Palmer Luckey

Anduril Industries is set to launch its massive Arsenal-1 weapons manufacturing plant in Columbus, Ohio. Assembly lines expected to become operational within weeks, founder Palmer Luckey revealed to Axios. The facility, designed for rapid mass production of advanced aerial and maritime drone...

Palmer Luckey is best known for the billion-dollar sale of Oculus and for building defense giant Anduril. But long before those headline-grabbing bets, he had a side hustle, a retro-gaming project he started as a teenager that is now reportedly in talks for funding at a $1 billion valuation. The...

Palantir Technologies Inc (NASDAQ:PLTR), long the poster child of Pentagon-backed defense AI, is losing its monopoly grip as a new breed of U.S. startups – flush with capital and Silicon Valley backing – race into its turf. Companies like Anduril Industries, Shield AI, and Applied...

Anduril Industries CEO Palmer Luckey disclosed Wednesday that his company’s autonomous weapons systems have destroyed “hundreds of millions” worth of Russian military assets in Ukraine, while advocating for increased U.S. military support as the fastest path to peace. What...

Peter Thiel's fascination with J.R.R. Tolkien's "The Lord of the Rings" isn't just a personal quirk — it's a strategic theme that runs through his business empire.  From Palantir to Anduril and now Erebor, Thiel's ventures borrow their names from Middle-earth and reflect his ambition to shape the...

Defense tech billionaire Palmer Luckey is spearheading the launch of Erebor, a digital-only bank targeting startups, cryptocurrency businesses, and defense contractors left underserved after Silicon Valley Bank‘s collapse in March 2023. What Happened: The venture brings together a powerhouse...

Defense technology firm Anduril Industries has formed a strategic partnership with German defense giant Rheinmetall to co-develop autonomous air systems and propulsion capabilities for the European market. What Happened: Anduril Industries and Rheinmetall announced a collaboration to jointly...

Palmer Luckey, the founder of defense technology startup Anduril Industries, has reportedly backed a cryptocurrency-friendly banking startup that aims to revolutionize the financial sector. What Happened: Luckey is backing a budding financial firm that aims to provide “...

Defense tech giant Anduril Industries will pursue a public offering, as CEO Palmer Luckey confirmed the company’s initial public offering plans during an interview. What Happened: “We are definitely going to be a publicly traded company,” Luckey told CNBC. He emphasized that...

Years after a controversial split, Mark Zuckerberg's Meta Platforms, Inc. (NASDAQ:META) and Palmer Luckey are teaming up again—this time to equip U.S. soldiers with next-gen combat headsets. What Happened: On Thursday, Meta and Luckey-led defense tech startup Anduril Industries announced a...

Palmer Luckey says the arms race is no longer about bigger missiles but autonomous weapons that operate using artificial intelligence and he wants the United States to be "the world gun store" that supplies them. What Happened: The Anduril founder told CBS' 60 Minutes that commercial tech has...

Palmer Luckey, the virtual-reality prodigy who sold Oculus to Facebook for $2 billion in 2014, says that payday granted him entry to an ultra-exclusive group chat called the "B Boys Club." What Happened: The only password to the group chat is a unicorn-level exit: founders must have sold a company...

Palmer Luckey, founder of Oculus and Anduril Industries, has voiced strong criticism against the reaction to DeepSeek, labeling it as an overreaction. What Happened: On Tuesday, Luckey took to X, formerly Twitter, and described the hysteria surrounding DeepSeek, a China-based AI startup, as an...

Palmer Luckey, founder of U.S. defense technology startup Anduril Industries, has voiced his support for President-elect Donald Trump’s defense strategy. What Happened: On Thursday, in an interview with Bloomberg TV, Luckey discussed the 2024 U.S. presidential election results and his ...

Prominent figures in the tech industry, including Marc Andreessen and Palmer Luckey, have leveled accusations of deliberate censorship against Alphabet Inc.’s Google-owned YouTube. What Happened: Last week, a social media handle in a post on X, formerly Twitter, accused YouTube of suppressing...