Anduril agreed to acquire ExoAnalytic Solutions, a missile- and satellite-tracking company, to expand space-domain awareness and missile-defense capabilities; financial terms were not publicly disclosed.
SourceDefense technology company building autonomous systems.
Public company, workplace, funding, and market signals
Updated Aug 2, 2026
Anduril Industries, Inc. is a privately held defense-technology company founded in 2017 that develops AI-, autonomy-, robotics-, sensor-, software-, and aerospace-enabled systems for the United States and allied governments. It self-funds much of its R&D, develops products before government procurement, and sells finished systems and software intended to move from concept to deployment in months rather than years.
Primary product
Lattice, an AI-enabled autonomous command-and-control and sensemaking platform that fuses data from distributed sensors and connects software, hardware, and autonomous systems across air, land, sea, and space.
Founded
2017
Headquarters
Costa Mesa, California, United States (Orange County)
Team size
Approximately 5,000–6,000; Anduril said its workforce nearly doubled over the year ending 2025, while third-party company data lists approximately 5,985 employees.
Work style
Flexible
Industry
Defense and Space Manufacturing
Sub-industry
Defense technology, autonomous systems, military AI, aerospace, robotics, and command-and-control software
Offices
Business model
Stage
Late-stage private / Series H, generating revenue
Total raised
$11.3B
Latest round
Series H · May 2026
Latest amount
$5B
May 2026 · Thrive Capital and Andreessen Horowitz
Planned / In‑progress (reported)
Mar 2026 · Reported interest from Thrive Capital and Andreessen Horowitz (a16z) [TechCrunch](https://techcrunch.com/2026/03/03/anduril-aims-at-60-billion-valuation-in-new-funding-round) [Reuters](https://www.reuters.com/business/anduril-set-double-its-valuation-with-4-billion-funding-round-source-says-2026-03-03)
Series G / later-stage financing
Dec 2025
Jun 2025 · Founders Fund
Aug 2024 · Founders Fund and Sands Capital
Dec 2022 · Valor Equity Partners
Jun 2021 · Elad Gil
Sep 2020
Jul 2020 · Andreessen Horowitz
Sep 2019 · Founders Fund and General Catalyst
Jun 2018 · (not publicly listed) [Crunchbase Series A listing](https://www.crunchbase.com/funding_round/anduril-industries-series-a--32661f15)
Leadership
Co-Founder and Chief Executive Officer
Founder; strategic/product figure
Trae Stephens
Co-Founder and Executive Chairman
Co-Founder and Chief Operating Officer
President and Chief Strategy Officer
President and Chief Business Officer
Matthew Kaplan
Senior Vice President, Corporate Operations
Joseph Larson
Senior Vice President, National Security Operations
David Goodrich
Executive Chairman and Chief Executive Officer, Anduril Asia-Pacific
Vice President, Autonomous Airpower
Founders
Co‑Founder & Chief Executive Officer [Anduril Leadership](https://www.anduril.com/anduril-leadership)
Joseph Chen
Co-Founder
Co‑Founder [Anduril Leadership](https://www.anduril.com/anduril-leadership)
Co‑Founder & Chief Operating Officer [Anduril Leadership](https://www.anduril.com/anduril-leadership)
Founder [Anduril Leadership](https://www.anduril.com/anduril-leadership)
Trae Stephens [Anduril Leadership](https://www.anduril.com/anduril-leadership)
Co‑Founder & Executive Chairman [Anduril Leadership](https://www.anduril.com/anduril-leadership)
Investors
Mission-driven, high-intensity, engineering- and product-led culture emphasizing speed, ownership, working in the office or field, rapid iteration, and direct deployment to real-world missions. Anduril says veterans comprise more than 12% of its team and describes its workforce as a combination of Silicon Valley engineers and military veterans. The company is not presented as remote-first; work arrangements vary by role and location.
Work style
Flexible
Visa sponsorship
Limited
Compensation
Public U.S. engineering postings show base-salary examples roughly from $144,000–$292,000 depending on role and seniority, plus highly competitive equity grants for most full-time offers. Job postings state that sponsorship requirements are role-specific; public labor-data aggregators show some historical H-1B/PERM activity, so sponsorship should be treated as limited rather than universal.
Benefits
Pricing
Generally undisclosed, negotiated government procurement and production pricing; the Army enterprise agreement establishes pre-negotiated terms, range pricing, and volume discounts. Lattice and related products are sold through contracts, task orders, production lots, licenses, and integrated hardware/software support rather than public list prices.
Differentiators
Technology
Customers
Competitors
Estimated revenue
Approximately $2.0B–$2.5B annual revenue; Anduril reported $2.2B for 2025. Third-party projections of approximately $4.3B for 2026 are estimates, not company-reported actuals.
Estimated monthly visits
522K
Traffic estimate as of Jun 2026
Anduril agreed to acquire ExoAnalytic Solutions, a missile- and satellite-tracking company, to expand space-domain awareness and missile-defense capabilities; financial terms were not publicly disclosed.
SourceReuters reported that Anduril was discussing a possible financing that could imply approximately a $100 billion valuation. Anduril said no decisions had been made and described claims about terms, structure, pricing, or timing as speculative; this is not a closed round.
SourceThe Army enterprise agreement has a ceiling of up to $20 billion over 10 years, but the Army and Anduril clarified that this is a maximum potential contract-vehicle value, not obligated revenue. This creates both large upside and exposure to government procurement, budget, and execution risk.
SourceDefense News · Jul 2026
The first YFQ-44A was produced at Arsenal-1 in Ohio. The facility is planned as a 5-million-square-foot, approximately $1 billion manufacturing campus with capacity reported at up to 150 aircraft annually.
Reuters via Defense News · Jul 2026
Reuters reported that Anduril was considering a financing structure that could imply about a $100 billion valuation, while the company said no financing decision had been made.
Anduril Industries · Jun 2026
The Air Force selected Anduril’s FQ-44 for Collaborative Combat Aircraft production, with additional production lots planned and a parallel competition for mission-autonomy software.
U.S. Army · Mar 2026
The Army consolidated more than 120 procurement actions into a 10-year enterprise agreement with a maximum potential value of $20 billion; the value is a ceiling, not obligated revenue.
Anduril Industries · Mar 2026
Anduril announced its acquisition of ExoAnalytic Solutions to add space-domain-awareness, satellite tracking, and missile-defense capabilities; terms were undisclosed.
1000 jobs at Anduril Industries