The acquisition expands Anduril’s portfolio of such systems, and accelerates the company’s strategic growth, the company said in a statement posted on its blog.
Founded in 2009 and based in the metro Atlanta region, Area-I will operate as a wholly-owned subsidiary of Anduril and will continue to operate under the Area-I brand. Its products include the Altius platform for what are called “tube-launched aircraft.”
Anduril was founded by Orange County entrepreneur Palmer Luckey.
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Anduril Buys Area-I
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