Anduril Industries has secured USD1.5 billion of funding for its Series F round to accelerate defence production and increase hiring. The company is also investing in Arsenal, a software-defined manufacturing platform which will enable the production of tens of thousands of autonomous weapons systems.
Co-led by Founders Fund and Sands Capital, Anduril’s Series F values the company at USD14 billion and includes new investors Fidelity Management & Research Company, Counterpoint Global, and Baillie Gifford, as well as major commitments from existing investors including Altimeter and Franklin Venture Partners.
Anduril says the conflict in Ukraine has exposed a critical vulnerability in the United States’ ability to respond to major crises where use of weapons and munitions would quickly exceed supply. The Arsenal platform aims to design products that are as simple as possible, eliminating unnecessary materials, parts, and specialised processes. It integrates a commercial supply chain wherever possible.
Anduril is investing in the development of the Arsenal-1 manufacturing facility. Upon completion, Arsenal-1 will be more than five million square feet of production space that will employ thousands of people and is designed to produce tens of thousands of autonomous military systems annually.
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