Anduril Industries

Quick read

Anduril Industries, defense technology company, founded 2017, headquartered in Costa Mesa, California. It builds autonomous weapons systems, drones, and AI-powered defense software under its Lattice platform, competing directly with legacy primes like Lockheed Martin and Northrop Grumman. In May 2026 it closed a $5B Series H at a $61B valuation — doubling its valuation in under a year — and posted $2.2B in 2025 revenue with $4.3B projected for 2026.

Key facts

Founded

2017

Founders

Palmer Luckey, Brian Schimpf, Trae Stephens, Matt Grimm, Joseph Chen

Employees

~8,000

Sectors

hardware, security, ai

Website

www.anduril.com

Mission

Build advanced autonomous systems and AI-powered defense technology at commercial speed and scale, enabling the U.S. and allied militaries to field mass-produced autonomous weapons, sensors, and software faster than near-peer adversaries — treating production capacity itself as a strategic asset.

Recent activity

• Jul 2026fundraise
  Anduril in talks to raise a new funding round at a ~$100 billion valuation — more than 3x its $30.5 billion mark from June 2025. techcrunch.com
• May 2026fundraise
  Anduril closed a $5 billion Series H round led by Thrive Capital and Andreessen Horowitz at a $61 billion valuation, doubling its valuation in 12 months. Revenue hit $2.2 billion in 2025, with $4.3 billion projected for 2026. reuters.com
• May 2026product
  The U.S. Army ordered a minimum of 3,000 Barracuda-500M cruise missiles. Separately, the Pentagon announced an agreement with Anduril and partners to purchase 10,000+ low-cost hypersonic missiles over three years. themerge.co
• May 2026product
  Anduril announced its industry consortium for the Golden Dome space-based missile interceptor program alongside Northrop, Raytheon, SpaceX, and Lockheed, as part of the U.S. Space Force initiative. The effort is part of roughly $3.2 billion in Space Force agreements split across ~12 firms. reuters.com
• Mar 2026product
  The U.S. Army awarded Anduril a firm-fixed-price contract vehicle with a ceiling of up to $20 billion over ten years, folding more than 120 prior Anduril contracts into a single government-wide ordering mechanism. The first task order covered counter-drone work. themerge.co
• Mar 2026product
  Arsenal-1, Anduril's Ohio manufacturing facility, came online roughly four months ahead of schedule. The YFQ-44A Fury autonomous combat aircraft — which completed its first flight in October 2025 — entered production there. themerge.co
• May 2025product
  Anduril partnered with Meta to develop extended-reality (XR) technology for U.S. military applications. anduril.com
• Jun 2025fundraise
  Anduril raised $2.5 billion in a Series G round at a $30.5 billion valuation, led by Founders Fund. techcrunch.com
• May 2026product
  The Pentagon reached agreements with Anduril and partners to purchase 10,000+ low-cost containerized missiles. siliconvalleyinvestclub.com
• May 2026product
  Anduril is leading an industry team — with K2 Space, Voyager, and Impulse Space — to develop space-based interceptors for President Trump's $185 billion Golden Dome missile defense program. siliconvalleyinvestclub.com
• Mar 2026investment
  The U.S. Army awarded Anduril a 10-year enterprise contract with a ceiling of $20 billion. siliconvalleyinvestclub.com
• Feb 2026product
  Anduril began producing Fury combat drones at its Arsenal-1 hyperscale factory near Columbus, Ohio — months ahead of schedule. Arsenal-1 is being built in partnership with Ohio State University. siliconvalleyinvestclub.com

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

• Brian Schimpf · CEO & Co-Founder
• Palmer Luckey · Co-Founder
  Brief →
• Trae Stephens · Executive Chairman & Co-Founder
• Matt Grimm · COO & Co-Founder
• Joseph Chen · Co-Founder
• Joe Chen · Co-founder

Sources

• US defense firm Anduril raises $5 billion, doubling its valuation to $61 billion | Reuters
• Anduril doubles valuation amid soaring interest in defense tech companies - Los Angeles Times
• Anduril's Massive Raise Makes Its CEO Into A Billionaire | Forbes
• Anduril Industries Business Breakdown & Founding Story | Contrary Research
• Anduril revenue, valuation & funding | Sacra
• Anduril Industries - Wikipedia
• Inside Anduril: Meet the quiet engineer-CEO building America's weapons startup | Fortune
• Anduril Raises $5 Billion in Funding and Is Valued at $61 Billion - NYT
• https://www.linkedin.com/posts/david-goodrich-oam-4645b26_letsgo-activity-7460462210528571392-wC_J?utm_source=social_share_send&utm_medium=member_desktop_web&rcm=ACoAAGmZoysBWcI7mvtcjwmBvVIjd4fPjtSmqBQ
• https://www.linkedin.com/posts/bryce-lockerson-28079a293_andurils-role-as-flagship-sponsor-of-bluetide-activity-7463594700395024384-w6PP?utm_source=social_share_send&utm_medium=member_desktop_web&rcm=ACoAAGmZoysBWcI7mvtcjwmBvVIjd4fPjtSmqBQ
• https://www.linkedin.com/in/justin-buckley-1a759311/
• https://www.sotwe.com/anduriltech
• https://www.linkedin.com/in/andrew-mcmahon-0b82418a/
• https://www.linkedin.com/in/mttgrmm/
• https://www.linkedin.com/in/william-jernigan-7636b522a/
• https://www.linkedin.com/in/mikepatrickmchugh/
• https://siliconvalleyinvestclub.com/2026/05/14/anduril-industries-raises-5-billion-at-a-61-billion-valuation/
• https://siliconvalleyinvestclub.com/anduril-industries/
• https://siliconvalleyinvestclub.com/2026/02/17/anduril-industries-to-raise-8-billion-at-a-60-billion-valuation/
• https://x.com/anduriltech/status/1889347525297180696
• https://techcrunch.com/2026/07/24/anduril-reportedly-in-talks-to-raise-funding-at-100b-valuation-more-than-3x-last-years-mark/
• https://themerge.co/p/anduril
• https://www.reuters.com/company/anduril-industries-inc/
• https://www.anduril.com/article/anduril-and-meta-team-up-to-transform-xr-for-the-american-military/
• https://techcrunch.com/2025/06/05/anduril-raises-2-5b-at-30-5b-valuation-led-by-founders-fund/

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