Performance since IPO
Confirmed share price history
No published trading history yet
IPO recap
Offering not completed
IPO date, ticker, and IPO offer price are not yet confirmed.
Filed—
Pricing—
First trade—
Lockup ends—
The short version
Anduril is an unconfirmed defense-technology IPO candidate. Founder IPO intent is documented; timing, venue and share price are unverified.
Key takeaway 1
Founder IPO intent is documented; timing remains open.
Key takeaway 2
The Series H value is a private financing valuation.
Company in detail
Anduril combines autonomous defense equipment with Lattice software connecting sensors and operational systems. Government procurement makes production capacity and delivery reliability central to the business.
Palmer Luckey expressed IPO intent in a CNBC interview. No public offering terms were verified. Anduril disclosed a private Series H in May 2026.
An eventual prospectus would help assess contract concentration, recognized revenue, manufacturing commitments and governance. The private financing valuation below describes fundraising and does not determine the price of a future listed share.
Operating metrics
Company profile
- Legal name
- Anduril Industries, Inc.
- Headquarters
- —
- Founded
- 2017
- Co-founder and CEO
- Brian Schimpf
- Core software
- Lattice
- Technology
- Autonomous defense systems
- Integration
- Sensors, command systems and autonomous platforms
- Developer ecosystem
- Lattice SDK and partner program
- Employees
- No published figure
Timeline
- Series D announced
Private funding supports expansion.
- Lattice developer ecosystem
SDK and partner program extend interoperability.
- Series H announced
A new private round is disclosed.
Sources
Revenue
—No published figure
Series H
USD 5 billionCompany-announced private equity financing.
Series H valuation
USD 61 billionPrivate financing valuation; pre/post-money basis is not stated in the announcement.
Employees
—No published figure
Net income
—No published figure
Operating cash flow
—No published figure
Financials
No reported financial periods with figures available
Revenue
No published financial dataReported financial periods will appear here when available.
No reported period with figures
Financial results are not available in the sources listed here.
Valuation & peers
Price-to-sales, revenue growth and gross margin
Comparable metrics unavailableComparable company figures for the same date are not available.
Revenue growth (%)
| Company | P/S | Growth | GM |
|---|---|---|---|
| Anduril | — | — | — |
| No published peer comparison | |||
Context: Private financing valuations and modeled market values do not establish an IPO valuation. Revenue run-rate is not used here to calculate a price-to-sales ratio.
Private valuation and funding details
Series H valuation
USD 61 billionPrivate financing valuation; pre/post-money basis is not stated in the announcement.
Anduril — Series H, 2026-05-13 · May 13, 2026Series H
USD 5 billionCompany-announced private equity financing.
Anduril — Series H, 2026-05-13 · May 13, 2026IpoHub score
How we score—Not rated
Balance sheet—
Growth—
Community—
Profitability—
Valuation—
Individual category scores are not available.
Where the money goes
—
Use of proceeds—
Allocation percentages—
Net proceeds—
Details on the use of IPO proceeds are not available.
Key risks
Editorial analysisGovernment contracts
Procurement decisions and budgets can change demand.
Manufacturing execution
Scaling hardware production requires capital and reliable delivery.
Deal terms
- Ticker
- Not confirmed
- Exchange
- Not confirmed
- IPO price
- Not confirmed
- Price range
- Not confirmed
- Pricing date
- Not confirmed
- First trading day
- Not confirmed
- Shares offered
- Not confirmed
- Deal size
- Not confirmed
- Underwriters
- Not confirmed
- Greenshoe shares
- Not confirmed
- Lockup
- Not confirmed
- Quiet period expirations
- Not confirmed
Frequently asked questions
When is the IPO?
No final pricing or first-trade day is verified.
Is the private valuation an IPO target?
No. The figure relates to the Series H financing.
Similar IPOs
All IPOs →Not investment advice. Private market prices are dated model estimates. Community votes are not a recommendation.