Anduril raises $1.5 billion for autonomous weapons production

ft.com

US defense tech start-up Anduril Industries has raised $1.5 billion, reaching a valuation of $14 billion, to enhance the production of autonomous weapons for the US military and allies. Co-led by Peter Thiel’s Founders Fund, the funding will support new manufacturing facilities, including Arsenal-1. Venture investment in defense tech doubled to $33 billion from 2019 to 2023, driven by increased demand amid global conflicts.


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Anduril raises $1.5 billion for autonomous weapons production | News Minimalist