Anduril Industries will take control of Microsoft's multibillion-dollar augmented reality headset program for the U.S. Army.
Anduril Industries, Palmer Luckey's defense-tech startup, will take over Microsoft's multibillion-dollar augmented reality headset program with the U.S. Army, the companies said.
The hand-off of the program comes at a key time for Anduril. The startup has been in talks to raise up to $2.5 billion in funding at a $28 billion valuation, CNBC reported Friday.Palmer Luckey, founder of Oculus and Anduril Industries, speaks during The Wall Street Journal's WSJ Tech Live conference in Laguna Beach, California on October 16, 2023.The partnership still needs approval from the Department of Defense.
U.S. Department Of Defense Technology Lockheed Martin Corp Microsoft Corp Northrop Grumman Corp Breaking News Breaking News: Technology Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Microsoft wants to hand off much of its Army HoloLens program to Palmer Luckey’s AndurilWill Shanklin has been writing about gadgets, tech and their impact on humanity since 2011. Before joining Engadget, he spent five years creating and leading the mobile technology section for New Atlas. His work has also appeared on SlashGear, TechRadar, Digital Trends, AppleInsider, Android Central, HuffPost and others.
Read more »
Anduril Takes Over Microsoft's Army AR Headset ProgramAnduril Industries, the defense-tech startup founded by Palmer Luckey, will assume control of Microsoft's multibillion-dollar augmented reality headset program for the U.S. Army. This partnership, pending Department of Defense approval, grants Anduril oversight over production, hardware and software development, and delivery timelines. The move comes at a crucial time for Anduril, which is reportedly seeking up to $2.5 billion in funding at a $28 billion valuation. Microsoft will continue to provide cloud and artificial intelligence capabilities for the Integrated Visual Augmentation System (IVAS).
Read more »
Anduril Industries Eyes Trump-Friendly Takeover of US Army's Augmented Reality ContractAnduril Industries and CEO Palmer Luckey are poised to take over Microsoft's multi-billion dollar contract for the Integrated Visual Augmentation System (IVAS), an augmented reality headset for the US Army. The deal awaits government approval, but Luckey has expressed confidence in the acquisition, framing it as a victory for his company and a departure from 'business as usual'. This move aligns with Luckey's past support for former President Trump and signals a potential trend of Trump-friendly tech executives gaining influence in government contracts.
Read more »
Oprah Wore Hollywood’s ‘It Color’ in Such a Sleek Way — Recreate Her Look from $22Oprah Winfrey wore leather pants, a striped blouse, and booties in espresso, the “it color” of fall and winter. Martha Stewart and Reese Witherspoon are fans of espresso, too.
Read more »
Gwyneth Paltrow Sells Los Angeles Mansion for $22 Million — See Inside!Gwyneth Paltrow has bid farewell to her Los Angeles mansion as it has officially sold for $22 million. It was initially being listed for $29.99 million in May 2024.
Read more »
East Palestine and Norfolk Southern Reach $22 Million Settlement Over Train DerailmentThe Village of East Palestine and Norfolk Southern Corporation have reached a $22 million settlement to resolve all claims arising from the February 3rd train derailment in East Palestine, Ohio.
Read more »