Defense tech is flooded with money, but whoโs built to last?
Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget. A wave of new startups is chasing those government contracts, but according to Ross Fu
Defense tech is red hot right now.ย Andurilย andย Mach Industriesย just doubled and quadrupled their valuations, respectively,ย and the U.S.ย government is proposingย aย 40% increaseย in defense budget. A wave of new startupsย isย chasing those government contracts, but according to Ross Fubini, the venture investor who wrote Andurilโs first check, most of themย will get lost in the Valley of Death between prototype contract [โฆ]
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