Anduril

PrivateFree featured Strategy Map

Defense technology company building autonomous systems and the Lattice software platform.

Andurilis private — you can’t buy shares. This map shows what you can buy that moves with it, and what moves against it, with dated evidence on every connection.

anduril.comUpdated 2026-07-15methodology 2026.07.1Relationship mapping, not a recommendation.
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Decisive takeaway

Strongest public comparable: Palantir Technologies Inc (PLTR) similar business model. Listed defense-software growth economics closest to Anduril's software layer.

Broader market connections4

Similar public companies, funds, commodities and bonds tied to the same market — a looser connection, clearly labeled.

Palantir Technologies IncPLTR · NASDAQ

Similar business modelstockEquity growthinference
32conn
What it captures
Listed defense-software growth economics closest to Anduril's software layer.
What it misses
Anduril's hardware platforms and manufacturing.
View in IBKRverified 2026-07-15

Kratos Defense & Security SolutionsKTOS · NASDAQ

Similar business modelstockEquity growthinference
32conn
What it captures
Listed autonomous defense platforms (target drones, CCA) with new-prime ambitions.
What it misses
Anduril's counter-UAS and border-security lines.
View in IBKRverified 2026-07-15

AeroVironment IncAVAV · NASDAQ

CompetitorstockEquity growthinference
26conn
What it captures
A listed small-drone and loitering-munition manufacturer competing in overlapping programs.
What it misses
Anduril's software-defined, venture-scaled model.
View in IBKRverified 2026-07-15

iShares U.S. Aerospace & Defense ETFITA · BATS

Thematic fundetfDiversified equity fundinference
22conn
What it captures
Diversified U.S. aerospace & defense exposure including primes Anduril sells alongside.
What it misses
Pure-play autonomy exposure; dominated by legacy primes.

Expense ratio 0.4% Holding weights are shown only when published by the issuer — the exposure may be material or incidental; check the fund’s current holdings.

View in IBKRverified 2026-07-15

Business definition

Anduril Industries designs and manufactures autonomous defense systems — drones, counter-UAS, sensor towers and underwater vehicles — integrated by its Lattice command-and-control software, sold primarily to the U.S. and allied governments.

Industries
Defense technology
Products & services
Autonomous dronesCounter-UASLattice C2 softwareUnderwater vehicles
Customers
U.S. DoDAllied governmentsBorder security agencies
Key technologies
AutonomyComputer visionRobotics
Business model
Defense products + software, sold as programs of record

Value-chain decomposition

  1. 01

    Autonomous platforms

    Drones and uncrewed vehicles.

  2. 02

    Autonomy software

    C2, sensor fusion, mission autonomy.

  3. 03

    Defense primes and programs

    Programs of record and integration.

  4. 04

    Sensors and components

    EO/IR, radar, compute modules.

Related companies and themes

These maps share public instruments with Anduril — useful for comparing exposure or spotting concentration.

Assumptions and limitations

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