Anduril Rockets to $30.5B Valuation—Because Defense Tech Prints Money

Another day, another defense contractor cashing in while the world burns. Anduril just locked down a $2.5B funding round—because nothing sells like AI-powered war machines.

Valuation go brrr

That $30.5B price tag isn’t just monopoly money—it’s Silicon Valley meets the military-industrial complex. Investors are tripping over themselves to back Palmer Luckey’s killer-robot startup. Priorities!

The cynical kicker

Meanwhile, VCs still won’t touch crypto. But autonomous drones? Shut up and take their LP’s capital.

TLDR;

• Anduril raises $2.5 billion in Series G funding, pushing its valuation to $30.5 billion
• Founders Fund leads the round with a record $1 billion investment
• Funding surge follows doubling of revenue in 2024 and a major U.S. Army contract
• Anduril and Meta form strategic alliance to build advanced mixed-reality military tech

Defense technology firm Anduril has rocketed to a $30.5 billion valuation following a massive $2.5 billion Series G fundraising round. The latest investment was led by Founders Fund, which alone contributed $1 billion, the largest single investment in the firm’s history.

According to Anduril, the round was oversubscribed more than eight times, highlighting soaring investor demand and confidence in the company’s future.

Anduril’s swift rise is emblematic of the shifting landscape of defense technology, where private capital is increasingly playing a central role in developing next-generation military systems. A spokesperson for the company revealed that this fresh infusion of funds comes on the heels of a breakout year, during which Anduril doubled its revenue to approximately $1 billion in 2024.

Revenue Surge and Major Army Contract Drive Momentum

The company’s explosive growth has been fueled in large part by a recent coup in the defense contracting space. Earlier this year, the U.S. Army awarded Anduril a flagship contract to lead the development of augmented and virtual reality (AR/VR) headsets for soldiers. This program, originally granted to Microsoft with a projected value of up to $22 billion, was reassigned to Anduril in February, marking a turning point in the company’s trajectory.

Anduril Executive Chair Trae Stephens tells @EdLudlow and @CarolineHydeTV that the company has closed a new funding round of $2.5 billion, a deal that more than doubles the defense startup’s valuation to $30.5 billion https://t.co/DvS9BlHwk0 pic.twitter.com/ld6KguShbg

— Bloomberg TV (@BloombergTV) June 5, 2025

This contract not only cemented Anduril’s role as a critical player in military innovation but also reignited public attention on founder Palmer Luckey. Having once pioneered VIRTUAL reality through Oculus and later leaving Meta under tense circumstances, Luckey publicly made amends with his former employer following the Army deal. That gesture came alongside the announcement of a renewed partnership between Anduril and Meta to build cutting-edge battlefield technology.

Meta and Anduril Partnership

The partnership between Anduril and Meta last week is focused on creating high-performance XR (extended reality) solutions for military use, drawing from a decade of research and development by both companies. The two tech giants plan to compete jointly for the recompete of the Army’s Integrated Visual Augmentation System (IVAS), aiming to deliver more affordable and effective solutions by adapting commercially developed technology for defense purposes.

Both companies emphasized that this collaboration is being driven by private investment, not taxpayer dollars, with the goal of modernizing military equipment while significantly reducing costs. Luckey framed the mission in visionary terms, stating his desire to “turn warfighters into technomancers” by giving them access to futuristic, AI-enabled tools on the battlefield.

A Strategic Bet on Dual-Use Technology

The unprecedented funding round and growing partnerships reflect Anduril’s long-term bet on dual-use technologies, tools built for commercial use but easily adaptable to military needs. With AI, autonomous systems, and XR interfaces at the center of its roadmap, the company is positioning itself as a key enabler of the Pentagon’s modernization efforts.

With warfighting increasingly reliant on software, sensors, and autonomy, Anduril’s rapid rise highlights a growing trend: the blending of Silicon Valley innovation with national defense priorities. As geopolitical tensions grow and demand for agile defense capabilities increases, Anduril’s momentum suggests that the next chapter in warfare will be written not just in the halls of the Pentagon but also in the labs of private tech pioneers.