anduril

Anduril moves ahead in Pentagon program to develop unmanned fighter jets

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 unmanned fighter jet

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, wher

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

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-p

Venture capital is opening the gates for defense tech

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

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

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

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

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 te

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

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 h

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

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 York-ba

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

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

VC fundraising gets weird as autumn nears

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 down, it's also getting weird.

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

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, capital-intensive bets

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

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 wa

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

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

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

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 Union during t

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

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 April, reports sugg

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

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 backed 22 startup

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

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 was tapped by Del

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

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

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

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 young defense-friendl

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

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,
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