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Business/Financial

Anduril Raises $1.5 Billion For Gigafactory To ‘Hyperscale’ Defense Manufacturing

By Cal Biesecker

Thursday, August 8th, 2024

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Anduril Raises $1.5 Billion For Gigafactory To ‘Hyperscale’ Defense Manufacturing

Anduril Industries' Dive-LD autonomous underwater vehicle. Photo: Anduril

Preparing the road ahead to be able to produce massive quantities of autonomous systems and weapons by leveraging a new software-defined manufacturing platform that relies heavily on commercial suppliers, Anduril industries plans to build a new facility to “rebuild the arsenal of democracy,” the company said on Thursday. The build of its five million-plus square foot Arsenal-1 factory that will lean on a manufacturing platform Anduril also calls Arsenal is supported by a $1.5 billion funding round the company raised…

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