Anduril $5B Series H, valuation doubles in one year to $61B

Defense-tech Anduril closes Series H led by Thrive Capital and Andreessen, doubling valuation from $30.5B to $61B in 12 months. FY2025 revenue hit $2.2B, up 2x year-over-year; cumulative raise now exceeds $11B. Iran conflict and Ukraine drag signal how U.S. and allied defense budgets are flooding autonomous weapons, drones, and battlefield AI.