Tag

Anduril

All articles tagged with #anduril

defense4 months ago

U.S. Army Awards Contracts to Anduril and Rivet for Next-Gen Combat Goggles

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.

defense-and-technology7 months ago

Anduril's Valuation Surpasses $30 Billion in Major Funding Round

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.

technology1 year ago

Archer and Anduril Partner to Develop Hybrid Military Aircraft with $430M Boost

Archer Aviation has raised $430 million to develop defense-focused VTOL aircraft in partnership with Anduril, a defense tech company known for its AI-powered systems. The collaboration aims to create a hybrid gas-and-electric VTOL aircraft for military applications, leveraging Anduril's software capabilities. Archer plans to produce these aircraft at its Georgia factory, with prototypes expected by 2025. This move aligns with rising defense tech investments amid geopolitical tensions and aims to secure a significant Department of Defense contract.

business1 year ago

Tech Giants Palantir and OpenAI Join Forces with Anduril for Military AI Innovations

Palantir and Anduril Industries have partnered to enhance AI adoption in the U.S. military by integrating Anduril's Lattice software with Palantir's platform to manage defense data. This collaboration aims to strengthen national security through advanced AI infrastructure. Palantir's stock has surged over 120% recently, driven by significant contracts and partnerships, including a $480 million deal for its Maven Smart System and FedRAMP High Authorization. Despite these gains, Wall Street analysts have a Hold consensus on Palantir, with a price target suggesting a potential downside.