标签：#defense tech

Anduril is said to be raising a new round of funding that may push its valuation up to about $100 billion, per Reuters.

Mach's approach differs sharply from some of its peers.

Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget. A wave of new startups is chasing those government contracts, but according to Ross Fubini, the venture investor who wrote Anduril’s first check, most of them will get lost in the Valley of Death between prototype contract […]