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Anduril Raises $5 Billion At $61 Billion Valuation

Capital Influx Propels Anduril’s Growth Trajectory

Anduril, the defense technology powerhouse, has closed a monumental $5 billion Series H funding round at a $61 billion valuation. This round, led by returning investors Thrive Capital and Andreessen Horowitz, marks a significant milestone for the company. The deal follows earlier reports that the company was aiming for a $60 billion valuation, and it comes on the heels of a previous funding round that valued Anduril at $30.5 billion less than one year ago.

Revenue Acceleration And Investor Confidence

CEO Brian Schimpf recently highlighted in a company blog post that Anduril’s revenue doubled in 2025 to reach $2.2 billion. This impressive growth reflects both robust investor confidence and the maturation of an industry that, until recently, attracted minimal venture capital. The company’s sustained performance underscores its dominant position within the defense technology sphere.

Strategic Partnerships and Market Expansion

While Anduril secures the bulk of venture capital support, the U.S. Department of Defense is strategically dispersing its contracts to foster multiple innovative partnerships. For instance, Shield AI recently had its software selected by the Air Force to complement Anduril’s “Fury” autonomous system rather than awarding an exclusive contract. This collaborative approach reflects a broader trend in defense procurement, where innovation thrives through diversified investments.

Global Contracts And Diversification

Outside the United States, Anduril has continued expanding its international presence through several new contracts and partnerships. In May, the company joined a consortium developing a space-based missile defense system known as the “golden dome.” Additional agreements include projects with the Dutch Ministry of Defence and a U.S. Army contract tied to battle management software using Anduril’s Lattice platform.

Sector-Wide Momentum In Defense Technology

Anduril’s valuation growth also mirrors broader momentum across the defense technology sector. This year, Shield AI raised $1.5 billion in Series G funding, while Hermeus secured $350 million at a valuation above $1 billion. Meanwhile, European defense technology company Helsing is reportedly preparing a new funding round that could value the business at approximately $18 billion. Collectively, Anduril has now raised more than $11 billion.

A New Era In Defense Investment

The latest funding round further highlighted growing venture capital interest in defense and security technologies amid increasing geopolitical tensions and rising demand for advanced autonomous systems. With expanding international contracts, rising revenue and continued investor support, Anduril is strengthening its position within the rapidly growing defense technology market.

Cyprus Expects More French Visitors In 2027 As Air Capacity Expands

Cyprus expects more French visitors in 2027 as airlines increase capacity between the two countries, Tourism Deputy Minister Kostas Koumis said after meetings with tour operators in Paris.

France, one of Cyprus’ key tourism markets, has had a difficult 2026. French arrivals fell 46% year over year to 8,453 in August, from 15,663 a year earlier, according to the Statistical Service of Cyprus (Cystat). August arrivals were also nearly 50% below the 16,798 recorded in the same month of 2024.

Overall, Cyprus received 2.82 million tourist arrivals between January and August, down 7% from the same period in 2025.

Air Connectivity Supports 2027 Outlook

Koumis discussed the 2027 outlook with senior executives from tour operators offering Cyprus holidays during the IFTM Top Resa travel trade fair in Paris.

Higher air capacity between France and Cyprus was a key focus of the talks. Participants also discussed the impact of geopolitical tensions in the Middle East on the French market and Cyprus’ efforts to adapt its tourism offering to French travelers.

“The French market is undoubtedly an extremely important market for our country’s tourism,” Koumis said, adding that France had regained importance only a few years ago and still had room to grow.

Improved air connectivity will be an important factor in that expansion, according to Koumis. “It is now clear that air connectivity between France and Cyprus is improving significantly, which is a basic prerequisite for the further growth of the market,” he said.

Cyprus Promotes Tourism And Regional Cooperation

Koumis attended the opening of IFTM Top Resa at the invitation of French Tourism Minister Serge Papin, who later visited the Cyprus stand. Held from Sept. 15 to 17 at Paris Porte de Versailles, the event brought together more than 32,000 tourism professionals representing 177 destinations and 1,650 brands, according to organizers.

During his visit, Koumis also met Egyptian Tourism Minister Sherif Fathy. Cyprus and Egypt reaffirmed their tourism cooperation and discussed opportunities to strengthen ties further.

French media interviews covered Cyprus’ tourism offering, infrastructure and services, along with efforts to develop specialized tourism products. Regional instability weighed on arrivals in 2026, particularly during the spring, although the decline narrowed over the summer.

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