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Anduril's latest funding doubles its valuation to $61 billion
Golden Finance reports that on May 14th, Anduril Industries Inc. doubled its valuation to $61 billion in a new $5 billion funding round led by Thrive Capital and Andreessen Horowitz. CEO Brian Schimpf stated that Anduril will “aggressively” invest in capacity, R&D, and infrastructure. The company is seeing demand from the U.S. government, including a new framework agreement with the Department of Defense aimed at launching the “Low-Cost Containerized Missiles” project. (Dongxin News)