What Happened
Defense Tech Startup Reaches New Heights Amid AI Boom
Anduril Industries, a defense technology startup, has opened an employee tender offer valuing the company at $90 billion. The offer, which runs until November 9, 2026, allows eligible staff in 16 countries to sell shares back to the company at $94.80 apiece, with a total cap of $1.3 billion. This move comes as Anduril continues to expand its portfolio of autonomous systems, software platforms, and manufacturing capacity, positioning itself as a major player in the defense tech sector. The tender offer was first reported by Bloomberg and confirmed by Anduril to CNBC.