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    Anduril Pursuing $12.5 Billion Valuation After Doubling Its Revenue

    Tyler Joe

    By Tyler Joe - May 21, 2024 | Updated On: 21 May, 2024 | 2 min read

    By Tyler Joe , 2 min read - May 21, 2024

    Updated On: 21 May, 2024

    Anduril Pursuing $12.5 Billion. Image Credit: Social Media.

  • Military defense company Anduril is trying to get to the top of the industry and is on a high trajectory.

    Is Anduril Pursuing $12.5 Billion valuation? The answer is yes, as the company’s revenue has almost doubled to several billions. Anduril is trying to secure a ton of funding from a significant funding round, which will value the company around $12.5 billion.

    Most Significant Venture Capital Investments of 2024: Anduril Pursuing $12.5 Billion

    Anduril has raised over 2 billion dollars since they started this business seven years ago. The company’s founding members, Palmer Luckey, Matt Grimm, Brian Schimpf, and other members, tirelessly work to develop military items for the U.S.

  • Anduril has also said that they doubled their revenue to around $500 million last year, which looks like the big thing that Anduril has been waiting for all these years.

    Anduril Pursuing $12.5 Billion

    Anduril Pursuing $12.5 Billion. Image Credit: Social Media.

    This news of Anduril Pursuing $12.5 Billion came after Anduril reportedly doubled its revenue, and they are showing awe-inspiring growth in the defense industry.

    It will be no wonder that they secured the funding and achieved their goal.

    If the funding round goes as Anduril has planned, it will be one of the most significant venture capital investments of 2024 so far.

  • Will It Be Successful?

    Anduril is trying to raise $1.5 billion in capital, which will undoubtedly launch the company to heights they have never imagined.

    This funding is enough for Anduril to expand and develop everything in their current holding.

    Anduril Pursuing $12.5 Billion

    Anduril Pursuing $12.5 Billion. Image Credit: Social Media.

    Their Anduril Pursuing $12.5 Billion goal sounds absurd and hard to achieve. But Anduril plays a vital role in defense technology, making this goal achievable.

    ALSO READ Top 5 Facts About Logitech CIO Anne Carrigy: One Of The Most Powerful Women In Tech.

  • Anduril, The Next Defense Giant?

    Although these are just on paper, nothing has been fixed till now.

    But looking at their current speed of growth, they might be able to pull this off and hit the jackpot.

    Investment and funding in defense and security have always been good.

    Their progress has been undeniable, and the company’s future looks bright.

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