“To transform U.S. and allied military capabilities with advanced technology, emphasizing rapid deployment and cutting-edge solutions.”

Anduril, founded in 2017 by Palmer Luckey and others, Industries is a defense technology company headquartered in Costa Mesa, California. The company focuses on developing autonomous systems and AI-driven solutions to enhance national security and defense capabilities.

‍

Business Model

Anduril privately funds its research and development to create off-the-shelf defense products, emphasizing speed and innovation. Its product lineup includes sentry towers, sensors, unmanned aerial systems (UAS), and autonomous underwater vehicles (AUV), all powered by its AI-driven Lattice OS.

‍

<row>

<col>

Targeted Impact

Anduril aims to revolutionize defense technology by providing advanced, rapidly deployable solutions that enhance military capabilities.

</col>

<col>

Who Will benefit?

U.S. and allied military forces will benefit from Anduril's innovative defense technologies and solutions.

</col>

<col>

What Comes Next?

Anduril plans to continue expanding its product offerings and enhancing its AI and autonomous systems to meet evolving defense needs.

</col>

</row>

‍

Anduril Growth Timeline

‍

‍

Prominent News

Anduril Unveils Barracuda-M Family of Cruise Missiles,  September 12, 2024 - Anduril unveils the Barracuda line of cost-effective, mass-producible Autonomous Air Vehicles (AAVs). Click here to read more.‍

Anduril Raises $1.5 Billion to Rebuild the Arsenal of Democracy, August 7, 2024 - Anduril raised $1.5 billion in Series F round valuing the company at $14B.  Click here to read more.‍

‍Ghost Shark program on fast track, August 6, 2024 - Anduril Australia plans to have the first production model of Ghost Shark to support the Navy with a long-range, cost-effective, persistent intelligence, surveillance, reconnaissance and strike undersea capability by the end of 2025. Click here to read more.‍

‍

Revenue

Based on 2024 revenue figures (source: Sacra) and latest funding round at $14B, Anduril currently trades around a 17.01x revenue multiple.

‍

‍

Return on Investment (ROI)

ROI computed as of September 9, 2024.

‍

‍

Funding Round in USD

‍

<row>

<card>

Series F Valuation

<span class="date">2024-06-26</span>
<span class="value">$14B</span>

</card>

<card>

Implied Valuation

<span class="date">2024-09-09</span>
<span class="value">$17.01B</span>

</card>

<card>

Change Since Last Round

<span class="date">2024-06-26 → 2024-09-09</span>

<span class="value green">+21.52%</span>

</card>

</row>

‍

‍

Monthly Bid:Ask Volume Ratio

ApeVue highlights the monthly bid:ask volume ratio where there were at least three institutionally-sized broker contributions within that period. ApeVue did not observe activity for Anduril before April 2022.

February of 2023 had the highest volume at $466.02M. Whereas April of 2022 had the lowest volume at $1.03M.

‍

‍

90D Activity

Activity at each date is the total unique broker contributions within the last 90 days of that date. There were 42 unique broker contributions between June 11, 2024, and September 09, 2024.

‍

‍

Volatility of Composite Price

The volatility of the composite price is calculated based on the movement over the previous 90 days. Anduril's volatility has been moderate and was down to 8% on September 9, 2024.

‍