CNBC February 11, 2025
Key Points
– Anduril Industries, Palmer Luckey’s defense-tech startup, will take over Microsoft’s multibillion-dollar augmented reality headset program with the U.S. Army, the companies announced Tuesday.
– The partnership will give the drone software maker “oversight of production, future development of hardware and software, and delivery timelines” if approved by the Department of Defense.
– The hand off of the program comes at a key time for Anduril. The startup has been in talks to raise up to $2.5 billion in funding at a $28 billion valuation, CNBC reported last week.
Anduril Industries, Palmer Luckey’s defense-tech startup, will take over Microsoft‘s multibillion-dollar augmented reality headset program with the U.S. Army, the companies announced Tuesday.
The partnership still needs approval from...
Today's Sponsors
Today's Sponsor