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Anduril CEO Palmer Luckey Confirms IPO Plans To Compete For Trillion-Dollar Defense Contracts: 'We Are Definitely Going To Be A Publicly Traded...'
Wednesday, June 11, 2025 - 3:58am | 505Defense tech giant Anduril Industries will pursue a public offering, as CEO Palmer Luckey confirmed the company’s initial public offering plans during an interview. What Happened: “We are definitely going to be a publicly traded company,” Luckey told CNBC. He emphasized that...
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Anduril Raises $2.5 Billion At $30.5 Billion Valuation, Doubling In A Year As Defense Contracts Grow
Friday, June 6, 2025 - 6:48am | 529Defense tech firm Anduril Industries has landed $2.5 billion in fresh capital, catapulting its valuation to $30.5 billion and marking a defining moment in its rapid rise within the national security sector. What Happened: Executive Chairman Trae Stephens announced the funding milestone during an...
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Golden Dome Fever: Lockheed, Raytheon, Northrop Brace For Missile Defense Windfall
Thursday, May 1, 2025 - 3:50pm | 517With Washington sharpening its defense focus, JPMorgan analyst Seth Seifman says investors shouldn't sleep on the potential scale of the so-called "Golden Dome.” A Donald Trump-era vision that could redefine America's missile shield from the ground to space. While still nebulous in detail,...
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Lockheed Martin, Boeing, And Northrop Grumman Rival Anduril, Led By Peter Thiel's Venture Capital, Raises $1.5B At $14B Valuation To Accelerate Autonomous Weapons Production
Friday, August 9, 2024 - 6:57am | 654Anduril Industries, a U.S. defense technology startup, has successfully secured $1.5 billion in funding. The investment, co-led by Peter Thiel‘s venture capital firm, is aimed at bolstering the production of autonomous weapons for the U.S. military and its allies. What Happened: The latest...
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Michael Dell's Son Plans To Beat Texas Blackouts With A $300M Home Battery Startup That Aims To Slay Tesla's Powerwall Price
Wednesday, May 8, 2024 - 5:15am | 760Texas, prone to frequent power outages due to grid strain, is seeing a new player in the home energy storage market: Base Power. Founded in Austin last year by Zach Dell, son of PC billionaire Michael Dell, and Justin Lopas, the company aims to provide a more...