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Anduril Industries, Inc.

Defense TechnologyFounded 2017
Reviewed by Swet Parvadiya
Company data updated: September 2026

Founders

Who Founded Anduril?

Palmer Luckey, Brian Schimpf, Trae Stephens, Matt Grimm, Joe Chen · Founded 2017 · HQ today: Costa Mesa, California, United States

Who founded Anduril?

Anduril was founded by Palmer Luckey, Brian Schimpf, Trae Stephens, Matt Grimm, Joe Chen in 2017. It is now led by Brian Schimpf.

Founders
Palmer Luckey, Brian Schimpf, Trae Stephens, Matt Grimm, Joe Chen
Founded
2017
Headquarters
Costa Mesa, California, United States
Number of founders
5
Current CEO
Brian Schimpf (since 2017)
Where was Anduril founded?
Anduril was founded in Costa Mesa, California in 2017.
When was Anduril founded?
Anduril was founded in 2017.
Who started Anduril?
Anduril was founded by Palmer Luckey, Brian Schimpf, Trae Stephens, Matt Grimm and Joe Chen.
How old is Anduril?
Anduril is 9 years old as of 2026.

Founding Story

Palmer Luckey sold his virtual reality company Oculus to Facebook for $2 billion in 2014 and left the company in March 2017. Weeks later he started Anduril with Trae Stephens, a partner at Peter Thiel's Founders Fund and an early Palantir employee, alongside Palantir engineering director Brian Schimpf, Palantir and Mithril Capital veteran Matt Grimm, and early Oculus hardware lead Joe Chen. Their argument was that leading technology firms were refusing military work while the Pentagon bought from a shrinking group of slow contractors. They named the company Anduril, after the reforged sword in The Lord of the Rings, and set out to build software-defined weapons with their own capital and sell them finished.

Background

Palmer Luckey built early virtual reality prototypes as a teenager, founded Oculus VR in 2012 and sold it to Facebook for $2 billion in 2014. The work that made the Rift possible, cheap sensors, optics and fast hardware iteration, is the same approach Anduril applies to sentry towers, interceptors and helmet systems.

Role at Anduril Industries, Inc.

Palmer Luckey is a co-founder of Anduril Industries and its best known hardware voice. He left Facebook in March 2017 and started Anduril weeks later, arguing that the Pentagon was buying from too few, too slow suppliers while leading technology firms refused military work. At Anduril he works on hardware architecture and has fronted launches including the Roadrunner interceptor in December 2023 and the EagleEye mixed-reality helmet in October 2025, a product that returned him to the headset engineering he started with. Palmer Luckey was born in 1992.

Background

Brian Schimpf studied operations research and industrial engineering at Cornell University and worked on an autonomous vehicle team for the DARPA Urban Challenge. He spent years at Palantir Technologies, ending as a director of engineering responsible for deployments into active military theaters, which is where he learned how defense software is bought and fielded.

Role at Anduril Industries, Inc.

Brian Schimpf is a co-founder and the chief executive of Anduril Industries. Before starting the company in 2017 with Palmer Luckey and Trae Stephens, he was a director of engineering at Palantir Technologies, leading deployments of data integration software to war zones. As chief executive he has kept development privately funded and priced products as finished goods, the model behind Anduril's US Air Force collaborative combat aircraft work, its counter-drone contract with US Special Operations Command and the Ghost Shark program in Australia. He also approved the move into hyperscale manufacturing at Arsenal-1 in Ohio. (Exact birth year remains publicly undisclosed).

Background

Trae Stephens graduated from Georgetown University's School of Foreign Service, worked in the intelligence community and was an early Palantir employee running deployments and international growth. He became a partner at Founders Fund, where he invested in defense and industrial companies before helping start one.

Role at Anduril Industries, Inc.

Trae Stephens is a co-founder and executive chairman of Anduril Industries and a partner at Founders Fund. He and Palmer Luckey started the company in 2017 on the view that the defense industrial base rewarded slow cost-plus programs over fast iteration. Stephens handles strategy, Washington relationships and capital formation: Founders Fund led Anduril's early rounds and later the $2.5 billion round of June 2025 that valued the company at $30.5 billion. He announced that round publicly on behalf of the company.

Trae Stephens was born in 1983. Education: Walsh School of Foreign Service.

Background

Matt Grimm studied at Cornell University and worked in operational and investment roles at Palantir Technologies and Mithril Capital Management, where he handled complex software deployments and the practicalities of selling to defense and intelligence customers.

Role at Anduril Industries, Inc.

Matt Grimm is a co-founder and the chief operating officer of Anduril Industries, responsible for operations, supply chain and facilities. He joined Palmer Luckey, Trae Stephens and Brian Schimpf in 2017 and has spent the years since turning engineering output into delivered hardware: sentry towers for Customs and Border Protection, interceptors and drones for US and allied forces, and the manufacturing build-out that runs from Costa Mesa to Arsenal-1 in Ohio and the Ghost Shark factory in Sydney. (Exact birth year remains publicly undisclosed).

Background

Joe Chen was one of the first employees at Oculus VR, where he worked on hardware as a product lead and ran non-gaming developer relations, then continued in virtual reality content and camera capture work before co-founding Anduril.

Role at Anduril Industries, Inc.

Joe Chen is a co-founder of Anduril Industries and one of two founders who came from Oculus VR rather than Palantir. His work sits on the hardware side of the company, the sensors, optics and airframes that feed the Lattice software, and reflects the early Oculus practice of building and testing quickly with commercial parts. He co-founded the company in 2017 with Palmer Luckey, Brian Schimpf, Trae Stephens and Matt Grimm. (Exact birth year remains publicly undisclosed).

Anduril Industries, Inc.: CEO & Leadership History

Full timeline →

Brian Schimpf

Co-Founder and Chief Executive Officer

2017 – Present

Runs Anduril day to day, covering contract strategy, engineering execution and the shift from prototypes to factory production.

Keep researching Anduril

Who Founded Anduril? FAQ

Who founded Anduril Industries?

Anduril was founded in 2017 by Palmer Luckey, founder of Oculus VR, Brian Schimpf, a Palantir director of engineering, Trae Stephens, a Founders Fund partner and early Palantir employee, Matt Grimm, from Palantir and Mithril Capital, and Joe Chen, an early Oculus hardware lead.

Why did Palmer Luckey start a defense company after Oculus?

Luckey left Facebook in March 2017 and argued that large technology firms were refusing to work with the US military, leaving the Pentagon dependent on a small group of slow suppliers. He started Anduril weeks later to sell finished defense products instead.

Who funded Anduril at the start?

Peter Thiel's Founders Fund led the early rounds, alongside 8VC, the firm co-founded by Palantir co-founder Joe Lonsdale. Founders Fund kept leading later rounds, including the $2.5 billion round of June 2025.

Where did the founding team work in Anduril's first year?

The team worked out of industrial space in Orange County, California, writing the first version of Lattice and building sensor payloads onto commercial camera towers.

What was Anduril's first field deployment?

Sentry towers on private land along the Texas border, followed by Customs and Border Protection sites where the first four towers were tested in the San Diego area in early 2018. CBP bought 56 more before making the towers a program of record in July 2020.

Why is the software called Lattice?

The name describes the mesh the software creates, a connected web of cameras, radars, vehicles and operators that keeps working when individual nodes drop out.

How did the founders change the way they sold to the Pentagon?

They refused cost-plus development contracts and instead used venture capital to build and test complete systems, then demonstrated finished hardware to military customers and sold it at a fixed price.

What effect did Anduril have on defense startups?

Its growth from 2017 to a $61 billion valuation in 2026 made defense a mainstream venture category: by 2026 large generalist funds such as Thrive Capital and Andreessen Horowitz were leading its rounds, and dozens of newer firms were competing in drones and munitions.

Who founded Anduril?

It was founded by Oculus inventor Palmer Luckey, alongside Founders Fund partner Trae Stephens and several former Palantir executives (Brian Schimpf, Matt Grimm, Joe Chen).

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.