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Defense Tech Startup Anduril Doubles Valuation to $61 Billion in Major Funding Round

Defense technology startup Anduril Industries secured $5 billion in fresh funding, doubling its valuation to $61 billion. Thrive Capital and Andreessen Horowitz led the financing round. CEO Brian Schimpf announced the company will invest aggressively in manufacturing, research, and infrastructure to scale defense systems for U.S. government contracts. Founded in 2017, Anduril is positioning itself as a major beneficiary of federal reindustrialization efforts. The company recently joined initiatives working on space interceptors for the Golden Dome missile defense system and secured an Army enterprise contract with a $20 billion ceiling. Anduril also acquired a space missile and satellite tracking company. The funding round reflects sustained investor appetite for defense technology. Other startups including Shield AI and autonomous shipmaker Saronic recently closed major funding rounds.