Anduril Industries

About Anduril Industries

What happened

Timeline

1. 2026-05Raised a $5 billion Series H at a $61 billion valuation.^{Source [6]Source [7]}
2. 2026-03Agreed to acquire ExoAnalytic Solutions, a space domain awareness company.^{Source [11]}
3. 2026-01Announced a second Southern California campus in Long Beach; headquarters remain in Costa Mesa.^{Source [13]}
4. 2025-10YFQ-44A Fury began flight testing for the Air Force Collaborative Combat Aircraft program.^{Source [14]Source [11]}
5. 2025-09Won a $159 million Army prototyping award for Soldier Borne Mission Command, the follow-on to IVAS.^{Source [17]}
6. 2025-06Raised $2.5 billion at a $30.5 billion valuation, led by Founders Fund.^{Source [8]}
7. 2025-02Partnered with Microsoft to take over production and development for the Army's IVAS program.^{Source [11]Source [17]}
8. 2025-01Announced Arsenal-1, a manufacturing facility in Ohio backed by nearly $1 billion of its own investment.^{Source [15]Source [17]}
9. 2024-08Raised $1.5 billion at a $14 billion valuation.^{Source [9]Source [10]}
10. 2022-12Raised $1.48 billion in Series E funding.^{Source [11]}
11. 2022-02Acquired Dive Technologies, expanding into undersea vehicles.^{Source [18]}
12. 2021-06Raised $450 million at a $4.6 billion valuation.^{Source [12]}
13. 2021-04Acquired Area-I, maker of the Altius air-launched drones.^{Source [19]}
14. 2017Founded by Palmer Luckey, Brian Schimpf, Trae Stephens, Matt Grimm and Joe Chen.^{Source [3]Source [1]}

Products and brands

• Lattice: AI software platform that fuses sensor data and commands autonomous systems.^{Source [12]Source [3]}
• Fury (YFQ-44A): Autonomous collaborative combat aircraft for the U.S. Air Force CCA program.^{Source [14]Source [20]}
• Sentry: Autonomous surveillance towers used for border and base security.^{Source [12]Source [20]}
• Ghost: Small autonomous unmanned aircraft for reconnaissance.^{Source [12]Source [20]}
• Altius: Tube-launched unmanned aircraft family from the Area-I acquisition.^{Source [19]Source [20]}
• Barracuda: Family of air-breathing cruise missiles designed for mass production.^{Source [11]Source [20]Source [4]}
• Dive-LD and Ghost Shark: Autonomous undersea vehicles.^{Source [18]Source [20]Source [4]}
• EagleEye: Helmet-worn mixed reality system that brings mission command and AI to soldiers.^{Source [11]Source [17]}

How it makes money: Anduril funds product development itself and sells finished systems and software to defense customers, rather than relying mainly on cost-plus development contracts; as of 2025 it spent more than 60% of revenue on R&D, according to Contrary Research.^{Source [3]}

Leadership

Funding and financials

Valuation

$61 billion (May 2026)^{Source [6]Source [7]}

Revenue

$2.2 billion (2025)^{Source [7]}

Revenue

About $1 billion (2024)^{Source [8]}

Notable acquisitions

Links

• Website
• Wikipedia