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Anduril in talks to raise money at $28 billion valuation as defense-tech booms

  • Anduril is in talks to raise up to $2.5 billion at a valuation of $28 billion, as reported by CNBC.
  • The deal is led by Founders Fund, which is writing a $1 billion check, its largest ever, according to sources.
  • Anduril's revenue doubled to $1 billion in 2024, and it aims to disrupt traditional defense contractors like Lockheed Martin, Raytheon, and Northrop Grumman.
  • Palmer Luckey, Anduril's founder, stated that the need for a strong military is a non-partisan issue, as mentioned in CNBC's 'Closing Bell Overtime.
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Forbes broke the news in United States on Friday, February 7, 2025.
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