“It’s causing a lot of people to run who I don’t want to be running,” native Californian Palmer Luckey said. “But I’m planning on staying in California. I’m going to keep fighting it.”
Anduril founder Palmer Luckey is vowing to bring computer manufacturing back to the U.S. and by that he doesn’t just mean assembly, but every individual component, some of which are exclusively made in China today.
Anduril is said to be raising a new round of funding that may push its valuation up to about $100 billion, per Reuters.
Instead of spending a year raising a formal venture fund, the Sabertooth VC founder used a captive network of LPs to invest in startups like Anthropic, Anduril, and SpaceX.
Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget. A wave of new…
Layup Parts co-founder Zack Eakin has drawn on a motorsports background, and his experience working for Palmer Luckey and Elon Musk, to tackle making faster, cheaper, and better composites.
Mach says the acquisition meaningfully improves unit economics across its five vehicle programs at exactly the moment the company is starting to scale.
After achieving $2.2 billion in revenue in 2025, the defense tech startup has raised another massive round, led by Thrive and a16z, it says.
In one year, Shield AI’s value has leaped 140%. This after it won a contract to be the software provider to Anduril’s Fury fighter jet for the U.S. Air Force.
The Army described this as a single enterprise contract consolidating more than 120 separate “procurement actions.”