Anduril raises $5bn at $61bn valuation, doubling in eleven months
Thrive Capital and Andreessen Horowitz led the round on the back of $2bn+ in 2025 revenue and a $20bn Pentagon enterprise agreement signed in March. Anduril Industries has raised $5 billion in a round led by Thrive Capital and Andreessen Horowitz, doubling its valuation to $61 billion eleven months after its previous mark. The Costa […]<br /> This story continues at The Next Web [...]
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Microsoft wants to hand off much of its Army HoloLens program to Palmer Luckey’s Anduril
Microsoft’s six-year-old program to make HoloLens headsets for the US Army could be getting some extra help. If the Department of Defense approves the deal, the company will expand its existing part [...]
OpenAI awarded $200 million US defense contract for the use of its AI models
OpenAI has just launched an initiative called OpenAI For Government starting with a modest new contract. The company was awarded $200 million by the US Department of Defense (DoD) to develop "pro [...]
Anduril will lead the Army’s mixed-reality headset project with Meta as a technology partner
The US Army has awarded contracts to Anduril, Meta, and Rivet Industries to develop new mixed-reality headsets for soldiers.<br /> The article Anduril will lead the Army’s mixed-reality headse [...]
AI video startup Higgsfield is in talks to raise at a $5bn valuation
Higgsfield AI did not exist before March 2025. Fifteen months on, the video startup is in talks to raise money at a $5bn valuation, four times its worth at the start of the year. The company is seekin [...]
A rocket motor blew up at Anduril’s Mississippi test site. The defence darling says it’s routine
Anduril has become the poster child for a faster, software-speed kind of defence contractor. Last Friday, one of its rocket motors blew up on a test stand in Mississippi. The blast is a small setback [...]
Anduril and Archer unveiled an autonomous attack rotorcraft built on air taxi technology. First flight is planned for 2027.
Anduril and Archer Aviation unveiled Thunder at the Farnborough International Airshow on Sunday, a Group 5 autonomous attack rotorcraft built on a jointly developed dual-use platform. The aircraft is [...]
Cambridge Aerospace is in talks to raise $300M at a $3.5bn valuation, almost nine times its worth a year ago
Cambridge Aerospace, a British defence-technology startup building systems to shoot down drones and cruise missiles, is in talks to raise around $300M at a valuation of about $3.5bn, according to a Bl [...]