Anduril Industries
Private- HQ
- Costa Mesa, California, US
- Founded
- 2017
- Founders
- Palmer Luckey, Trae Stephens, Matt Grimm, Brian Schimpf, Joe Chen
- Products
- Anvil, Ghost, Barracuda, Roadrunner drone/munition systems; Lattice autonomy software
Builds defense drones and autonomous systems sold through large government contracts rather than individual unit sales — including a 10-year, up-to-$20B US Army enterprise framework (March 2026) — a contract-concentrated revenue model unlike DJI's civilian-market business.
Key numbers, at a glance
Valuation by funding round
Crunchbase / TechCrunch / company announcements, compiled through May 2026
Funding
~$11.3B raised across 8 rounds (aggregator estimate), including a $5B Series H (May 2026) that doubled its valuation to $61B
Key investors
Thrive Capital, Andreessen Horowitz and others
Last checked: 2026-07-12
Vehicle & product lineup
Products & deep dives
The History of Anduril Industries
From a week-after-leaving-Facebook recruiting lunch to a $61 billion valuation in under nine years — how Anduril built a venture-backed defense prime around a border-surveillance tower, then expanded into drones, interceptors, an autonomous fighter jet, and a $20 billion US Army contract, while drawing sustained criticism over autonomous weapons.
Palmer Luckey: From Oculus to Anduril
A homeschooled teenager who built VR headsets in a camper trailer, sold a company to Facebook for $2 billion at 21, was pushed out over a political donation at 24, and at 25 founded a defense company now valued at $61 billion — without ever holding its CEO title.