Anduril Industries, a tech company that makes defense products, is headed to Ohio, the state announced Thursday.

Founders Fund, which is leading the deal, is expected to contribute $1 billion to the $2.5 billion funding round.

Dubbed "Arsenal-1," the $1 billion Pickaway County factory will be the largest job-creation project in Ohio history, state officials say.

Construction is about to begin on a 465,000 sq m military drone factory on a 200ha plot in Ohio for defence company Anduril, ...

The Southern California start-up, which builds flying drones and missiles, is set to raise up to $2.5 billion.

Defense tech startup Anduril Industries is reportedly in talks for a fresh funding round, potentially pushing its valuation ...

Image Palmer Luckey, a founder of Anduril, which plans to initially focus its Ohio plant on producing Fury and Roadrunner drones and Barracuda autonomous missiles.Credit...Kyle Grillot/Bloomberg ...

Much like Palantir, Anduril describes itself as a defense technology ... Focusing specifically on drone technology, the company also produces autonomous Roadrunner unmanned aerial vehicles ...

Anduril Industries is coming to central Ohio ... The company plans to follow up production of its Fury drone with its Barracuda and Roadrunner drones. No explosives for any of the drones will ...

Anduril is a rising star of the defense industry, building everything from drones to AI software for the Pentagon. And Anduril founder Palmer Luckey says this defense technology stock is "on a ...