Anduril Industries

Anduril Industries
Information
Type	Private
Industry	Defense technology
Founded	2017
Founder	Palmer Luckey, Trae Stephens, Brian Schimpf, Matt Grimm, Joe Chen
Headquarters	Costa Mesa, California, United States
Notable Personnel	Brian Schimpf (co-founder and CEO), Trae Stephens (co-founder and executive chairman), Matt Grimm (co-founder and COO)
Products	Lattice software platform, EagleEye head-worn systems, autonomous air, land and sea systems
Website	https://www.anduril.com

Anduril Industries (usually called Anduril) is an American defense technology company founded in 2017 by Palmer Luckey, the founder of Oculus VR, together with former Palantir Technologies employees Trae Stephens, Brian Schimpf and Matt Grimm and early Oculus hardware lead Joe Chen. It is headquartered in Costa Mesa, California, and builds autonomous systems, sensors, weapons and the Lattice command-and-control software that connects them. The company is named after Andúril, Aragorn's reforged sword in J.R.R. Tolkien's The Lord of the Rings.

Anduril's work in augmented reality and mixed reality centers on the U.S. Army's soldier headset programs. In 2025 it took over Microsoft's Integrated Visual Augmentation System (IVAS) contract, formed a partnership with Meta Platforms to build military XR devices, won a US$159 million prototyping contract under IVAS's successor, Soldier Borne Mission Command (SBMC), and unveiled its own head-worn system family, Anduril EagleEye.

Reviewed 29 September 2026. Founders, leadership, name origin, funding rounds, revenue, Arsenal-1, acquisitions table, IVAS takeover, Meta partnership, SBMC award and EagleEye specs checked against the cited Anduril, Microsoft, CRS, TechCrunch, Fortune, Breaking Defense, DefenseScoop and UploadVR sources. About review dates.

History

Founding

Luckey started Anduril in 2017 after leaving Facebook and co-founded it with executives from Palantir Technologies. TechCrunch, reporting in June 2018, gave the founding date as June 2017 and described the five co-founders: Luckey; Matt Grimm, Trae Stephens and Brian Schimpf, all formerly of Palantir; and Joe Chen, an early Oculus hardware lead. Anduril's own leadership page lists Luckey as founder, Schimpf as co-founder and CEO, Stephens as co-founder and executive chairman, and Grimm as co-founder and COO. According to that page, Luckey's interest in defense technology began at the MxR lab of the USC Institute for Creative Technologies, where he built hardware used to research immersive PTSD treatment for U.S. veterans, and he continued to support military applications of VR while at Oculus.

An early Anduril product was a network of sensor towers with AI detection software used along the U.S. southern border. TechCrunch reported in 2018 that an early deployment in Texas had led to 55 apprehensions. The company says its core product is Lattice, a software platform that fuses data from sensors and other systems into a single operating picture, and that it privately funds its research and development and sells finished products off the shelf. Its mission page lists virtual reality technology among its engineers' areas of expertise.

Funding and growth

The company's announced funding rounds since 2021 are summarized below.

Round	Announced	Amount	Valuation	Lead investor(s)
Series D	17 June 2021	US$450 million	US$4.6 billion (post-money)	Elad Gil
Series E	2 December 2022	US$1.48 billion	US$8.48 billion	Valor Equity Partners
Series F	7 August 2024	US$1.5 billion	US$14 billion	Founders Fund and Sands Capital
Series G	5 June 2025	US$2.5 billion	US$30.5 billion	Founders Fund
Series H	13 May 2026	US$5 billion	US$61 billion	Thrive Capital and Andreessen Horowitz

TechCrunch reported that Anduril's revenue roughly doubled in 2024 to about US$1 billion, and that Founders Fund's US$1 billion commitment to the Series G was the largest check the firm had written. In an investor letter published with the Series H, CEO Brian Schimpf wrote that revenue more than doubled in 2025 to US$2.2 billion and that the workforce nearly doubled over the same year. In January 2025 Anduril chose a site next to Rickenbacker Airport in Columbus, Ohio, for Arsenal-1, a factory it said would span 5 million square feet at full scale.

Acquisitions

Anduril has grown partly through acquisitions announced on its newsroom:

Company	Announced	Business
Area-I	1 April 2021	Air-launched unmanned aircraft, including the ALTIUS platform
Copious Imaging	28 September 2021	Passive long-wave infrared sensing (WISP)
Dive Technologies	2 February 2022	Autonomous underwater vehicles
Adranos	25 June 2023	Solid rocket motors
Blue Force Technologies	7 September 2023	Autonomous aircraft, including Fury
Numerica Corporation (radar and command-and-control businesses)	9 January 2025	Radar and tracking software
Klas	5 May 2025 (definitive agreement)	Rugged edge computing and tactical communications (Voyager line)
American Infrared Solutions	20 October 2025	Cooled infrared cameras and components
ExoAnalytic Solutions	11 March 2026 (definitive agreement)	Space domain awareness and missile defense software

XR work

Lattice on IVAS

The Army's IVAS program began in November 2018, when it awarded Microsoft an Other Transaction Agreement worth up to US$22 billion over 10 years to develop a ruggedized head-up display originally based on the commercial HoloLens, with a wearable computer, squad radio and a squad-level XR trainer. In September 2024 Anduril announced that it had integrated Lattice into Microsoft's IVAS hardware and software, so that soldiers wearing Lattice-enabled headsets were warned of incoming, autonomously detected airborne threats. The announcement said Luckey was leading the effort and quoted him calling the project his "top priority at Anduril".

IVAS takeover

On 11 February 2025 Microsoft and Anduril announced that, pending Department of Defense approval, Anduril would take over oversight of IVAS production, future hardware and software development, and delivery timelines, while Microsoft Azure would become Anduril's preferred cloud for IVAS and its AI workloads. The Army approved the contract novation on 10 April 2025. Breaking Defense reported that Anduril would not deliver new hardware under the existing IVAS contract and would instead supply software for the headsets already built; Anduril senior vice president of engineering Tom Keane said software updates that had taken 180 days now took about 18 hours.

IVAS itself did not reach soldiers in the field. The Army had bought 5,000 IVAS 1.0 units in 2022 and 5,000 IVAS 1.1 units in 2023; these early versions reportedly caused users headaches, eyestrain and nausea, and the IVAS 1.2 prototype cut the field of view from 70 to 60 degrees. The Congressional Research Service, citing a July 2026 Government Accountability Office report, noted that the Army had decided none of the 10,000 units would be fielded, and the Pentagon's FY2025 operational test report said the Army would not "test, produce, or field any IVAS variant systems in the future".

Meta partnership

On 29 May 2025 Anduril and Meta announced a partnership to "design, build, and field a range of integrated XR products" for the U.S. military. The companies said the effort was funded with private capital, would combine their hardware, software and AI work, and would feed into Lattice through role-specific AR and VR interfaces. They had already submitted a joint white paper for SBMC Next, formerly IVAS Next. Luckey said in the announcement, "I am glad to be working with Meta once again", and Mark Zuckerberg said Meta was proud to partner with Anduril to bring its AI and AR technologies to American service members. UploadVR suggested that Anduril could gain access to technologies such as the silicon carbide AR lens designs Meta developed for its Meta Orion prototype glasses.

Soldier Borne Mission Command

In March 2025 the Army renamed IVAS Next as Soldier Borne Mission Command and said it expected a full and open competition. It awarded prototyping contracts to Anduril (US$159 million) and to the start-up Rivet (US$195 million), reportedly covering an 18-month rapid prototyping sprint. Anduril announced its award on 8 September 2025, describing a helmet-mounted system that combines night vision with augmented reality overlays, developed with Meta, OSI, Qualcomm and Gentex Corporation. The same release said Anduril leads Soldier Borne Mission Command-Architecture (SBMC-A), the program's Lattice-based software layer, with partners including Palantir Technologies and L3Harris Technologies. Using IVAS 1.2 headsets as surrogates, Anduril said, soldiers had tasked drones from more than three kilometers away through a Lattice-integrated headset, and over-the-air software updates had been cut from two days to 15 minutes.

In August 2026 DefenseScoop reported that Anduril had provided phase-one SBMC systems in the "low hundreds" (company-owned prototypes rather than formal contract deliveries) and had tested them with the 75th Ranger Regiment. The phase-one kit combined Meta and Oakley Standard Issue glasses with a sensor bar, edge compute, battery and controller. An Anduril communications official said the company would deliver 170 phase-two prototypes with a modified design; general manager of warfighter systems Quay Barnett said the head-up display weighs about 110 grams and that a downselect and production award could come in fiscal 2028. DefenseScoop also named Elbit Systems of America alongside Anduril and Rivet as SBMC vendors.

EagleEye

Anduril unveiled Anduril EagleEye on 13 October 2025, showing it in Washington, D.C. during the Association of the U.S. Army's 2025 annual meeting. The company describes it as an independently developed, modular family of systems in helmet, visor and glasses configurations, with an optically transparent daytime head-up display, a digital night-vision display, rear- and flank-view sensors, spatial audio and radio-frequency detection, all tied into Lattice. UploadVR described two display modules: a see-through AR module for daytime and a passthrough mixed reality module for night. Anduril's EagleEye product page lists partners Meta, Oakley Standard Issue, Qualcomm and Gentex, compute listed as "Qualcomm XR2Gen3", and a night-vision module with four "4K uOLED" displays, a 90 Hz refresh rate and a field of view of 200 degrees horizontally by 90 degrees vertically.

Breaking Defense reported that Anduril planned to begin delivering close to 100 units under its SBMC prototyping contract in the April to June 2026 period. It quoted Luckey saying "I now have all my toys back", referring to the work he did before selling Oculus, his work at Meta and Meta's work since, all of which he said was available for EagleEye.

See also

• Anduril EagleEye
• Integrated Visual Augmentation System
• Palmer Luckey
• Oculus VR
• HoloLens 2