Anduril ARR hits $1B

Anduril Industries, Inc. is a prominent American defense technology company that focuses on advanced autonomous systems designed to enhance military capabilities for the U.S. and allied forces. Founded in 2017 by a team of innovative entrepreneurs and defense experts, including Palmer Luckey, the company aims to leverage advanced technology for defense applications.

Anduril specializes in various high-tech products and services. Among its notable technologies are:

• Autonomous Systems: These include drones and surveillance platforms that can operate independently or with minimal human intervention, supporting reconnaissance and operational missions.

• Lattice Technology: A real-time data processing and visualization platform designed to improve situational awareness and decision-making capabilities in military operations.

• Defense and Security Solutions: This includes advanced sensor systems and integrated defense solutions tailored to meet the evolving challenges in modern warfare.

In August 2024, Anduril raised $1.5 billion in a Series F funding round, valuing the company at $14 billion. It is currently in discussions to secure up to $2.5 billion in funding with a valuation of $28 billion. Its revenue has seen impressive growth, reportedly doubling to around $1 billion last year.