Anduril Industries Secures $1.5 Billion to Revolutionize Defense Manufacturing
The defense tech startup aims to produce tens of thousands of autonomous weapons annually with its new Arsenal-1 factory.
- Anduril's valuation has surged to $14 billion following the latest funding round.
- The company plans to establish Arsenal-1, a 5 million-square-foot factory for mass-producing autonomous military systems.
- Founders Fund and Sands Capital co-led the Series F round, with participation from Fidelity Management and Baillie Gifford.
- Anduril has won significant contracts, including one for the US Air Force's Collaborative Combat Aircraft program.
- The startup's approach draws inspiration from Tesla and aims to disrupt traditional defense manufacturing.