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Palmer Luckey says Anduril’s $1.2 million prize is just the start of stopping wildfires: 'Even small improvements save a lot.

MarketRead the original at benzinga.com
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Lockheed gave $1,000,000 tied to Anduril's detection test, showing interest in the tech but not a contract or clear business change.

LMT · Lockheed Martin

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The $1,000,000 prize shows Lockheed is funding and watching autonomous wildfire detection. The amount is tiny versus Lockheed's $121,091,293,184 market cap and is not a procurement deal. The competition showed quick detection but no team fully extinguished the test fire, so the technology still needs work before changing Lockheed's business outlook.

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