{"id":21806,"date":"2025-02-07T22:20:20","date_gmt":"2025-02-07T23:20:20","guid":{"rendered":"http:\/\/medexperts.pro\/?p=21806"},"modified":"2025-02-07T23:23:44","modified_gmt":"2025-02-07T23:23:44","slug":"a-i-military-start-up-anduril-close-to-deal-that-would-value-company-at-28-billion","status":"publish","type":"post","link":"https:\/\/medexperts.pro\/?p=21806","title":{"rendered":"A.I. Military Start-Up Anduril Close to Deal That Would Value Company at $28 Billion"},"content":{"rendered":"<div><\/div>\n<p id=\"article-summary\" class=\"css-79rysd e1wiw3jv0\">The Southern California start-up, which builds flying drones and missiles, is set to raise up to $2.5 billion.<\/p>\n<section class=\"meteredContent css-1r7ky0e\">\n<div class=\"css-s99gbd StoryBodyCompanionColumn\" data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Anduril, an artificial intelligence military start-up, is set to complete a new round of funding that will double the value of the company to $28 billion, according to four people familiar with the negotiations.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The funding round, which is led by Peter Thiel&#8217;s Founders Fund and has not yet closed, is raising up to $2.5 billion, the people said. Founders Fund alone plans to invest $1 billion, the largest check ever written by the firm, two of the people said.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Anduril designs and builds autonomous systems and <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2021\/02\/26\/technology\/anduril-military-palmer-luckey.html\" title>weapons for the military<\/a> and other government agencies, including flying drones, missiles, underwater vessels and surveillance equipment for monitoring both national borders and the battlefield. It one of a new wave of companies building systems based on A.I. technologies for the government.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Thiel has backed Anduril since its start in 2017, and one of Anduril\u2019s co-founders, Trae Stephens, is a partner at the Founders Fund. Six months ago, Anduril raised $1.5 billion at a $14 billion valuation.<\/p>\n<\/div>\n<\/div>\n<div data-testid=\"Dropzone-1\"><\/div>\n<div class=\"css-s99gbd StoryBodyCompanionColumn\" data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Founders Fund declined to comment. CNBC <a class=\"css-yywogo\" href=\"https:\/\/www.cnbc.com\/2025\/02\/07\/anduril-in-talks-to-raise-money-at-28-billion-valuation.html\" title rel=\"noopener noreferrer\" target=\"_blank\">first<\/a> reported details of the funding talks.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The latest influx of cash comes as defense technology start-ups are ebullient about their prospects. Enthusiasm for building technology for the U.S. government has grown in recent years in Silicon Valley, a reversal from more than a decade of shying away from those contracts. As recently as 2018, thousands of employees at Google <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2018\/04\/04\/technology\/google-letter-ceo-pentagon-project.html\" title>signed a letter protesting<\/a> the company\u2019s military contracts.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">That resistance has slowly shifted, as more venture capital firms pour money into the sector.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">President Trump is anticipated to turbocharge investments further. Palmer Luckey, Anduril\u2019s founder, has supported President Trump since his 2016 campaign. He donated to President Trump\u2019s campaign in the 2016, 2020 and 2024 elections, and has hosted fund-raisers.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">On the night of the presidential election in November, Mr. Luckey posted a meme celebrating Mr. Trump\u2019s victory. Elon Musk, the tech executive and a close adviser to the president, responded, <a class=\"css-yywogo\" href=\"https:\/\/x.com\/elonmusk\/status\/1854031862483538230\" title rel=\"noopener noreferrer\" target=\"_blank\">saying<\/a> it was \u201cvery important to open DoD\/Intel to entrepreneurial companies like yours.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">In January, Mr. Luckey and Anduril <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/01\/16\/technology\/anduril-factory-columbus-ohio.html\" title>announced plans<\/a> to build a $1 billion factory in Ohio that they said would eventually produce tens of thousands of autonomous systems and weapons each year.<\/p>\n<\/div>\n<\/div>\n<div data-testid=\"RelatedLinksBlock-3\">\n<div data-testid=\"lazy-loader\"><\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>The Southern California start-up, which builds flying drones and missiles, is set to raise up to $2.5 billion.Anduril, an artificial intelligence military start-up, is set to complete a new round of funding that will double the value of the company to $28 billion, according to four people familiar with the negotiations.The funding round, which is led by Peter Thiel&#8217;s Founders Fund and has not yet closed, is raising up to $2.5 billion, the people said. Founders Fund alone plans to invest $1 billion, the largest check ever written by the firm, two of the people said.Anduril designs and builds autonomous systems and weapons for the military and other government agencies, including flying drones, missiles, underwater vessels and surveillance equipment for monitoring both national borders and the battlefield. It one of a new wave of companies building systems based on A.I. technologies for the government.Mr. Thiel has backed Anduril since its start in 2017, and one of Anduril\u2019s co-founders, Trae Stephens, is a partner at the Founders Fund. Six months ago, Anduril raised $1.5 billion at a $14 billion valuation.Founders Fund declined to comment. CNBC first reported details of the funding talks.The latest influx of cash comes as defense technology start-ups are ebullient about their prospects. Enthusiasm for building technology for the U.S. government has grown in recent years in Silicon Valley, a reversal from more than a decade of shying away from those contracts. As recently as 2018, thousands of employees at Google signed a letter protesting the company\u2019s military contracts.That resistance has slowly shifted, as more venture capital firms pour money into the sector.President Trump is anticipated to turbocharge investments further. Palmer Luckey, Anduril\u2019s founder, has supported President Trump since his 2016 campaign. He donated to President Trump\u2019s campaign in the 2016, 2020 and 2024 elections, and has hosted fund-raisers.On the night of the presidential election in November, Mr. Luckey posted a meme celebrating Mr. Trump\u2019s victory. Elon Musk, the tech executive and a close adviser to the president, responded, saying it was \u201cvery important to open DoD\/Intel to entrepreneurial companies like yours.\u201dIn January, Mr. Luckey and Anduril announced plans to build a $1 billion factory in Ohio that they said would eventually produce tens of thousands of autonomous systems and weapons each year.<\/p>\n","protected":false},"author":1,"featured_media":21808,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-21806","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/21806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21806"}],"version-history":[{"count":2,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/21806\/revisions"}],"predecessor-version":[{"id":21809,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/21806\/revisions\/21809"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/media\/21808"}],"wp:attachment":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}