TechCrunch·4 min read·medium
Anduril reportedly in talks to raise funding at $100B valuation, more than 3x last year’s mark
R
Ram Iyer
✦AI Summary
Defense technology firm Anduril is reportedly in talks to raise funding at a $100 billion valuation, reflecting a massive surge in demand for autonomous and AI-driven military hardware. This trend highlights a shift toward cheaper, expendable 'attritable' systems in modern warfare.
Defense tech company Anduril is said to be raising a new round of capital that may push its valuation up by a whopping $40 billion to about $100 billion, Reuters reported, citing anonymous sources.
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