Anduril

Valuation $25B

About Anduril

Anduril Industries is a defense product company that builds technology for military agencies and border surveillance.
Headquarters Anduril, Costa Mesa
Founded 2017-01-01
Industry Aerospace, Artificial Intelligence (AI), Government, Military, National Security
Last Funding Type Series F
Valuation 25
Total Funding $3.67 billion dollars
IPO Status Private

Financial

Anduril Industries secured a $1.5 billion deal, highlighting strong venture capital interest in defense technology.

Anduril Industries is focused on developing advanced defense technologies, including counter-drone systems, aerial vehicles with deployable components, and lattice mesh networks for secure communications. Their innovations extend to rolling and rotating release launching systems for drones, enhancing payload deployment while minimizing drag and environmental impact. They are also advancing auto-focus tracking for remote flying targets, modular RF systems for object detection and tracking, and planning tools for operations involving semi-autonomous drones. Anduril's R&D efforts are geared towards improving military and border surveillance capabilities through sophisticated hardware and software solutions.

Anduril Industries is set to build a new production facility in Rhode Island to produce 200 underwater drones annually. The company has also been awarded a $19 million contract to design, build, and test second-stage rocket motors for the U.S. Navy. Additionally, Anduril is in talks to raise $1.5 billion to increase its valuation to $12.5 billion or more.
Funding Rounds 8
Number of Lead Investors 6
Total Funding Amount  $3.67 billion dollars
Number of Investors 49

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