Anduril raises $450M to secure military bases and monitor borders

Strategy

The AI-powered defense company founded by tech iconoclast Palmer Luckey has landed a $450 million round of investment

The company makes defense hardware, including long-flying drones and surveillance towers that connect to a shared software platform it calls Lattice. The technology can be used to secure military bases and monitor borders.

Anduril co-founder and CEO Brian Schimpf describes the company’s mission as one of “transformation,” pairing relatively affordable hardware with sensor fusion and machine learning technologies through a contract partner more nimble than established giants in the defense sector.

Source: TechCrunch 

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