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No word yet on whether those revenues are profitable for Anduril, but even if the company is not yet profitable, just the revenue growth rate alone -- 100% -- suggests this is a high growth ...
(Reuters) -AI-powered defense startup Anduril Industries is in talks for a new funding round that could hike the valuation of the Palmer Luckey-founded company to $28 billion, sources said on Friday.
Anduril, though, has a lot of competition, such as Boeing , General Dynamics , Lockheed Martin , Northrop Grumman , and RTX . Luckey contends his company has advantages over its big, entrenched ...
Anduril Industries, Inc. is an American defense technology company that specializes in autonomous systems. It was cofounded in 2017 by inventor and entrepreneur Palmer Luckey and others. [ 3 ] [ 4 ] Anduril aims to sell to the U.S. Department of Defense , including artificial intelligence and robotics .
Palmer Freeman Luckey (born September 19, 1992 [2]) is an American entrepreneur best known as the founder of Oculus VR and designer of the Oculus Rift, a virtual reality head-mounted display that is widely credited with reviving the virtual reality industry.
"Anduril’s main showing at last month’s exercises was Lattice, the software developed to control its equipment for border or base surveillance, but now aimed at linking up anything." [ 1 ] "Anduril’s border control technology includes towers with cameras and infrared sensors that use artificial intelligence to track movement.
Defense startups angle for bigger slice of Pentagon's budget. One issue for investors to consider is how the American defense technology industry could evolve under a new administration.
r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. It has become notable for its colorful jargon, aggressive trading strategies, stories of extreme gains and losses acquired in the stock market, and for playing a major role in the GameStop short squeeze that caused significant losses for a number of US hedge funds and ...