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    Anduril

    Anduril

    Late Stage · Wholesale investors only

    Valuation (May 2026)

    $61B

    Revenue, 2025

    $2.2B

    Ghost Shark award

    A$1.7B

    Founded

    2017

    Figures from Anduril's own newsroom (Series H post, 13 May 2026, with the CEO's investor letter; Ghost Shark release, 9 Sep 2025) and its Leadership page. The Ghost Shark figure is a Royal Australian Navy Program of Record awarded to Anduril Australia, not revenue. Valuations are historical events, not an offer price.

    Historical events, not an offer price

    Financing milestones

    1. 1Dec 2022

      Series E funding

      $1.48B

      Valuing the company at $8.48B (pre- or post-money not stated); led by Valor Equity Partners

    2. 2Aug 2024

      Series F round

      $1.5B

      Values the company at $14B (pre- or post-money not stated); co-led by Founders Fund and Sands Capital

    3. 3May 2026

      Series H raise

      $5B

      Brings valuation to $61B (pre- or post-money not stated); led by Thrive Capital and Andreessen Horowitz

    “Anduril’s core product is Lattice: an autonomous sensemaking platform…”

    Anduril, Mission page

    An illustration: small points in four bands labelled Space, Air, Land and Sea send thin lines into one shared disc carrying the Anduril logo, where loose points settle into a single, regular lattice.

    Illustration: an abstract network drawn for this page, not Lattice output.

    About Anduril

    In its own words: “Anduril is a defense products company.” Its stated mission is to “transform U.S. and allied military capabilities with advanced technology at scale”.

    Company Highlights

    • $5B Series H raise in May 2026, bringing its valuation to $61B — led by Thrive Capital and Andreessen Horowitz.
    • Revenue more than doubled in 2025, reaching $2.2B, according to the CEO's investor letter published with the Series H.
    • A$1.7B (US$1.12B) Program of Record from the Royal Australian Navy for a fleet of Ghost Sharks, awarded in Sep 2025; Anduril's Ghost Shark factory in Sydney opened in Oct 2025.
    • Arsenal-2, announced in Oct 2026: a software-defined shipyard backed by a $3.7B private capital investment by Anduril, alongside a U.S. Navy contract of up to $2.9B.
    • Founded in 2017 and headquartered in Costa Mesa; its production network includes Arsenal-1 in Ohio, Quonset Point in Rhode Island, the Ghost Shark factory in Sydney, a rocket motor facility in McHenry, Mississippi, and more than 15 additional production sites.

    Source: Anduril's newsroom (13 May 2026, 6 Oct 2026, 31 Oct 2025, 9 Sep 2025 and 22 Jan 2026) and its Leadership page.

    Anduril is a defense products company.

    Anduril’s own description

    A schematic, not a map, with the Anduril logo: the four production sites Anduril names light up one after another along a line (Arsenal-1 in Ohio, Quonset Point in Rhode Island, the Ghost Shark factory in Sydney and McHenry in Mississippi), followed by a field of fine marks for its more than 15 additional production sites.

    Sites as named in Anduril’s newsroom, 6 Oct 2026. A schematic, not a map.

    From the Anduril newsroom

    1. Anduril6 Oct 2026Anduril, U.S. Navy Invest $6.6 Billion to Expand America's Submarine Industrial Base
    2. Anduril5 Oct 2026Anduril Continues to Scale Next-Generation Command and Control Across the Army
    3. Anduril29 Sep 2026Anduril and Voyager Establish Strategic Partnership Across Advanced Weapons and Propulsion
    4. Anduril17 Jun 2026Anduril Wins Production Contract for U.S. Air Force CCA Program
    5. Anduril13 May 2026Anduril Announces $5B Series H Raise

    Headlines and dates as published in Anduril's own newsroom on anduril.com.

    Transform U.S. and allied military capabilities with advanced technology at scale.

    Anduril’s mission

    A bar chart drawn to scale, with the Anduril logo, of the three valuations Anduril announced in its own releases: Series E, December 2022, $8.48B; Series F, August 2024, $14B; Series H, May 2026, $61B. Pre- or post-money not stated. Historical, not an offer price.

    As announced by Anduril; pre- or post-money not stated. Historical, not an offer price. Drawn to scale.

    Leadership Team

    Palmer Luckey

    Founder

    Brian Schimpf

    Co-Founder and CEO

    Trae Stephens

    Co-Founder & Executive Chairman

    Matt Grimm

    Co-Founder & COO

    Named investors

    Thrive Capital

    Series H, 2026 (lead) · Series E, 2022

    Founders Fund

    Series F, 2024 (co-lead) · Series E, 2022 · Series D, 2021

    Sands Capital

    Series F, 2024 (co-lead)

    Valor Equity Partners

    Series E, 2022 (lead) · Series D, 2021

    Counterpoint Global

    Series F, 2024

    Franklin Venture Partners

    Series F, 2024

    Human Capital

    Series E, 2022

    Marlinspike

    Series E, 2022

    US Innovative Technology Fund (USIT)

    Series E, 2022

    MVP Ventures

    Series E, 2022

    D1 Capital Partners

    Series D, 2021

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