Reported about 2 months ago
Anduril Industries, a defense tech startup, is raising $1.5 billion to scale its weapons manufacturing, adopting a software-first approach inspired by Tesla. The company aims to enhance American military production with a new manufacturing facility called Arsenal-1, which is expected to produce thousands of advanced weapons, including drones. With a current valuation of $14 billion, Anduril is positioning itself to disrupt established defense giants and capitalize on the changing landscape of modern warfare driven by AI and autonomous systems.
Source: YAHOO