America’s most closely watched weapons co nears $60 bn valuation

Defense tech startup Anduril, founded by Palmer Luckey, is reportedly in talks for a $60 billion funding round, capitalizing on increased global defense spending. The company, known for its autonomous systems, has secured major deals in the Asia-Pacific region, despite facing criticism and sanctions from China. Anduril is focused on large-scale manufacturing, aiming to replicate World War II-era production efficiency.