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ANDURIL INDUSTRIES
Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
US defence firm Anduril raises $5 billion, doubling its valuation to $61 billionDefence tech firm Anduril Industries has secured a massive $5 billion funding, catapulting its valuation to $61 billion. This surge follows...
Crypto investor Katie Haun raises $1 billion for new funds, expands to AI agentsFormer prosecutor Katie Haun has secured $1 billion for new venture funds, focusing on crypto and blockchain companies, with a strategic bl...
Peter Thiel’s Founders Fund raises $6 billion in its largest-ever haulPeter Thiel’s Founders Fund has secured a record $6 billion for its latest growth-stage fund, primarily from external limited partners. Thi...
US Stocks|Drone maker AEVEX valued at $2.6 billion as shares rise in NYSE debutAEVEX made a striking entrance on the New York Stock Exchange, with its shares jumping 15% on debut. This significant increase points to a ...
Palo Alto Networks CEO Nikesh Arora joins General Catalyst board as cofounder David Fialkow steps downGeneral Catalyst has appointed Palo Alto Networks CEO Nikesh Arora as its first lead independent director. Arora, a prominent tech operator...
Impulse Space, Anduril building space technology for Trump's Golden Dome missile defence shieldImpulse Space is working with Anduril Industries to develop space-based interceptor prototypes for Donald Trump’s proposed “Golden Dome” mi...
Fund with stakes in SpaceX and Anthropic jumps 1,200% above asset valueThe Fundrise Innovation Fund (VCX) has seen its shares surge over 1,500% above net asset value, driven by investor demand for stakes in pre...
Anduril signs potential $20 billion contract with US ArmyThe US Army has signed an agreement with defence tech startup Anduril Industries that could be worth up to $20 billion. The enterprise cont...
Anduril aims for $8 billion fundraising: BloombergUS defence firm Anduril Industries is in talks to raise up to $8 billion in a new funding round at a valuation of at least $60 billion, acc...
Silicon Valley-backed defense firms face growing pains after hot streakFor instance, drone boat manufacturer Saronic Technologies, which is building a shipyard in Louisiana, was valued at $4 billion in February...
US, UAE arms firms to co-develop AI-powered dronesA US high-tech arms company is to design and produce AI-powered drones in the United Arab Emirates under a joint venture, the two parties s...
Taiwan shows off first missile to be jointly manufactured with US arms makerTaiwan has unveiled the Barracuda-500 missile, jointly manufactured with U.S. firm Anduril Industries, marking a significant step in defens...
Anduril secures $30.5 billion valuation in latest fund raiseThis round more than doubled the Palmer Luckey-founded company's valuation, from $14 billion last year when it raised $1.5 billion.
Meta joins Anduril to build XR products for US armed forcesMeta and Anduril Industries are collaborating to deliver integrated extended reality (XR) products for the US military, funded privately. T...
Anduril to acquire Ireland's Klas to bolster AI warfare systemsAnduril Industries will acquire Ireland-based Klas to enhance its AI-driven defense tech. The deal boosts Anduril’s autonomous systems by i...
India's big-ticket defense-tech move: Mahindra Group partners with US-based Anduril IndustriesMahindra Group has partnered with US-based Anduril Industries to develop autonomous and counter-unmanned aerial systems, including Autonomo...
Founders Fund in talks to back AI defence startup Anduril at $28 billion valuationTech billionaire Peter Thiel's Founders Fund is set to lead the round, which could be as much as $2.5 billion, according to the sources, si...
Palantir, Anduril sign partnership for AI training in defenseThe partnership will leverage Palantir's AI platform to structure, label and prepare defense data for training to deploy those models onto ...
OpenAI to partner with military defense tech companyThe partnership comes nearly a year after OpenAI did away with wording in its policies that banned use of its technology for military or wa...