Anduril Industries is reportedly in talks to raise a new funding round that could value the defense tech company at approximately $100 billion. This potential valuation represents a significant increase, more than tripling its previous $61 billion valuation from May and marking a substantial follow-on round. The company has seen its revenue double to $2.2 billion in 2025 and plans to use the funds to capitalize on the booming defense tech sector, evidenced by contracts with multiple government and NATO entities.