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Anduril Industries raised $1.48B in a Series E round to develop unmanned fighter jets for the Air Force's Collaborative Combat Aircraft program

Apr 25, 2024over 1 year ago

Amount Raised

$1.48 Billion

Round Type

series e

Orange County

Investors

Founders Fund

Description

Anduril Industries has secured a significant victory by beating out major defense companies to develop and test small unmanned fighter jet prototypes under the Air Force’s Collaborative Combat Aircraft (CCA) program. This Series E funding of $1.48 billion will be used to design, manufacture, and test production representative test articles as part of the contract work.

Company Information

Company

Anduril Industries

Location

Orange County, California, United States

About

Anduril Industries is an American defense technology company that focuses on developing advanced systems for military operations. The company specializes in autonomous systems, AI-based solutions, and integrated defense technologies. It aims to create next-generation technology for national defense. Founded by tech entrepreneurs with a vision to innovate defense capabilities.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers