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Anduril Raises $5 Billion, Valuation Reaches $61 Billion

Defense technology firm Anduril closed a $5 billion funding round, more than doubling its valuation to approximately $61 billion amid sustained investor interest in defense tech.

First reported

By The New York Times on May 13, 2026 at 3:00 AM EDT

Last update

May 13, 2026 at 12:12 PM EDT

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2 sources · 2 articles

2 sources write about this

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Blindspot: Right-leaning outlets provided zero coverage of Anduril's $5B raise and $61B valuation, leaving the story solely to left and center sources.
Anduril Raises $5 Billion, Valuation Reaches $61 Billion
Photo: Image via pixabay (Image for illustrative purposes only)

In brief

Defense technology firm Anduril closed a $5 billion funding round, more than doubling its valuation to approximately $61 billion amid sustained investor interest in defense tech.

Facts about this story

  1. 1

    Anduril raised $5 billion in its latest funding round.

  2. 2

    The round values Anduril at approximately $61 billion.

  3. 3

    The new valuation is more than double the company's previous figure.

  4. 4

    The raise occurred during a documented boom in defense technology funding.

  5. 5

    Anduril focuses on autonomous systems and military hardware for U.S. defense customers.

How outlets are covering it

Anduril Raises $5 Billion in Funding and Is Valued at $61 Billion

The New York Times centers the story on the scale of the raise and the resulting valuation figure.

Read original source
CNBC logo
CNBC

11 hr ago

Anduril doubles valuation to over $60 billion as defense tech funding boom continues

CNBC frames the round within the wider context of a sustained boom in defense technology investment.

Read original source

Background

Anduril was founded in 2017 by Palmer Luckey, who previously co-founded Oculus, and has positioned itself as a technology-first alternative to traditional defense contractors. The company develops autonomous weapons platforms, surveillance systems, and command software, competing for U.S. military contracts alongside both legacy primes and newer entrants. Investor appetite for defense technology has grown sharply in recent years, driven in part by increased NATO spending commitments, the war in Ukraine, and a broader shift in how venture capital views dual-use and military technology. Large private funding rounds in this sector have become more frequent as institutional investors factor geopolitical risk into portfolio strategy.

Sources covering this story

2 sources write about this

2 articles tracked

The New York Times logo
The New York Times

Anduril Raises $5 Billion in Funding and Is Valued at $61 Billion

May 13, 3:00 AM

CNBC logo
CNBC

Anduril doubles valuation to over $60 billion as defense tech funding boom continues

May 13, 9:54 AM

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