Anduril doubles valuation with a $5B Series H

Anduril raised $5 billion at a $61 billion valuation, with revenue growth and autonomous defense programs supporting a steep AI premium.

何が変わったか

Thrive Capital and a16z led a round that doubled both the company’s last financing size and valuation.

The company says 2025 revenue reached $2.2 billion, about double the prior year, while programs such as Fury and Lattice expand.

なぜ重要か

The valuation prices defense AI as a software-and-hardware stack, but it also depends on long-term conflict budgets.

次に見るべき点

見るべきなのは見出しの数字だけではなく、その製品、契約、プラットフォーム転換が今後2四半期で再現性を持つかどうかだ。

参考資料: CocoLoop