Anduril valued at $61B

Defense technology startup Anduril Industries has raised $5 billion in a new funding round, doubling its valuation to $61 billion.

The company is a key contractor for President Trump's 'Golden Dome' missile defense system and other advanced military projects.

The Pentagon recently selected Anduril as a partner for its new Low-Cost Containerized Missiles program.

This funding round, led by Thrive Capital and Andreessen Horowitz, underscores the massive shift toward software-defined defense capabilities.