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Investing.com -- Anduril Industries Inc., the fast-rising defense technology company, has secured $2.5 billion in new funding, in a move that lifts its valuation to $30.5 billion. That’s more than double the $14 billion valuation the firm received just a year ago, highlighting its rapid ascent in national security circles.
The fresh capital was led by Founders Fund, the venture firm backed by billionaire and Palantir (NASDAQ:PLTR) co-founder Peter Thiel, with a $1 billion commitment. “It was the largest check in Founders Fund history,” Trae Stephens, Anduril’s executive chairman and a partner at Founders Fund, said in an interview on Bloomberg Television.
Based in southern California, Anduril develops advanced military technology including weaponized drones and battle management software that integrates artificial intelligence. The company has also built augmented reality helmets designed for battlefield coordination and real-time decision-making.
The funding round positions Anduril as a major private-sector force in reshaping U.S. defense strategy through emerging technologies. The company has openly stated its ambition to modernize the military with AI-first systems that can operate faster and more autonomously than legacy platforms.
“The goal is a complete rethink of how we approach defense technology,” Stephens said. He emphasized Anduril’s commitment to not just building tools for the government, but “transforming the industry itself.”