Defense-tech company building autonomous systems and Lattice OS for the Pentagon
Defense📍 Costa Mesa, CAFounded 2017
Current Valuation
$61B
as of 2026-Q2
DECACORN
Founded by Oculus creator Palmer Luckey, Anduril builds autonomous defense systems and the Lattice command-and-control AI for the US military and allies. Revenue roughly doubled to $2.2B in 2025 and the company raised a $5B Series H in May 2026 at a $61B post-money — double its valuation from eleven months earlier. In March 2026 the U.S. Army awarded a 10-year enterprise agreement with a ceiling up to $20B, consolidating more than 120 separate procurement actions into a single framework.
Company Profile
CEO
Brian Schimpf
Founded
2017
HQ
Costa Mesa, CA
Employees
~8,400
Total Raised
$11B
Est. Revenue
$2.2B (2025)
Growth
~120% YoY (2025)
Last Round
Series H — $5.0B (May 2026) · Lead: Thrive Capital & Andreessen Horowitz
IPO Status
no imminent plans
Fundraising Status
Series H · $5.0B · 3 mo ago
no imminent plansTotal raised $11B6 disclosed rounds
Series H Impact
Round Size
$5.0B
Primary financing announced
Post-Money Valuation
$61B
Company-announced mark
Valuation Step-Up
+100.0%
vs Series G at $31B
Round / Post-Money
8.2%
New capital ÷ post-money
Disclosed Funding
$11B
Cumulative disclosed rounds
Step-up compares disclosed post-money valuations. Round / post-money is a financing-size ratio, not an ownership or dilution estimate.
Growth & Valuation
Valuation across funding rounds
Valuation step-up per round
Capital raised per round
Estimated revenue trend
Charts built from publicly disclosed funding rounds and revenue estimates. Approximate, not real-time, not investment advice.
Thrive Capital · Founders Fund · Andreessen Horowitz · 8VC · Valor Equity Partners · Sands Capital
Products
Lattice OS (battlefield C2 AI)
Fury (CCA autonomous fighter)
Roadrunner (kinetic interceptor)
Barracuda (autonomous air vehicle)
Bolt / Bolt-M (UAS)
Ghost (helicopter UAS)
Ghost Shark / Dive-XL (subsea autonomy)
Sentry (autonomous surveillance towers)
Pulsar (electromagnetic warfare)
EagleEye (soldier mixed reality)
Competitors
Lockheed Martin (LMT) · Northrop Grumman (NOC) · Palantir (PLTR) · Shield AI
DefenseDefense TechDecacorn
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q2. Refreshed quarterly.