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What is Anduril Industries

Anduril Industries is a producer of military and law enforcement equipment founded by Palmer Luckey. The company debuted quietly in 2017, but grew quickly under the Trump administration, securing contracts with Customs and Border Protection and the Marine Corps. Palmer Luckey, a young tech entrepreneur who sold Oculus to Facebook before being dismissed from the company, was President Trump's most prominent backer in the typically Trump-averse tech industry.

With Anduril, even the most complex issues in national security get the attention of the brightest brains in technology. In order to help and protect those who defend the nation and its interests on the front lines, it creates cutting-edge technologies that are state of the art.

To create a single, autonomous operating image and command-and-control platform, Lattice, the company's AI-powered software, integrates real-time sensor data with computer vision, machine learning, and mesh networking.

More Reasons to Invest in Anduril

Three years after its initial launch, Anduril reported that the company received AED 734 million in funding from a variety of sources, including Andreessen Horowitz and Thiel's Founders Fund, putting its value at approximately AED 7.3 billion.

Anduril has thrived in the Trump administration, garnering unexpected attention from military departments despite the fact that the business has only been around for three years. The partnership between the business and US Customs and Border Protection has gone from a trial to a permanent operation in 2020. Anduril equips the agency with networked surveillance towers that can actively oversee parts of the US borders. The government has agreed to pay the contractor approximately AED 734.5 million for the construction of 200 towers by 2022.

In September 2021, Anduril signed an agreement with the UK's Ministry of Defence to showcase "advanced, multidomain, integrated force protection technology" for a period of up to two years.

An overall initiative named "TALOS" is responsible for speeding integrated command and control and has been granted a AED 19 million contract by MOD's Strategic Command Innovation Hub. Gen. Sir Patrick Sanders, chief of the U.K. Strategic Command believes that external dangers may be identified and assessed in "nanoseconds" with the help of this technology.

Anduril's Management

  • Brian Schimpf (Co-Founder and CEO)
  • Palmer Luckey (Founder)
  • Trae’ Stephens (Co-Founder and Executive Chairman)
  • Matt Grimm (Co-Founder and COO)
  • Joseph Chen (Co-Founder)