Anduril Industries builds AI-powered defense hardware and software, fusing artificial intelligence with autonomous systems, sensors, and munitions for the US military and allied governments. The company was founded in 2017 by Palmer Luckey, the designer of the Oculus Rift and founder of Oculus VR, alongside a team of co-founders from Palantir and the broader defense-tech world.
Anduril's valuation doubled to $61 billion in May 2026 after a $5 billion round led by Thrive Capital and Andreessen Horowitz, and the company has since explored a further round that could value it near $100 billion. Total funding raised across its history exceeds $11 billion, making Anduril one of the best-capitalized companies at the intersection of AI and national defense.