All articles tagged with #anduril
Anduril Industries landed a $20 billion U.S. Army contract to consolidate and deploy its commercial-defense AI via the Lattice platform, a 10-year program through 2036. The award is viewed as a positive read-through for Palantir, given their strategic edge-to-cloud collaboration, signaling potential fielding and revenue momentum for the defense AI ecosystem as orders under the umbrella are issued.
The March 13, 2026 contracts release from the U.S. Department of Defense details a wide array of awards across the Army, Navy, Air Force, and support agencies, led by a $20 billion firm-fixed-price contract to Anduril Industries to consolidate AI-enabled Lattice capabilities into Army operations. The package also includes multiple $249.5 million order-dependent architect-engineering design contracts across Army regional offices, plus additional awards for Boeing, Kongsberg, Raytheon and others covering logistics, missile systems, shipyard work, and enterprise design services.
TechCrunch cites Verge’s take on ModRetro’s Game Boy-style handheld, reportedly one of the best retro devices, while noting ties to Palmer Luckey’s defense firm Anduril. ModRetro is seeking funding at a $1 billion valuation, and Anduril is said to be in talks for a new round that could value the company around $60 billion.
At the Singapore Air Show, General Atomics and Anduril signaled that the Navy’s Collaborative Combat Aircraft program could reuse Fury-era components and design concepts to deliver a carrier-capable unmanned platform, with multiple contractors developing concepts and a common-control system while the Navy refines its operating concept for carrier-based CCAs.
The site will no longer cover ModRetro products due to their recent association with Anduril Industries, a defense contractor linked to arms manufacturing, which the authors find morally unacceptable, marking a significant shift in their coverage policy.
Anduril's prototype drone, YFQ-44A, achieved its first flight as part of the Air Force's Collaborative Combat Aircraft program, marking a significant step in developing autonomous drone wingmen to operate alongside fighter aircraft, with further testing and integration planned for 2026.
Anduril's YFQ-44A collaborative combat aircraft conducted its first flight test in California, marking a significant step in the U.S. Air Force's initiative to develop AI-driven, semi-autonomous drone wingmen to operate alongside manned fighters, with the goal of enhancing combat capabilities and extending the reach of the fighter fleet.
Anduril, founded by Palmer Luckey, has launched EagleEye, an AI-powered mixed-reality system integrated into military helmets, developed in partnership with Meta, aiming to enhance soldiers' capabilities with features like heads-up displays, spatial audio, and drone control.
Palantir Technologies and Anduril have dismissed reports claiming security flaws in their systems as inaccurate, defending their security measures against the allegations.
Palantir and Anduril dismissed recent reports of security flaws in their battlefield communication systems, asserting issues have been addressed and the reports are outdated, leading to a temporary 7.5% drop in Palantir's stock.
The US Army awarded contracts to Anduril-META and Rivet to develop new combat goggles, building on previous programs like IVAS, with Rivet's contract valued at $195 million and Anduril's at $159 million. These systems aim to enhance soldier battlefield navigation through advanced mixed reality technology, incorporating lessons from earlier projects and involving major tech companies like Meta, which has recently expanded its role in military applications. The initiative reflects a broader push for faster, more innovative defense technology development.
Anduril, a defense tech company specializing in autonomous drones and AI technologies, raised $2.5 billion in a funding round led by Peter Thiel’s Founders Fund, boosting its valuation to $30.5 billion. This makes it one of the most valuable private companies globally and nearing the market value of established defense giants like Northrop Grumman. The company has secured significant military contracts and is expanding its manufacturing and product development, signaling a shift in the defense industry driven by venture capital and technological innovation.
Anduril, a defense technology startup led by Palmer Luckey, has raised $2.5 billion at a $30.5 billion valuation, nearly doubling its revenue to $1 billion in 2024 and securing around $1.5 billion in contracts, reflecting increased investor interest in defense tech and positioning the company as a major player in the sector.
Anduril Industries raised $2.5 billion in a funding round, boosting its valuation to $30.5 billion, with significant investment from Founders Fund, reflecting its growing prominence in autonomous defense solutions.
Anduril raised $2.5 billion in a Series G funding round led by Founders Fund, doubling its valuation to $30.5 billion, driven by doubled revenue and a major U.S. Army contract for AR/VR headsets, making it the largest investment Founders Fund has ever made.