Anduril Industries Acquires Area-I
April 1, 2021
Anduril Industries has acquired Area-I, a metro-Atlanta unmanned aerial systems developer and maker of the ALTIUS tube-launched aircraft platform. Area-I will operate as a wholly owned subsidiary of Anduril, expanding Anduril’s hardware portfolio and accelerating development of mission autonomy, intelligent teaming and related defense capabilities.
- Buyers
- Anduril Industries
- Targets
- Area-I, LLC
- Industry
- Aerospace & Defense
- Location
- Georgia, United States
- Transaction Type
- Buyout
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