Anduril Industries

Anduril Industries is a Defense Autonomy company founded in 2017 and based in Costa Mesa, United States. It has raised $11.2B in total funding, most recently a Series H in 2026 at a $61B valuation.

Anduril Industries is a defense technology company that designs, builds, and deploys autonomous systems and AI-enabled hardware for military and national security applications. Its product portfolio spans surveillance towers, counter-drone systems, autonomous underwater vehicles, loitering munitions, and autonomous fighter aircraft, all powered by the company's Lattice AI operating system. Founded in 2017 by Palmer Luckey (inventor of the Oculus Rift), Brian Schimpf, Trae Stephens, Matt Grimm, and Joe Chen, Anduril has positioned itself as a commercial-first alternative to traditional defense primes. The company builds products on its own balance sheet and sells them to governments, inverting the cost-plus contracting model. It has won major U.S. Department of Defense programs including the Collaborative Combat Aircraft. Anduril doubled revenue to $2.2B in 2025 and in May 2026 closed a $5B Series H led by Thrive Capital and Andreessen Horowitz at a $61B valuation — more than double its $30.5B Series G valuation from June 2025. Total capital raised exceeds $11B. The company employs roughly 7,000 people.

Anduril is the flag-bearer of a new generation of venture-backed defense primes applying Silicon Valley speed, software-first architecture, and autonomous systems to traditional military hardware, directly challenging Lockheed, Raytheon, and Northrop.

anduril.com Defense Autonomy

United Statesprivate

At a glance

Total raised

$11.2B

last round series h

Headcount

5000+

approximate · public range

Headquarters

Costa Mesa

United States

Founded

2017

9 years active

Status

Private

Defense Autonomy

Latest valuation

Funding history

Total raised

$11.2B

Rounds tracked

Latest stage

Series H

Latest valuation

$61B

Date	Stage	Amount	Valuation	Lead investors
Jun 5, 2025	Series G	$2.5B	$30.5B	Founders Fund

How they make money

Founder backgrounds

Brian Schimpf

Co-Founder & CEO

Studied operations research and industrial engineering at Cornell University, where he founded and led the school's autonomous vehicle research program and competed in DARPA's Grand Challenge. Was an early hire at Palantir Technologies, spending nearly a decade there and rising to Director of Engineering while building the Foundry product now deployed across government and industry. Co-founded Anduril alongside Palmer Luckey, leveraging that Palantir-era experience in government software and Cornell-rooted work in autonomy. A self-described "lifelong Democrat," he has publicly argued that the US defense industry needs Silicon Valley's technology to maintain military superiority, an unusual political stance in a tech sector that often avoids defense work.

Joe Chen

Co-Founder

Co-founded Anduril in 2017 alongside Palmer Luckey, Trae Stephens, Matt Grimm, and Brian Schimpf. Previously was one of the first employees at Oculus VR, where he served as Product Lead working on hardware development and ran non-gaming developer relations. After Oculus, he continued building in the VR space, focusing on new camera technologies and capture techniques. Holds a B.A. in Electrical Engineering from Rice University and an MBA from USC. Distinctively, after a decade in engineering and product roles, he enlisted in the U.S. Army National Guard and served as a paratrooper in the 1-143rd Infantry Battalion (Airborne)—a background that closely aligns with Anduril's mission to put advanced technology directly into the hands of warfighters.

Matt Grimm

Co-Founder & COO

Co-founded Anduril in 2017 alongside Palmer Luckey, Brian Schimpf, and Trae Stephens. Previously served as a Principal at Mithril Capital Management, the Peter Thiel-backed growth-stage venture firm. Before that, was an early hire at Palantir Technologies, where he deployed to both Iraq and Afghanistan in operational and technical roles supporting U.S. forces. Began his career as a consultant at Booz Allen Hamilton, advising the Defense Intelligence Agency and the U.S. Navy. Holds BS and MEng degrees in Systems Engineering from Cornell University, where he and Brian Schimpf (now Anduril's CEO) co-founded the university's autonomous vehicle entry into the DARPA Grand Challenge — a project that directly presaged the company's focus on autonomous systems. As COO, Grimm runs Anduril's operational core: facilities, security, supply chain, production, and logistics.

Palmer Luckey

Co-Founder

Founded Oculus VR in 2012 at age 19, building the Oculus Rift prototype in his parents' garage and raising $2.4M on Kickstarter before selling the company to Facebook in 2014 for roughly $2 billion. Homeschooled in Long Beach, Luckey took community college courses from age 14 and later studied journalism at California State University, Long Beach, but dropped out to pursue VR full-time. After departing Facebook in 2017, he launched Anduril Industries, a defense-tech company now valued at tens of billions, building autonomous systems, drones, and AI-powered military hardware. Luckey is known for an unapologetic, often provocative public posture — appearing in Hawaiian shirts at Pentagon meetings and openly framing his work as a mission to modernize American military technology.

Trae Stephens

Co-Founder & Executive Chairman

Graduated from Georgetown University's School of Foreign Service and began his career as a computational linguist within the US intelligence community. He was one of the earliest employees at Palantir Technologies (joined ~2008), where he led teams focused on intelligence/defense growth and international expansion. That experience seeded the thesis that the Pentagon was drastically underinvesting in software-defined hardware — a conviction he took with him to Founders Fund, where he is a partner. In 2017, he co-founded Anduril alongside Palmer Luckey, and has since also co-founded Sol (a wearable e-reader) and Varda Space Industries. He publicly strikes an outspoken, often critical posture toward both congressional dysfunction and Silicon Valley's reluctance to engage with defense, arguing the U.S. is ceding strategic advantage to China.

Most recent patents

Anduril Industries, Inc.·2026-03-03
Modular System For Detecting, Tracking, And Transmitting To Identified Objects
US12568602
Abstract
Modular System For Detecting, Tracking, And Transmitting To Identified Objects
US12568602
Abstract A modular, radio frequency (“RF”) system includes one or more directional antennas and is configured with both hardware and software components to enable the RF system to monitor (e.g., detect or track signals or objects) and/or interact with (e.g., track signals or objects, or transmit signals) objects in particular directions. The RF system includes one or more machine learning models to determine, based on received signals, one or more signals to transmit.
View on Google Patents
Anduril Industries, Inc.·2026-02-24
System And Method For Detection And Classification Using A Statistical Feature Vector
US12561945
Abstract
System And Method For Detection And Classification Using A Statistical Feature Vector
US12561945
Abstract The present application discloses a method, system, and computer system for performing object detection and/or classification. The method includes (i) obtaining sensor data, (ii) processing the sensor data to obtain hypercube data representing the sensor data, (iii) transforming a data representation of the sensor data to obtain a statistical feature vector representing the sensor data, wherein the data representation is transformed based at least in part on processing the data representation using a Multistage Wiener Filter (MWF), (iv) performing an object detection and/or classification based at least in part on analyzing the statistical feature vector using a machine learning model, and (v) providing an indication of the object detection and/or classification.
View on Google Patents
Anduril Industries, Inc.·2026-02-10
Modular System For Detecting, Tracking, And Transmitting To Identified Objects
US12546851
Abstract
Modular System For Detecting, Tracking, And Transmitting To Identified Objects
US12546851
A modular, radio frequency (“RF”) system includes one or more directional antennas and is configured with both hardware and software components to enable the RF system to monitor (e.g., detect or track signals or objects) and/or interact with (e.g., track signals or objects, or transmit signals) objects in particular directions. The RF system includes one or more machine learning models to determine, based on received signals, one or more signals to transmit.
View on Google Patents
Anduril Industries, Inc.·2026-02-10
Detecting, Tracking, And Transmitting To Identified Objects Using Models In A Modular System
US12546878
Abstract
Detecting, Tracking, And Transmitting To Identified Objects Using Models In A Modular System
US12546878
A modular, radio frequency (“RF”) system includes one or more directional antennas and is configured with both hardware and software components to enable the RF system to monitor (e.g., detect or track signals or objects) and/or interact with (e.g., track signals or objects, or transmit signals) objects in particular directions. The RF system includes one or more machine learning models to determine, based on received signals, one or more signals to transmit.
View on Google Patents
Anduril Industries, Inc.·2025-12-16
Foldable Propeller Blade With Locking Mechanism
US12497159
Abstract
Foldable Propeller Blade With Locking Mechanism
US12497159
Abstract An unmanned aerial vehicle with deployable components (UAVDC) may comprise a foldable propeller blade with a locking mechanism. Foldable propeller blades may have a stowed configuration and a deployed configuration relative to the UAVDC, and the foldable propeller blades may pivot about a hinge to move between configurations. In the deployed configuration, the foldable propellor may experience forward folding forces acting upon it. The locking mechanism may lock the foldable propeller blade in the deployed configuration. The locking mechanism may keep the foldable propeller locked into place to prevent forward folding tendency.
View on Google Patents
Anduril Industries, Inc.·2025-12-09
Aerial Vehicle With Deployable Components And Configurable Gearbox
US12491983
Abstract
Aerial Vehicle With Deployable Components And Configurable Gearbox
US12491983
Abstract An unmanned aerial vehicle with deployable components (UAVDC) is disclosed. The system may include a sweeping gearbox designed to deploy at least one wing from a compact to a deployed arrangement. A controller may be configured to detect launch conditions, monitor for conditions, and trigger the gearbox upon condition fulfillment. Activation of the sweeping gearbox may result in wing deployment, adapted to the detected conditions. The method may involve deploying wings using the sweeping gearbox, launching detection, monitoring for conditions, and activating the gearbox for wing deployment upon condition detection.
View on Google Patents
Anduril Industries, Inc.·2025-11-18
Fuel Measurement For Vertical Take-Off Dual-Engine Aircraft
US12473078
Abstract
Fuel Measurement For Vertical Take-Off Dual-Engine Aircraft
US12473078
Abstract The present application discloses an aircraft configured for vertical take-off and landing and horizontal flight. The aircraft includes one or more processors configured to control distribution of fuel among a plurality of aircraft fuel tanks. Controlling the distribution of fuel includes: (a) determining a first fuel level in a first nacelle fuel tank, wherein the first nacelle fuel tank is configured to provide a supply of fuel to a first engine during both (i) a vertical take-off and land operation, and (ii) a horizontal flight operation, (b) determining a fuselage fuel level in a fuselage fuel tank, and (c) determining whether to redistribute fuel across at least the first nacelle fuel tank and the fuselage fuel tank based at least in part on the first fuel level and the fuselage fuel level.
View on Google Patents
Anduril Industries, Inc.·2025-11-04
Modular System For Detecting, Tracking, And Transmitting To Identified Objects
US12463356
Abstract
Modular System For Detecting, Tracking, And Transmitting To Identified Objects
US12463356
A modular, radio frequency (“RF”) system includes one or more directional antennas and is configured with both hardware and software components to enable the RF system to monitor (e.g., detect or track signals or objects) and/or interact with (e.g., track signals or objects, or transmit signals) objects in particular directions. The RF system includes one or more machine learning models to determine, based on received signals, one or more signals to transmit.
View on Google Patents