00:00:16.100Yeah, this guy, this defense tech company,
00:00:19.160is in talks of raising funding at a $100 billion valuation.
00:00:24.760And if you remember about a year and a half ago,
00:00:26.940I didn't know if I publicly shared the stocks and the companies I went in, but I went heavily into nuclear, into military companies, smaller ones, not the general dynamics, the big ones that we all know, Boeing, bless you, smaller ones, because I do think we found a leak in our military and what we need to build.
00:00:44.740And we saw what, you know, Ukraine was doing with Ukraine building those small little, you know, drones.0.60
00:00:51.800And so America's got to get behind it.
00:00:53.560And so defense company Andruel is in discussions with investors and new funding group that could see a value that $100 billion rivaling companies like Northrop Grumman, Lockheed Martin, two sources familiar with the matter.
00:01:03.780The funding ground and valuation reported here for the first time were still fluid.
00:01:07.180One idea that had been floated was for the company to use a two-stage process where investors would need to commit to financing ground at a higher valuation that could occur within a year.
00:01:17.660Sources said the valuation for the second funding could involve and drool meeting with certain financial benchmarks.
00:01:24.520The talks comes as the company has posted booming military sales and generated investor enthusiasm around its suit of drone software missiles.
00:01:32.040amid the U.S. conflict with Iran just two months ago.
00:01:34.660The company doubled its valuation to $61 billion in a $5 billion round.
00:08:37.480I think he sold his company to Facebook for $2 billion, complete capitalist, complete helping the American national defense company save money.
00:08:46.260You know, they say the only thing that stops a bad guy with a gun is a good guy with a gun.
00:08:50.240Well, the only thing that stops a bad military is a good guy that has a good defense company.0.97
00:08:58.120So this Anderil company that he's doing is helping America.