An American maker of autonomous weapons and drones that is disrupting America's military-industrial complex. Its president is Chris Brose. It was co-founded by Trae Stephens, a partner at Founders Fund (the venture-capital firm of Peter Thiel). As of early 2025, Anduril was valued at $14bn. Former employees have joined the Trump administration.
Anduril is in a partnership with Palantir to help the army improve battlefield targeting. It is also reportedly part of a consortium, alongside Palantir and SpaceX, bidding for Donald Trump's "Golden Dome" missile-defence shield. In that context, Anduril is said to be mulling installing lasers in space to destroy missiles, and is offering software to track and analyse incoming threats.
Anduril has formed a partnership with Rheinmetall, Germany's biggest defence firm, to make drones.
Anduril is one of three "neo-primes"—alongside Palantir and SpaceX—that are reshaping how America wages war. Together, the upstart trio are worth more than three times the three biggest legacy defence contractors (Lockheed Martin, RTX and Northrop Grumman), though those firms still generate around eight times the newcomers' combined sales. In March 2026 America's army streamlined multiple contracts with Anduril into a single one worth up to $20bn over ten years. The company was said to be raising money at a valuation of $60bn, despite generating only $2bn of revenue in 2025 and making a loss. Unlike the legacy primes, Anduril shuns "cost-plus" contracts in favour of fixed-price deals. It wants to use a common rocket motor across an assortment of munitions to keep costs down.
Anduril makes nearly all its income from defence contracts, making manufacturing scale-up a particular challenge. It recently opened a factory in Ohio on which it spent $1bn. Matthew Steckman oversees a large share of Anduril's business.
Donald Trump junior is a partner at 1789 Capital, a venture-capital firm that has invested in Anduril.
Anduril is a serial acquirer of smaller firms. In 2023 it bought Blue Force Technologies, maker of the Fury unmanned combat aircraft. Scott Bledsoe, inventor of the Fury, said he sold his startup after realising it was too small to "bro its way" to a big defence contract.
War is peace. Freedom is slavery. Ketchup is a vegetable.