Anduril Industries

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Military Tech?
Product stageSegments
Go-to-Market
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Robotics and autonomous systems
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Anduril Industries is a defense technology company founded in 2017 by Palmer Luckey, Brian Schimpf, Trae Stephens, Matt Grimm, and Joseph Chen. The company specializes in developing advanced autonomous systems and artificial intelligence for military and border security applications. Anduril's product lineup includes autonomous drones, underwater vehicles, surveillance towers, and an AI-powered operating system called Lattice. The company's flagship offerings include the Sentry Towers for border surveillance, various drone models like Ghost and Altius, and the ALTIUS-600 million loitering munition with a range of 440 km and over four hours of endurance. Anduril's technology focuses on providing autonomous detection, classification, and tracking of targets, enabling faster decision-making in military operations. The company has adopted a software-first approach, allowing for rapid deployment and updates of its systems. In January 2022, Anduril secured a USD 1 billion contract with US Special Operations Command to lead counter-drone integration work. As of December 2022, Anduril was valued at USD 8.5 billion.

Key customers and partnerships

Anduril's primary customers include various branches of the US military, such as the US Air Force, Marine Corps, and Special Operations Command. The company has also secured contracts with the US Department of Defense and border security agencies. In May 2022, Anduril entered into a USD 100 million co-funded program with the Australian military to develop extra-large autonomous undersea vehicles for the Royal Australian Navy. The company has established partnerships with American Rheinmetall Vehicles, Fabcon, and the Royal Navy. Anduril's technology has been deployed in various military exercises and real-world scenarios, including use in Ukraine as of December 2023.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
2722 Michelson Drive Costa Mesa CA USA
Founded year:
2017
Employees:
1,001-5,000
IPO status:
Private
Total funding:
USD 3.7 bn
Last Funding:
USD 1.5 bn (Series F; Aug 2024)
Last valuation:
USD 14.0 bn (Aug 2024)
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