Anduril’s valuation soared to $30.5 billion after the high-flying defense technology startup raised $2.5 billion in a Series G round led by billionaire Peter Thiel’s Founders Fund.
Anduril has announced plans to build on its partnership with Archer by exploring market opportunities for the hybrid version of the Midnight eVTOL in the UK.
The U.S. Air Force has begun ground testing its two Collaborative Combat Aircraft prototypes from Anduril and GA-ASI ahead of planned first flights this summer.
Anduril has signed three MOUs with South Korea’s Defense Acquisition Program Administration, LIG Nex1 and Korean Air to collaborate on uncrewed weapons and AI.
Flight autonomy software developer Shield AI closed a $240 million Series F-1 round in March that raised its valuation to $5.3 billion from $2.7 billion.
Anduril Industries has secured the Republic of Singapore Air Force as its first international partner for the Lattice for Mission Autonomy software platform.
By selling aircraft to its partners in Abu Dhabi, Archer says it can generate up to $20 million in revenues. It aims to replicate the program in numerous markets eventually.