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ANDURIL TECHNOLOGIES
As Europe rearms, 'wingman' aircraft take centre stageEurope and the United States are developing advanced AI-powered drones. These unmanned aircraft, known as wingman drones, will fly alongsid...
Four Indians feature in Forbes’ top 50 most successful immigrants in AmericaFour Indian-born business leaders, including Vinod Khosla and Naval Ravikant, have been recognized in Forbes' "America's Most Successful Im...
Meet Vibhav Altekar, the Indian-origin engineer behind the drone boat that pulled off a first-of-its-kind US military rescueA remarkable rescue operation near the Strait of Hormuz saw an autonomous vessel, Corsair, play a vital role. Developed by Saronic Technolo...
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...
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...
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 says AI startup sees good 'vibes' from new Trump PentagonAnduril President Christian Brose praised the Trump administration's willingness to shake up defence and support new approaches, particular...
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...
Anduril takes over Microsoft's $22 billion US Army headset programAnduril will oversee production, hardware and software development, and delivery timelines for the Integrated Visual Augmentation System (I...
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...