Anduril Revenue, Valuation, Funding & Investors

TEKEVER is a Portuguese developer and operator of AI-powered unmanned aerial systems and autonomous systems for defence, security and civil missions. Founded in Lisbon by Ricardo Mendes, who remains chief executive, the company designs and builds vertically integrated drones such as the AR3, AR5 and ARX, together with the sensors, software and data analytics that go with them. It sells both the platforms and intelligence-as-a-service, in which it flies the missions and delivers the data to the customer. Customers include maritime safety agencies, border and home affairs authorities, armed forces and commercial users in Europe, North America and other regions. The company has operations in the United Kingdom, France and Germany beside its Portuguese base. Revenue comes from product sales, contracted surveillance services and software.

True Anomaly is an Austin-based space technology company designing autonomous spacecraft and software for orbital security and resilience. The firm builds Jackal electronic warfare satellites and develops simulation platforms for space domain awareness. True Anomaly supports U.S. Space Force contracts and partners with defense primes to field counter-space capabilities.

Thales is a French aerospace and defense industrial and one of Europe’s largest defense contractors. The company has three segments: defense and security provides sensors, mission systems, communications, and control systems to European and export defense customers; aerospace sells avionics and satellites to the civil, defense, and governmental markets; and digital identity and security provides biometric, data, and identity security solutions, payments services, and the manufacturing of SIM cards.

In addition to its legacy software-defined radio franchise, L3Harris Technologies has through a series of acquisitions established franchises producing uncrewed aerial vehicles, sensors, avionics, space-based systems, missiles, and solid rocket motors. It also adapts civilian aircraft for military use and provides military and commercial training services, and maintains the US Federal Aviation Administration's communications infrastructure.

Saab supplies products and services for military, defense, and civil security. The company operates in four segments: aeronautics, dynamics, surveillance, and Kockums. Aeronautics involves the manufacturing and support of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. Surveillance supplies security services, and creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three fourths of Saab’s sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.

Kongsberg Gruppen is an international technology company that supplies products and services to the defense, maritime, oil, gas, and aerospace industries. The company is divided into two business segments: the maritime segment and defense and aerospace systems. Maritime, which earns most of the firm's revenue, creates navigation, automation, monitoring, and positioning products for commercial ships and offshore industry. The defense and aerospace segment provides defense and space-related products and systems. Outside of the two main segments, the firm operates Kongsberg Digital, which produces digital solutions for oil, gas, wind, and merchant marine markets. Products are delivered globally, with North America accounting for about one third of total revenue.

Shield AI is a San Diego-headquartered defense technology company that develops autonomous systems including V-BAT vertical takeoff aircraft, X-BAT unmanned systems, Hivemind Enterprise autonomy software, and Hivemind Vision sensors. Founded in 2015, Shield AI maintains nine offices across the U.S., Europe, the Middle East, and Asia-Pacific, supporting military operations with AI-driven drones and swarm intelligence.

Hensoldt, founded in 2017 and headquartered in Taufkirchen, Germany, completed its initial public offering on Sept. 25, 2020, on Deutsche Börse. The company specializes in defense electronics, operating across two segments: sensors and optronics, with sensors generating the majority of revenue. Hensoldt's core market is Germany, supported by production sites in France, the UK, and South Africa, while its sales footprint spans Europe, the Middle East, Asia-Pacific, North America, Africa, and Latin America.

Saronic is an Austin-headquartered developer of autonomous surface vessels for maritime defense and surveillance. The company integrates hardware, software, and AI into scalable platforms like the Spyglass and Corsair models for naval operations. Saronic's vessels support intelligence gathering, patrol, and swarm tactics for U.S. Navy and allied forces. Founded in 2022, it collaborates with defense contractors on programs enhancing domain awareness in contested waters.

Hanwha Systems Co Ltd is a South Korean-based company engaged in the areas of avionics and space, security and safety, and information systems services. The company operates through three segments: Defense, Information and Communications Technology (ICT), and Other. The Defense segment focuses on the manufacturing and sales of military equipment. The ICT segment provides services such as IT outsourcing. The Other segment includes manufacturing activities, new business engineering, data processing, and applied software services. It generates the majority of its revenue from the Defense segment.

Quantum Systems (Quantum-Systems GmbH) is a German developer and manufacturer of autonomous unmanned systems headquartered in Gilching near Munich. Its aircraft include the Trinity electric vertical take-off mapping drone, the Vector and Twister reconnaissance drones and the long-range Reliant, increasingly linked with ground, maritime and counter-drone systems through its MOSAIC UXS mission software. It sells hardware, software and services to armed forces and government agencies, including the Bundeswehr and the militaries of Ukraine, Australia, Romania and Spain, and to commercial customers in surveying, mining, agriculture and infrastructure. The company generated revenue of EUR 300 million in 2025 and says it is profitable; in 2024 it had about 350 employees and more than 450 customers, and by late 2025 it employed up to 1,000 people across Germany, Ukraine, the US, Australia, Romania, the UK and the Baltics. In 2025 it acquired AirRobot, Nordic Unmanned and Spleenlab. It remains privately held and venture-backed, and in July 2026 it signed a USD 1.2 billion Series D co-led by Blackstone, Noteus, Airbus and Advent at a post-money valuation of about USD 8 billion. Quantum Systems was founded in January 2015 by former Bundeswehr helicopter pilot Florian Seibel with Armin Busse, Tobias Kloss and Michael Kriegel.

AeroVironment Inc is a defense technology provider delivering integrated capabilities across air, land, sea, space, and cyber. It develops and deploys autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities. The company operates business in two reportable segments: Autonomous Systems (AxS) and Space, Cyber and Directed Energy (SCDE). It derives majority of revenue from Autonomous Systems segment focuses on the design, development, production, delivery, and support of intelligent, multi-domain robotic systems, including UAS, uncrewed underwater vehicles and ground robot systems. Geographically it derives the majority of revenue from domestic operations.

Mach Industries is a defense manufacturer founded in 2023 and headquartered in Huntington Beach, California. The company develops advanced unmanned systems, weapons, propulsion technology and the manufacturing infrastructure needed to produce them at scale. Its programs include aircraft and other autonomous platforms designed for military missions in contested environments. Mach vertically integrates guidance, control, airframes, propulsion and energetics to shorten development cycles and reduce dependence on constrained suppliers. Its customers are the United States military, allied defense organizations and other national-security buyers. The company earns revenue through the development, manufacture and delivery of defense systems, components and related production capabilities. Mach acquired Exquadrum in May 2026 and integrated its solid-rocket-motor, munitions, testing and technical-services operations as Mach Energetics.

Neros Technologies is a Maryland-headquartered defense contractor specializing in unmanned aerial systems for military applications. Its flagship Neros Archer FPV drone features BlueUAS certification, electronic warfare resistance, and capacity for 2 kg payloads over 20 km ranges, supporting ISR and loitering munitions roles. Deployed by U.S. Department of Defense units, the company scales production for swarm operations and integrates modular payloads including electro-optical cameras.

Allen Control Systems is an Austin, Texas-based defense technology company that builds autonomous precision weapon systems for counter-drone defense. Its flagship product, Bullfrog, is an AI-powered robotic weapon station that uses computer vision and proprietary control systems to integrate with legacy and modern weapons, including the M240 and M2, for precision targeting against unmanned aerial threats. Founded by former U.S. Navy engineers, the company sells to the U.S. Department of Defense and allied militaries.

Roark Aerospace is a Washington-headquartered developer of autonomous defense systems. Products include drone detection radars, counter-UAS effectors, unmanned ground vehicles, and hyperspectral sensors. The firm deploys drone-for-robot swarms and edge-based C2 platforms for real-time warfare. Roark Aerospace serves US military and allies with persistent surveillance solutions.

Larsen & Toubro Ltd is a technology, engineering, manufacturing, and financial services conglomerate operating globally. It enters into contracts to construct various facilities, develop solutions for offshore and onshore hydrocarbon projects, serve power plants, build ships, and perform other engineering projects. Its integrated capabilities help customers throughout the entire value chain, from design to delivering a project. The company's operating segments are: Infrastructure projects, Energy projects, Hi-Tech Manufacturing, IT & Technology services, Financial services, Development projects, and other segments. A majority of its revenue is generated from the Infrastructure projects segment. Geographically, the group generates maximum revenue from its operations in India.

Rheinmetall is an international defense group supplying military vehicles, weapons and ammunition, air-defense systems, digital military solutions and naval platforms. Following the classification of power systems as discontinued operations in December 2025, all continuing-operation sales are generated by defense activities. The group reports through five segments: vehicle systems; weapons and ammunition; air defense; digital systems; and naval systems. The portfolio spans combat, support and logistics vehicles; weapons, ammunition and propellants; ground-based air and drone defense; military communications, soldier systems, aviation and simulation; and military surface vessels, maintenance and autonomous maritime systems.