Protection tech is flooded with cash, however who’s constructed to final?
Protection tech is purple sizzling proper now. Anduril and Mach Industries simply doubled and quadrupled their valuations, respectively, and the U.S. authorities is proposing a 40% increase in protection price range. A wave of recent startups is chasing these authorities contracts, however in line with Ross Fubini, the enterprise investor who wrote Anduril’s first verify, most of them will get misplaced within the Valley of Demise between…