Anduril Industries, Inc.

Founded in 2017 and based in Orange County, CA, Anduril Industries, Inc. is a defense technology firm that specializes in autonomous systems and advanced solutions for military applications, enhancing security and surveillance operations globally. Founded in 2017 and based in California, US, Anduril Industries, Inc. provides advanced defense systems combining AI, autonomous vehicles, sensor networks, and real‑time command & control software to enhance military surveillance, threat detection, and operational capabilities.

The company was founded by Palmer Luckey, Trae Stephens, Matt Grimm, Joe Chen, and Brian Schimpf. In March 2026, Anduril Industries, Inc. is raising approximately USD 4 billion in venture funding co-led by returning investors Thrive Capital and Andreessen Horowitz, with participation from other returning investors Lux Capital and Founders Fund. The funding is valuing the company at approximately USD 60 billion post-money.

Anduril Industries specializes in advanced technology solutions for military applications, particularly through its family of autonomous systems powered by the Lattice operating system. These systems provide integrated, persistent awareness and security across land, sea, and air, enabling a range of intelligence, surveillance, reconnaissance, and targeting missions. Key offerings include the Barracuda family of air-breathing Autonomous Air Vehicles (AAVs), designed for mass production and adaptability in various mission profiles, and the Dive-LD Autonomous Underwater Vehicle, optimized for deep-sea operations. Anduril’s products are primarily utilized by U.

S. military personnel, allied defense forces, and government agencies focused on national security, operating in markets that include North America, Europe, and the Indo-Pacific region. Anduril Industries generates revenue through strategic contracts and partnerships with defense agencies and military organizations. The company engages in direct-to-government sales, typically involving large-scale procurements of its flagship products, such as the Barracuda and Dive-LD systems.

These transactions are structured as project-based contracts, with payments tied to specific milestones or deliverables outlined in the agreements. Additionally, Anduril may offer services related to the integration and maintenance of its autonomous systems, further enhancing its revenue streams. While specific pricing plans for individual products or services are not disclosed, the company’s focus on high-volume production positions it effectively within the defense market. The company will use the March 2026 funding to support various projects, including the construction of a facility in Ohio for the mass production of products like aerial and maritime drones.