Anduril
This company is in the pipeline of America 2030, IPO CLUB’s $50M, actively managed secondary fund focused on U.S. defense, energy, security, and AI.
Founded in 2017, Anduril's headquarters are in Irvine, CA, and it employs around 700 people. The company is part of the Space/Defense and AI/ML verticals at IPO CLUB.
What is Anduril?
Anduril Industries is a U.S.-based defense technology company specializing in autonomous systems, AI-driven military solutions, and advanced surveillance technologies. Founded in 2017 by Palmer Luckey, the company focuses on enhancing national security through cutting-edge innovations.
What does Anduril do?
Unmanned Aerial Systems (UAS) & Counter-UAS (CUAS)
Ghost Drone: Surveillance drone for frontline military operations.
Altius: Fixed-wing, tube-launched UAV deployable from multiple platforms.
Anvil: Autonomous combat drone designed to intercept and neutralize enemy drones.
Sensors & Surveillance Systems
Iris: Advanced airborne imaging and targeting sensor, providing infrared search, missile warning, and visualization capabilities.
Weapon Systems & Aerospace Capabilities
Solid Rocket Motors: Anduril designs and manufactures solid rocket motors for defense and space launch systems.
Operations and Strategic Partnerships
Global Presence: Operates in the U.S., U.K., and Australia, offering advanced surveillance and reconnaissance solutions for military applications.
Technology Partnerships: Collaborates with Google Cloud for AI-powered defense systems and OpenAI for national security applications.
Mergers & Acquisitions:
Acquired Area-I to enhance UAV capabilities.
Acquired Blue Force Technologies to expand into next-generation autonomous aircraft.
Market Position & Industry Impact
Leader in AI-driven military modernization, leveraging autonomous systems, surveillance, and smart weapons.
Rapid expansion into global defense markets, securing key contracts with the U.S. military and allied forces.
Continuous investment in advanced warfare capabilities, reinforcing its position as a top defense innovator.
Anduril Market Position & Industry Impact
Innovation and Competitive Strategy
Silicon Valley Approach: Develops autonomous defense systems and AI-driven technologies ahead of formal military contracts, allowing for faster deployment than traditional contractors.
Self-Funded R&D: Unlike legacy defense firms, Anduril uses private capital to fund innovation, avoiding cost-plus contracting models for faster, cost-efficient production.
Financial Growth & Valuation
Revenue Growth:
2023: $457 million
2024: Estimated $1 billion
2026: Projected $2 billion
Defense Technology Disruption
Leading the AI-driven warfare revolution, specializing in unmanned aerial systems (UAS), counter-UAS, and networked battlefield solutions.
Positioned to capture a significant share of the $38 billion AI defense spending market by 2030.
Global Expansion & Manufacturing Scale
$900 million Arsenal-1 facility in Ohio will mass-produce autonomous systems, creating over 4,000 jobs by 2035.
Rapidly expanding international defense contracts in U.S., U.K., Australia, and allied markets.
Regulatory & Competitive Landscape
Faces strong competition from traditional defense giants (Lockheed Martin, Northrop Grumman), which have established political and procurement advantages.
Subject to strict government regulations, particularly in AI-driven autonomous warfare.
This company is in the pipeline of America 2030, IPO CLUB’s $50M, actively managed secondary fund focused on U.S. defense, energy, security, and AI.
Anduril IPO
IPO Intentions and Timing
Founder’s Strategy: Palmer Luckey has expressed interest in taking Anduril public but remains strategic in timing the IPO based on market conditions.
Market Timing: The IPO will be launched when economic and investor conditions are most favorable.
Anduril Valuation
Current Valuation: $28 billion as of February 2025 (up from $14 billion in August 2024).
Capital Raises: Recently raised $1.5 billion (August 2024) and is currently securing an additional $2.5 billion in funding.
Growth and Revenue Trajectory
Revenue Surge: $1 billion in 2024, with projections for further doubling in upcoming years.
Potential Contracts: Negotiating to replace Microsoft’s role in the IVAS military contract, a deal that could significantly boost revenue and valuation.
Competitive Position and Market Risks
Defense Industry Disruption: Leading innovation in AI-driven defense, autonomous systems, and scalable production, giving it a high-margin, SaaS-like recurring revenue model.
Traditional Competition: Faces strong competition from Lockheed Martin, Northrop Grumman, and other established defense giants.
Investor Interest and Potential IPO Valuation
High Investor Demand: Anduril’s focus on next-gen military technology aligns with U.S. defense priorities, attracting significant investor backing.
Potential Anduril IPO Valuation: If Anduril secures major defense contracts (e.g., IVAS deal), its IPO valuation could reach up to $90 billion.
Anduril Stock Price
Anduril Industries stock is primarily held by founders, employees, and early investors. Until a liquidity event, such as an IPO or M&A transaction, the company remains privately owned. Investors seeking exposure to Anduril should explore opportunities in the private markets, where certain brokers, platforms, or funds may offer access. Anduril is currently in the pipeline for America 2030 IPO CLUB’s $50 million actively managed secondary fund, which focuses on U.S. defense, energy, security, and AI. Investors may also participate through our single-name SPV. To request more information, please click here.
Anduril stock price source: IPO CLUB Valuation at Market©
Become a member for in-depth coverage of Anduril
Is Anduril a public company?
No, Anduril is a private companies, owned by the founders, among which Palmer Luckey has the biggest share, and the following notable investors:
1. Founders Fund
2. Andreessen Horowitz
3. General Catalyst
4. Sands Capital
5. Valor Equity Partners
U.S. Vice President JD Vance
Invested in Anduril during his venture capital career, highlighting the company’s appeal to political and military leadership.
His involvement signals Anduril’s alignment with U.S. defense priorities and national security interests.
How to invest in Anduril
Anduril is a high-profile defense tech company that remains private—meaning retail investors can’t buy shares on public markets. IPO CLUB offers accredited investors exclusive access to secondary shares in companies like Anduril through curated, fully compliant vehicles. To explore available allocations or request the investment memo, click on the button below or contact us directly.
Anduril Funding Rounds
2017 – Seed Funding
Led by Founders Fund, with Brian Singerman spearheading the initial investment.
Established Anduril’s foundation as a defense technology startup.
2019 – Series B ($120M, $1B Valuation)
Raised $120 million from Founders Fund, General Catalyst, and Andreessen Horowitz.
Achieved unicorn status with a valuation exceeding $1 billion.
2020 – Series C ($200M, $2B Valuation)
Secured $200 million from Andreessen Horowitz and Founders Fund.
Doubled its valuation to $2 billion.
2021 – Series D ($450M, $4.6B Valuation)
Raised $450 million from Andreessen Horowitz, 8VC, Founders Fund, General Catalyst, Lux Capital, Valor Equity Partners, and D1 Capital Partners.
Valuation doubled to $4.6 billion.
2024 – Series F ($1.5B, $14B Valuation)
Raised $1.5 billion, led by Founders Fund and Sands Capital.
Used to expand manufacturing capabilities for autonomous weapons systems.
2025 – Series G ($2.5B, $28B Valuation)
Raised $2.5 billion
Doubled Anduril’s valuation to $28 billion pre-money, positioning it as a major defense technology powerhouse.
Anduril unveils Roadrunner & Roadrunner-M
Anduril and America 2030 latest news
Stay up-to-date with all the latest news about Anduril stock, the IPO, and investment opportunities. By clicking here, you'll access real-time updates and in-depth analysis from market experts, empowering you to make informed decisions about your investment journey. Whether you're a seasoned investor or just getting started, our platform is tailored to provide you with all the crucial information you need to navigate the thrilling world of the stock market and IPOs. Dive in and keep your finger on the pulse of the financial markets.
Comprehensive SMR investment analysis comparing Last Energy, Radiant, and Newcleo for private market investors. Last Energy leads with $32B commercial agreements, UK regulatory approval, and 2026 deployment timeline. Radiant secured $225M funding with DOE partnerships. Newcleo targets European markets with €535M raised. Includes funding comparison, risk assessment, and investment recommendations for the rapidly growing small modular reactor sector.