ANDURIL INDUSTRIES INC

Weapons Startup Anduril Hits $14 Billion Valuation in New Funding Round

Weapons Startup Anduril Hits $14 Billion Valuation in New Funding Round

Defense technology startup Anduril Industries Inc. has raised $1.5 billion in a new funding round and plans to spend hundreds of millions on a new facility to manufacture its rockets, underwater vehicles and other autonomous weapons systems at greater scale and speed.The deal, which values Anduril at $14 billion, is one of the largest venture capital financings of the year so far, and reflects the company’s success getting government contracts, as well as rising investor enthusiasm for defense technology companies. Source link lol
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