Anduril’s company logo will be displayed in the exhibition hall during the Farnborough International Air Show 2026 at the Farnborough International Exhibition Center in Farnborough, UK, on 20 July 2026.
John Keeble | Getty Images
Defense technology startup Anduril plans to give its employees the opportunity to sell their shares through a tender offer, valuing the company at about $90 billion, CNBC has confirmed.
Bloomberg first reported the news, citing sources familiar with the matter. Anduril confirmed the report to CNBC.
Employees participating in this offering may sell shares at a price of $94.80 per share. The proposal began on October 13 and ends on November 9, with a cap of $1.3 billion, according to the report.
Bloomberg reported that employees from 16 countries are eligible to participate.
Anduril has been a big winner in America’s growing defense technology boom and President Donald Trump’s military reindustrialization plan. The company closed a $5 billion funding round in May, doubling its valuation to $61 billion.
Co-founder and Oculus headset developer Palmer Lackey is among a growing group of defense technology leaders taking on advisory roles in Washington on key Pentagon contracts.
The company signed a U.S. Naval Shipyard contract worth up to $2.9 billion this month, shortly after Lackey was named co-director of Project Meridian, which aims to develop and expand military capabilities. space x The rocket maker’s CEO, Elon Musk, also joined the effort.
Founded in 2017, Anduril has become known for the drones, augmented reality headsets, and AI software it develops for the U.S. government and allied governments. The company made headlines last month when it announced that Iran had captured an underwater probe.
