Anduril, a leading player in the defense tech sector, is reportedly in talks to raise new capital at a whopping $100 billion valuation.
The company's value would increase from $61 billion to $100 billion from its last funding round in May.
According to Reuters, the fundraising process could be divided into two phases, with the latter phase attracting investors at a higher valuation.
The defense tech sector is witnessing an unprecedented boom, driven by the demand for drones and AI-powered systems amid ongoing conflicts in Eastern Europe and the Middle East.
In just the first half of 2026, investments in this space have crossed $12 billion, more than what start-ups raised throughout all of 2025.
