Defense tech is flooded with money, but who’s built to last?
Title: A Flood of Capital for Defense Tech: Which Players Are Built for the Long Haul?
The defense technology sector is currently experiencing a surge of enthusiasm. Anduril has recently doubled its valuation, while Mach Industries has seen its value quadruple, coinciding with the U.S. government’s proposal to boost the defense budget by 40%. Although a new wave of startups is aggressively pursuing these lucrative government contracts, Ross Fubini—the venture investor who provided Anduril’s initial funding—warns that the majority of these companies risk being lost in the "Valley of Death," the precarious gap between securing a prototype contract and achieving sustainable growth.
Source: TechCrunch Generated at: 2026-06-03 20:51:41 UTC
