Bloomberg Talks

Anduril CEO Talks Ohio Plant, an IPO, Working With Trump

17 snips
Jan 16, 2025
Palmer Luckey, Founder and CTO of Anduril Industries Inc., discusses his ambitious plan to establish a massive manufacturing facility in Columbus, Ohio. This site will focus on autonomous systems and military weapons, generating around 4,000 jobs. He also explores the potential for an IPO and the implications of collaborating with Donald Trump's administration. Luckey delves into the competitive landscape for talent and emphasizes the crucial need for reforms in military procurement to ensure national security.
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INSIGHT

Anduril's Ohio Expansion

  • Anduril Industries is building a new manufacturing facility in Ohio to produce autonomous systems and weapons.
  • This move aims to address national security threats and the predicted shortage of munitions in a potential conflict with China.
ANECDOTE

Why Not California?

  • Palmer Luckey explains why California was never considered for Anduril's new facility.
  • High costs, unreliable energy and politics, and less focus on job creation contributed to the decision.
ANECDOTE

Attracting Talent

  • Anduril plans to attract talent from both Ohio and out of state.
  • Luckey, having achieved financial success with Oculus VR, will buy a house in Ohio.
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