Defence tech start-up Anduril doubles valuation to over $60bn

Peter Thiel-backed company raises $5bn as the US administration turns to smaller players for latest military kit

Anduril doubles valuation to over $60 billion as defense tech funding boom continues

The company is working on space-based interceptors for Trump's $185 billion Golden Dome defense system

This White House darling just became the 12th-most valuable private company. An IPO will be coming.

Defense contractor Anduril, which is helping build President Trump’s “Golden Dome” antimissile shield, completed a funding round at a $61 billion valuation.

By Hannah Pedone

4 things Anduril's CEO told investors about the future of war ahead of raising $5 billion

Brian Schimpf, CEO of the defense tech startup Anduril. Bloomberg/Getty Images Anduril has raised $5 billion in its latest funding round, doubling its valuation to $61 billion. CEO Brian Schimpf shared the letter he sent to investors in January about the changing nature of conflict. Schimpf said that future wars will be defined by software-enabled forces, and deep-sea warfare will play a big role. Anduril has raised $5 billion and doubled its value to $61 billion, the defense tech company s...

US defense firm Anduril raises $5 billion, doubling its valuation to $61 billion