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2d ago

Anduril Raises $5 Billion at $61 Billion Valuation to Scale AI Defense Systems

The raise signals a shift in defense toward software-led autonomy tied to high-volume production.

Defense giant Anduril is operating its autonomous naval vessel manufacturing facility at the old Foss Shipyard on the Lake Washington Ship Canal in Seattle. (GeekWire Photo / John Cook)
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An Anduril Industries logo is seen at the 55th International Paris Airshow at Le Bourget Airport near Paris, France, June 17, 2025. REUTERS/Benoit Tessier
Anduril raises $5b at $61b valuation as defense tech becomes core ai industrial play

Overview

  • Anduril closed a $5 billion Series H on Wednesday, valuing the nine-year-old defense startup at $61 billion.
  • The company said it will invest aggressively in factories, research and infrastructure, including its Arsenal-1 site in Ohio and a Seattle hub building autonomous Navy vessels for the MASC program.
  • Recent wins include a 10‑year U.S. Army enterprise contract with a $20 billion ceiling to roll out its Lattice battle‑management software with hardware, plus a role in a planned space‑based “Golden Dome” missile shield.
  • The company says revenue doubled in 2025 to $2.2 billion, and Crunchbase counts more than $11 billion raised to date.
  • Funding for defense startups is surging this year, with Crunchbase tracking $13.6 billion by mid‑May as buyers seek AI-guided systems that update by software and can be built at scale.