Acceleration Expansion Fund loan for IP development and evaluation, competitive analysis, proof of concept work, product refinement, key personnel, equipment, construction and market planning and entry activities.