Skip to main content

Defense tech start-up Anduril Industries raises $1.5 billion, now valued at $14 billion

·1 min

Image

Anduril Raises $1.5 Billion Funding #

Defense technology company Anduril Industries has completed a $1.5 billion Series F funding round, which values the company at $14 billion. The funding will be used for various purposes, including the development of a new manufacturing platform and facility capable of producing a large number of autonomous military systems annually. The investment comes as AI-powered and unmanned tools of war gain popularity among modern militaries. Anduril aims to disrupt traditional defense contractors by independently developing and selling its products.