Resolution criteria

This market will resolve to the option corresponding to the quarter and year in which Anduril Industries completes its initial public offering (IPO). If Anduril does not complete an IPO by the end of 2028, the market will resolve to "2028 or later." If Anduril announces that it will not pursue an IPO, the market will resolve to "Anduril will not IPO." Resolution will be based on official company announcements and reputable financial news sources.

Background

Anduril Industries, founded in 2017 by Palmer Luckey and others, is a defense technology company specializing in autonomous systems and artificial intelligence for military applications. The company has experienced rapid growth, securing significant government contracts and expanding its product portfolio. As of early 2025, Anduril has raised substantial private funding, including a $1.5 billion Series F round in August 2024, valuing the company at $14 billion, and is reportedly in talks for an additional $2.5 billion funding round at a $28 billion valuation. (forbes.com)

Considerations

While founder Palmer Luckey has expressed intentions to take Anduril public, he has emphasized that the timing will depend on market conditions and the company's readiness to meet public market expectations. (breakingdefense.com) As of May 2025, no specific IPO date has been announced, and the company continues to focus on growth and building a sustainable business. (ionanalytics.com) Traders should monitor official company communications and reputable financial news outlets for updates on Anduril's IPO plans.