Mentioned:
One of the giants of American defense tech is getting ready to scale up domestic drone production.
What’s happening:
- Defense tech giant Anduril has announced they will build a new large scale facility in Ohio to produce military drones and autonomous air vehicles for combat
By the numbers:
- The new facility is expected to be more than 5M square feet and will use more than 500 acres of land
- Anduril plans to invest $1B USD directly into the construction of the new facility
Why it matters:
- Anduril is focusing on the new Ohio facility being capable of rapidly scaling the manufacturing of drones and autonomous air vehicles through their advanced software platform and technology driven production process
Going deeper:
- Anduril has been making significant bets on drone technology, including their recent notable partnership with OpenAI which is focused on using artificial intelligence models to help prevent hostile drone attacks
- The American military has also been striking new deals around domestic drone hardware manufacturing, including a notable new deal between the United States Air Force and Palladyne AI (NASDAQ: PDYN)
