Defense Tech Company Anduril May Be Valued at $100 Billion

Reuters reported July 24 that Anduril, a company that builds military technology, is in talks to raise investor funding at roughly a $100 billion valuation — what buyers think the company is worth. That is up 64% from May and more than triple its value a year earlier. The deal may close in two stages at rising prices. Anduril's 2025 revenue was $2.2 billion.