Anduril Industries

Anduril Industries, Inc. is a defense technology company that designs, manufactures, and deploys advanced hardware and software products to address complex national security challenges faced by the United States and its allies. Founded in 2017 and headquartered in Irvine, California, with additional offices in Washington, D.C., and Seattle, the company employs top technical talent to create innovative solutions. Its offerings include the Lattice Platform, which integrates artificial intelligence, computer vision, and machine learning to provide a cohesive operational picture; the Sentry Tower, which collects data across the electromagnetic spectrum; and the Ghost sUAS, a man-portable unmanned aerial system capable of performing various missions autonomously. Additionally, Anduril develops the Anvil sUAS, designed for precise drone threat interception while providing visual feedback for human operators. Through its cutting-edge technology, Anduril aims to enhance defense capabilities and support frontline personnel in safeguarding national interests.

Babak Siavoshy

CFO

7 past transactions

Numerica Corporation

Acquisition in 2025
Numerica Corporation specializes in tracking and data fusion services within the space, air, and missile defense sectors. The company focuses on distributed tracking and multi-sensor fusion technologies to address various threats and sensor modalities associated with moving platforms. Additionally, Numerica is involved in Space Domain Awareness, which includes the detection, tracking, identification, and characterization of elements in the space domain that could influence space operations and impact national and allied security, safety, economy, or environment. Through its innovative solutions, Numerica aims to enhance situational awareness and operational effectiveness for its clients.

Blue Force Technologies

Acquisition in 2023
Blue Force Technologies is a manufacturer specializing in the design, fabrication, and production of aerospace and defense systems. The company provides a comprehensive range of advanced design, analysis, simulation, and manufacturing capabilities. Its offerings include CNC machining, reverse engineering, soft and hard tooling, as well as aerospace prototyping and structural analysis. Through these services, Blue Force Technologies aims to support the development and innovation within the aerospace and defense sectors.

Adranos Energetics

Acquisition in 2023
Adranos Energetics specializes in the development of advanced propellants and explosives for space and military applications. The company is focused on creating a cost-effective solid rocket propellant called ALITEC, which is designed to be more efficient, powerful, and environmentally friendly compared to traditional options. This innovative propellant not only improves rocket performance by increasing missile range and allowing for smaller, more affordable missiles but also eliminates harmful hydrochloric acid emissions associated with conventional aluminum-based propellants. Adranos aims to enhance the capabilities of both military and private space exploration users by expanding payload capacity and reducing the costs associated with launching into orbit.

Dive Technologies

Acquisition in 2022
Dive Technologies Inc. is a company focused on the development and manufacturing of autonomous underwater vehicles (AUVs) designed for undersea exploration and survey applications. Founded in 2018 and based in Hingham, Massachusetts, the company provides a range of vehicles suited for both littoral and deep-water missions, emphasizing payload flexibility and long endurance. Dive Technologies specializes in large displacement vehicles, utilizing a unique architecture that enables cost-efficiency and scalability. Its offerings include engineering and manufacturing services tailored for defense applications, as well as commercial survey and AUV platform services. The company is committed to delivering reliable and advanced autonomy in its vehicles, ensuring clients can safely and effectively access the ocean's depths.

Copious Imaging

Acquisition in 2021
Copious Imaging is a developer of advanced infrared imaging technology products aimed at addressing the needs of the United States Department of Defense, maritime, and commercial sectors. The company integrates artificial intelligence with a patented computer-in-every-pixel imager, significantly enhancing pixel counts, dynamic range, and other key imaging parameters. This innovative approach enables clients to deploy autonomous systems and improve performance across various critical national security applications. Through its cutting-edge technology, Copious Imaging is positioned to play a vital role in meeting the urgent demands of its target markets.

Area I

Acquisition in 2021
Area-I offers a combination of analytical and practical experience with an emphasis on unmanned aerial systems. Co-founded in 2008 by its CEO, Dr. Nicholas Alley, Area-I is primarily focused on UAS research and development. Area-I’s technical team has a vast amount of experience (spanning 12 years and over 20 flight test programs) in a full spectrum of autonomous aircraft development activities, from conception through flight-testing of advanced GNC systems, airframes, sensor suites, flight control hardware/software, and ground station systems. Area-I personnel has been involved in the design and construction of fifteen UAS and one-manned aircraft. This significant experience in unmanned aircraft design and operation is augmented by an extensive background in flight mechanics, flight simulation, and the development of tools that quickly and accurately predict the performance of aircraft. Area-I develops low-cost flight test platforms, UAS GNC systems, and highly capable flight computing and data acquisition systems. The company maintains a shop and laboratory space that is used for electronics development, hardware-in-loop simulation, and testing and has composite fabrication and machining capabilities. Area-I’s strategic relationship with the State of Georgia has enabled research programs with Georgia universities such as the Georgia Institute of Technology and Middle Georgia College.
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