Anduril has purchased missile tracking and intelligence company ExoAnalytic Solutions as it broadens its involvement in U.S. defense matters in space, the firm announced on Wednesday.
With this acquisition, Anduril intends to utilize ExoAnalytic’s extensive network of telescopes and missile defense tracking to collect data that enhances its terrestrial and satellite capabilities.
The defense technology company seeks to enhance the Department of Defense‘s awareness in space as it transforms into a “war-fighting domain,” stated Gokul Subramanian, Anduril’s senior vice president of engineering for software programs.
“We believe the [Department of Defense] deserves the most comprehensive catalog of activities occurring in space across commercial and government-specific investments,” he conveyed to reporters. “We aspire to contribute to that solution for the warfighter.”
President Donald Trump aims to implement a $175 billion defense system to safeguard the U.S. from missile threats and restore deteriorating U.S. military systems.
Defense technology companies like Anduril are enhancing their capabilities in hopes of securing future contracts for the expansive initiative, referred to as the “Golden Dome,” where tracking systems and satellite information are pivotal.
Anduril, which was established by Oculus creator Palmer Luckey in 2017, is progressively expanding its portfolio of space and satellite defense capabilities while advancing beyond its widely recognized autonomous drone technology. This marks the company’s inaugural acquisition for its space division.
The firm is also assisting the U.S. Army in developing its $22 billion augmented reality headset initiative.
Reports surfaced this month indicating that Anduril is negotiating to raise billions and double its valuation. In June, Anduril last raised $2.5 billion at a $30.5 billion valuation.
