COSTA MESA, Calif.: Anduril raises $5 billion in Series H funding to scale defense AI manufacturing operations across the United States.
Thrive Capital and Andreessen Horowitz co-lead the round announced on May 13. Total funding now reaches $11.4 billion across the company’s history. The deal stands among the largest defense technology rounds ever closed globally.
Anduril builds autonomous systems, AI software, sensors, and networked defense platforms. Customers include the U.S. military and allied forces across NATO partner nations. Products span drones, underwater vehicles, command software, and battlefield sensor networks.
The company doubled revenue to $2.2 billion in 2025 from the prior year. Software and platform investments translate into major military programs across multiple service branches. The Pentagon increasingly favors software-defined systems over traditional hardware-heavy procurement.
The round arrives amid a fundamental shift in defense buying patterns globally. Modern conflicts demonstrate autonomous systems outperform legacy platforms in many scenarios. Ukraine’s drone war reshaped procurement thinking inside major Western defense ministries permanently.
Anduril founder Palmer Luckey previously built Oculus VR before selling to Meta. The company emerged in 2017 to disrupt traditional defense primes like Lockheed and Raytheon. Aggressive software-first design philosophy initially faced skepticism from established Pentagon buyers.
“Defense buyers want autonomous hardware and AI software working together at scale,” says an Anduril executive about the round.
The fresh capital funds expanded manufacturing capacity across multiple American facilities. Anduril plans aggressive R&D investment in next-generation autonomous systems. New production lines target drones, underwater platforms, and battlefield computing infrastructure.
Helsing’s $1.2 billion round earlier this month signals parallel European momentum. True Anomaly recently raised $600 million for space defense applications. Defense tech now ranks among the hottest venture capital categories of 2026.
Anduril cements its position as the clear category leader globally.
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