Reported about 13 hours ago
Anduril Industries, a defense tech startup, is negotiating to boost its valuation to over $28 billion through a new funding round seeking $2.5 billion. This potential deal marks a significant financial uptrend for the company, which secured $1.5 billion just months ago. Led by Founders Fund, with investments aimed at enhancing defense technology, Anduril is also planning a $1 billion factory in Ohio for its autonomous weapons systems.
Source: YAHOO