Here's your Forbes Daily Briefing for Sunday, June 22nd. Today on Forbes, megafunding round

makes Anderil co-founder a billionaire. In early June, Anderil announced that it had raised a

mega funding round led by Founders Fund, valuing the company at more than $30 billion, doubling its valuation

in less than a year. The deal also minted a new Defense Tech billionaire, company chairman

Trey Stevens. The Forbes Midas List alum, who was also a partner at Founders Fund, which

led the round with a $1 billion investment its largest ever,

owns more than 3% of Anderl, according to Forbes' estimates, pushing his net worth beyond $1 billion.

Stevens and Anderl declined to comment.

Booming investor appetite for military startups has helped make Stevens the latest entrant to a group of

billionaires who have built fortunes selling weapons systems to the government. His Anderil

co-founder, Palmer Lucky, is worth $3.6 billion, Forbes estimates, while Alex Karp, the co-founder and

CEO of Military Software firm Palantir, is worth $11.9 billion. Since launching in

2017, Anderil has been at the forefront of a new generation of venture-backed startups

making weapons, drones, and software for the military, an ecosystem that is increasingly being

embraced by the Trump administration.

Last month, Anderil emerged as a frontrunner, alongside SpaceX and Palantir,

to develop a weapon system for Trump's proposed $175 billion Golden Dome for America plan,

which aims to combat missile threats.

Stevens has taken an atypical route to becoming a Silicon Valley billionaire.

After stints in multiple political offices and the intelligence community,

he was an early employee at Palantir, which was co-founded by Peter Thiel.

The famed investor convinced him to join Founders Fund in 2014 as a partner.

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