anduril

The Palmer Luckey-founded defense startup wants to become a serious rival to longstanding kingpins, and has been clocking some big wins.

Anduril raises $1.5B at a $14B valuation

Anduril Industries has taken another step forward in its quest to become the next great American prime, this time by beating out major defense companies to develop and test small…

Anduril moves ahead in Pentagon program to develop unmanned fighter jets

Featured Article

VC Trae Stephens says he has a bunker (and much more) in talk about Founders Fund and Anduril

Last night, for an evening hosted by StrictlyVC, this editor sat down with Trae Stephens, a former government intelligence analyst turned early Palantir employee turned investor at Founders Fund, where Stephens has co-founded two companies of his own. One of these is Anduril, the buzzy defense tech company that is…

VC Trae Stephens says he has a bunker (and much more) in talk about Founders Fund and Anduril

Leading defense tech startup Anduril has developed a new product designed to take on the proliferation of low-cost, high-powered aerial threats. The product is called Roadrunner, a modular, twin-jet-powered autonomous…

Anduril unveils Roadrunner, ‘a fighter jet weapon that lands like a Falcon 9’

Anduril is symbolic of a trend in which defense tech and venture capital dollars are no longer antithetic.

Venture capital is opening the gates for defense tech

Venture-backed defense giant Anduril Industries is acquiring Blue Force Technologies, the advanced design and engineering firm behind the “Fury” unmanned fighter jet, as the company looks to build out its…

Anduril acquires Blue Force Technologies, the company behind the Fury unmanned fighter jet

Defense technology company Anduril Industries has acquired Adranos, a startup that manufactures solid rocket motors for in-space and terrestrial applications. The two companies did not disclose the terms of the…

Anduril’s teeing up to take larger defense market share with latest acquisition

Five years ago, Google backed away from a Pentagon government contract because thousands of employees protested that its tech might be used for lethal drone targeting. Today, however, Silicon Valley…

When the government is the customer (some things to keep in mind)

Private investment in the space economy dropped by 58% in 2022 compared to the year prior, with macroeconomic headwinds battering private and public markets, according to new analysis from New…

Private investment in space dropped 58% last year, even with SpaceX, Anduril monster raises

Enterprise startups are increasingly turning their attention to landing the federal government as a customer — and VCs are all-in.

Startups and VCs are increasingly embracing the federal government. Here’s why

The first half of 2022 broke fundraising records at VC firms, but everyone we spoke to expected fundraising to slow by the end of the year. While it is slowing…

VC fundraising gets weird as autumn nears

In a time when most VCs are acting more cautiously and placing focus on companies with a quick path to profitability, Countdown Capital is instead going all in on hard-to-build,…

Countdown Capital raises $15 million to back the next industrial revolution

Technology built to improve state resilience — be it in the form of cybersecurity, energy independence, national defense or something else entirely — has come into stronger focus in the…

Anduril is raising up to $1.2B, sources say at a $7B pre-money valuation, for its defense tech

137 Ventures, a 10-year-old, San Francisco-based firm that offers loans to founders, executives, early employees and other large shareholders of private, high-growth tech companies in exchange for the option to…

137 Ventures, which provides loans to private company shareholders, just raised a new fund

Silicon Valley was once one of the most productive regions in the country for the defense industry, churning out chips and technologies that helped the United States overtake the Soviet…

With more cash and a launch, Vannevar Labs is reconnecting Silicon Valley to its defense industry roots

The AI-powered defense company founded by tech iconoclast Palmer Luckey has landed a $450 million round of investment that values the startup at $4.6 billion just four years in. In…

Anduril raises $450M as the defense tech company’s valuation soars to $4.6B

You might not know of XYZ Venture Capital, a four-year-old, San Francisco-based seed-stage venture firm, but many veterans of Palantir are surely aware of it. XYZ says it has already…

This VC introduced Palantir’s first business hire to its earliest engineer, then his business took off

From a young age, Will Bruey, the co-founder and chief executive of Varda Space Industries, was fascinated with space and running his own business. So when the former SpaceX engineer…

Space manufacturing startup Varda, incubated at Founders Fund, emerges with $9 million in funding

Palmer Luckey’s young defense company has been selected by the Air Force for work on a cutting-edge, multibillion-dollar nervous system for war. Luckey announced on his Twitter account Thursday that…

Anduril among companies tapped to build the Air Force’s ‘internet of things’ for war

The company building the virtual border wall has a new version of its stealthy fast-flying drones — and a fresh contract with Customs and Border Protection to match. Anduril, a…

Anduril launches a smarter drone and picks up more money to build a virtual border wall

Few organizations have the complex data and analytics problems that challenge the defense and intelligence communities every single day. Whether it is managing petabytes of text, audio, or video data,…

Vannevar Labs comes out of stealth to bring best-in-class AI tech to national security agencies

As I wrote for TechCrunch recently, immigration is not an issue always associated with tech — not even when thinking about the ethics of technology, as I do here. So…

Inside the history of Silicon Valley labor, with Louis Hyman

Palmer Luckey’s defense project just crawled out of stealth mode. Between a flattering new Wired piece and its first few official tweets, the secretive year-old company known as Anduril is…

Palmer Luckey’s defense company Anduril is already leading to arrests at the southern border

Palmer Luckey’s new defense startup Anduril has aspirations well beyond a high-tech border wall. According to new information on the company’s website and its hires, Anduril intends to apply its…

Palmer Luckey’s new defense company Anduril looks interested in AR and VR on the battlefield

After being ousted from the VR empire he built, Oculus founder Palmer Luckey is wasting no time on his next project: building the wall. As CNN reports, Luckey’s newfound interest…

Border wall bill draws on Palmer Luckey’s new defense company