Anduril Industries has unveiled a budget-priced, AI-controlled autonomous fighter jet, the Fury AAV. The new robotic fighter jet will cost a fraction of the cost of piloted fighters such as the F-35.

Today, Anduril is making $1 billion a year in revenue, its privately-owned stock has gone up 30-fold, and it wants to IPO. Anduril's a popular defense stock, but it costs far too much to justify ...

Anduril's a great AI company -- but it will likely make for a lousy IPO. Once upon a time, unicorn companies -- privately owned, but valued in excess of $1 billion -- were a rare breed.

PARIS (Reuters) - U.S. drone-maker Anduril and German defense giant Rheinmetall said on Wednesday they will partner to build aerial drones for European markets, in a sign of Europe leveraging ...

According to Luckey, Anduril roughly doubled its 2023 revenue in 2024, making "about a billion" dollars in 2024 sales. The company isn't believed to be profitable yet, so that doesn't mean much in ...

Why It Matters: Last week, Anduril CEO Palmer Luckey confirmed the defense tech firm’s IPO plans, saying the company must go public to compete for trillion-dollar contracts like the F-35 program.

Anduril's Arsenal-1 site near Rickenbacker International Airport was chosen after a five-month search. State and local collaboration was key in Anduril's final decision to go with Ohio. Previous ...

American defence start-up Anduril will team with German arms manufacturer Rheinmetall to offer European variants of several Anduril weapons systems, including the company’s autonomous combat ...

Anduril Industries co-founder Palmer Luckey told CNBC today that his company will “definitely” go public but did not a specify a time frame for the listing. Luckey said there isn’t “really a path” for ...

German defence giant Rheinmetall and US defence tech company Anduril announced their plans to design and manufacture drones and rocket motors for Europe. California-based Anduril Industries and ...