Anduril Industries said Friday it received a $1.48 billion funding boost, raising the value of the defense technology company to $8.48 billion.
Palmer Luckey, who helped design the virtual reality set Oculus Rift, opened Irvine, California-based Anduril in 2017. The company specializes in software development and artificial intelligence.
Defense startup Anduril secures $1.5 billion investment (defensenews.com)