Anduril is reportedly discussing a new funding round that could value the defence technology company at approximately $100 billion, although no final decision has been made and the amount to be raised remains unknown. The talks follow a recent $5 billion round that valued the company at $61 billion, amid rapid growth in its portfolio of drones, missiles and defence software.
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A $100 billion valuation would demonstrate how rapidly investor confidence is shifting toward software-led defence companies and autonomous systems. Anduril is no longer being valued simply as a promising startup, but increasingly as a potential competitor to established defence primes. However, the figure remains prospective and will ultimately need to be supported by sustained revenue growth, successful program execution and the conversion of demonstrations into large-scale procurement.
BAE Systems has unveiled Brontanax, an autonomous collaborative combat aircraft developed in the United Kingdom to operate alongside platforms such as the Typhoon. The Hawk-sized aircraft is intended to perform electronic-warfare and precision-strike missions, using an open and modular architecture. Ground testing is planned at Warton before an expected first flight in 2027, with entry into service targeted before the end of the decade.
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Brontanax reflects the growing importance of sovereign collaborative combat aircraft programmes as countries seek additional combat mass without purchasing equivalent numbers of crewed fighters. Its strategic value will depend not only on autonomous flight, but also on successful integration with existing aircraft, weapons and command systems. The programme also shows that European manufacturers are attempting to remain competitive in a market currently dominated by rapidly advancing US concepts.
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The British Army plans to acquire the Tekever AR5 surveillance UAV under a programme worth up to ยฃ400 million over ten years. An initial six aircraft are planned, with as many as 24 expected by 2029. The AR5 can carry up to 50 kilograms of cameras and sensors and will be manufactured at Tekeverโs new facility in Swindon. The programme remains subject to contract signature and final approvals.
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The selection illustrates how operational experience in Ukraine is increasingly influencing European procurement decisions. It also marks a shift away from lengthy legacy development programmes toward systems that can be introduced and continuously upgraded more rapidly. Nevertheless, the relatively small planned fleet and the programmeโs maximum value raise questions about affordability, force scale and whether the AR5 will provide sufficient survivability in highly contested environments.
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Ukrainian company UFORCE and US shipbuilder RECONCRAFT have signed a memorandum of understanding to manufacture the MAGURA family of autonomous maritime drones in the United States. The partnership would combine MAGURAโs combat-tested designs and autonomy with RECONCRAFTโs existing US shipbuilding infrastructure. No procurement commitment, contract value, production quantity or delivery schedule has yet been announced.
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The agreement shows how Ukrainian battlefield innovation is beginning to move into Western industrial and procurement networks. Rather than developing an American platform from the ground up, the partnership aims to combine an operationally proven Ukrainian system with established US manufacturing capacity. Its longer-term significance will depend on whether the memorandum leads to firm orders, but it could provide a model for transferring other Ukrainian unmanned technologies into NATO markets.
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X-Bow Systems has introduced Buckler, a supersonic surface-to-air interceptor designed primarily to defeat Group 3 drones such as Shahed-type one-way attack systems. The company is targeting a unit price below $100,000 and says the interceptor has completed an initial flight test following propulsion and static-fire trials. Buckler may also be capable of engaging certain subsonic cruise missiles and other aerial threats.
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Buckler addresses the growing need to reduce the cost imbalance between inexpensive attack drones and conventional air-defence missiles. Its proposed combination of supersonic performance and a sub-$100,000 price could make it attractive for defending against mass attacks while preserving more expensive interceptors for higher-end threats. However, the price and performance remain manufacturer claims, and the system will need further testing and production scaling before its operational and economic advantages can be confirmed.
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Ukraine awards more than $1 billion in drone contracts
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Doodle Labs considers US and European production sites as demand for jam-resistant drones grows
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US Army awards $117 million contract for 82 AeroVironment P550 eVTOL drones
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Saronic and Samsung Heavy Industries form alliance on autonomous maritime systems
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Romania plans $7.5 billion weapons acquisition including UAVs co-produced with Ukraine
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US Army invests $80 million in domestic drone-motor production
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Ukraineโs AN-196 Liutyi returns as a reusable carrier for four air-to-surface missiles
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Sikorsky Nomad 100 rotor-blown autonomous aircraft completes initial flight tests
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Anduril unveils Thunder autonomous attack rotorcraft to support Apache operations
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BAE Systems and Lockheed Martin advance the modular Blizzard unmanned aircraft
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General Atomics and Kongsberg advance Joint Strike Missile integration on MQ-9B
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Tekever unveils UK-built AR6 heavy-lift UAV for long-range military logistics
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Fury loyal wingman arrives at Creech Air Force Base for deployment trials
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Ukraineโs Skyfall unveils P1-Sun Jetkiller interceptor against Shahed-type drones
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MBDA unveils mobile counter-drone air-defence system using CMI and ASRAAM missiles
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Destinus unveils Vorexon air-defence missile
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Bird of Prey offers European forces a reusable interceptor against one-way attack drones
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Lockheed Martin unveils Morfius X, designed to disable more than 50 drones per flight
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Qinetiq invests ยฃ20 million in laser-weapon development
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Australian Defence Department orders Dronebuster counter-UAS kits
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Elistair and Exail integrate persistent aerial surveillance onto unmanned surface vessels
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US company develops missile-armed unmanned surface vessel for drone defence
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US Navy employs kamikaze unmanned boats during the sinking of USS Peleliu
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Ukraine develops a naval FPV-drone carrier
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Babcock, ACUA Ocean and Frankenburg partner on maritime counter-drone air defence
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US Navy selects Kongsberg and Oceaneering to develop the 1,000-mile CAMP XLUUV
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US Army selects Dire Wolf UGV for autonomous logistics in contested environments
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South Korean Army selects Hanwhaโs ARION-SMET unmanned ground vehicle
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Ukraine deploys ground robots equipped with grenade launchers
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India unveils kamikaze unmanned ground vehicle
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US AFRICOM and Morocco plan drone academy and multidomain test centre
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NATO tests unmanned-aircraft and search-and-rescue operations without satellite positioning
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Taiwan advances explainable AI for defence applications
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NODA AI wins $10 million contract to coordinate Pentagon drones as a single team
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