Andreessen Horowitz, a Silicon Valley-based venture capital firm, and Peter Thiel completed the $200m investment in Anduril Industries. "The money will enable Anduril to expand its development efforts in scale and scope as it tries to bring a fast-paced Silicon Valley approach to the slow-moving world of defense contracting. It’s self-funding its R&D rather than waiting for government contracts, making the confident wager that the artificial intelligence-laced surveillance and counter-drone systems it’s developing are going to be snapped up by a Pentagon hungry to tap more Silicon Valley tech," Brian Schimpf, Anduril CEO