Led by Anduril, defense tech funding sets a new record this year

[ad_1] Defense tech funding just reached a new high. Defense tech startups have raised almost $3 billion so far in 2024, according to Crunchbase. This surpassed the previous record from 2022 of $2.6 billion.  It’s an impressive feat, especially considering the number of deals has shrunk: in 2022, there were 113 defense tech rounds, outpacing … Read more

Anduril is considering Arizona, Ohio, or Texas for its massive manufacturing facility, source says

[ad_1] Anduril, the defense tech company co-founded by Palmer Luckey, is considering building its first major manufacturing plant, a 5-million-square-foot facility known as “Arsenal-1,” in Arizona, Ohio, or Texas, according to someone familiar with the matter.  The company, which is developing autonomous drones, planes, and submarines, had announced $1.5 billion at a $14 billion post-money … Read more

Anduril speeds up launch of defense payloads by buying Apex satellite buses off the shelf

[ad_1] Anduril is expanding even further into the “ultimate high ground.”  The company, which is best known for AI-powered defense products that span air, land and sea, is partnering with satellite bus manufacturing startup Apex Space to rapidly deploy payloads on orbit for the U.S. Department of Defense.  It is a rare instance of the … Read more

Palmer Luckey back in the headset biz, as Anduril partners with Microsoft on U.S. military system

[ad_1] Palmer Luckey, the Hawaiian-shirt wearing founder who sold Oculus VR for $2 billion before co-founding the military tech company Anduril, is back in the headset business.  Anduril has teamed up with Microsoft to embed its software into the Integrated Visual Augmentation System headset developed by Microsoft for the U.S. military in 2021.  According to … Read more

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