
Daily snapshot
This topic is included in the Trace archive for Wednesday, May 13, 2026.
Anduril Industries has successfully raised $5 billion in a Series H funding round, resulting in a valuation surge to $61 billion. This significant financial boost comes as the company reported a revenue increase to $2.2 billion in 2025, reflecting its strong growth in the defense technology sector.
The funding round was led by Thrive Capital and Andreessen Horowitz.
Anduril secured a 10-year U.S. Army contract with a ceiling of $20 billion.
The company plans to invest aggressively in manufacturing capacity and R&D.
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