Palmer Luckey

Anduril Reports Talks for $100B Valuation

Anduril is in early discussions for a new funding round that could push its valuation to about $100 billion, potentially via a two-stage process with a second round at a higher valuation within a year, following a $61 billion round in May 2026 and rapid growth in drones, software, and missiles amid U.S. conflicts. The talks reflect growing investor appetite for defense-tech startups and could place Anduril near Lockheed Martin in value, with company spokespeople noting that no financing decisions have yet been made.