Defense technology firm Anduril Industries has acquired ExoAnalytic Solutions, a national security firm specializing in space sensing, awareness, and missile defense.

The strategic move aligns with Anduril’s ambition to secure a role in President Donald Trump‘s Golden Dome missile defense project.

The terms of the deal were not disclosed, and the acquisition is still subject to regulatory approvals, Reuters reported on Wednesday.

ExoAnalytic Solutions has evolved from developing missile-defense algorithms to building a global telescope network that tracks thousands of objects in orbit. The company operates more than 400 telescope systems worldwide, delivering what Anduril Industries describes as persistent, high-fidelity monitoring of deep space on a global scale.

Anduril Industries said the acquisition of ExoAnalytic Solutions will strengthen its space ambitions by combining ExoAnalytic's global sensor network and data analytics with Anduril's autonomy and command-and-control technology, according to engineering SVP Gokul Subramanian. The deal marks Anduril's first under its space unit and its 11th acquisition overall.

$4 Billion Funding, IPO Push Fuel Growth

Anduril’s acquisition of ExoAnalytic Solutions comes on the heels of a massive $4 billion funding round led by Thrive Capital and a16z, which valued the defense technology company at $60 billion. The fundraising could bring in as much as $8 billion as global conflicts rise, and the use of autonomous machines in military operations becomes increasingly prevalent.

Notably, in November, the Space Force awarded several small Golden Dome contracts, worth roughly $120,000 each, to companies including Northrop Grumman ( NOC ) (NYSE:NOC), Anduril, and True Anomaly to develop competing missile defense prototypes, marking the first concrete steps.

Furthermore, Anduril’s CEO, Palmer Luckey, confirmed the company’s plans for an initial public offering (IPO). Luckey emphasized that Anduril is “running this company to be the shape of a publicly traded company,” citing the necessity for public status to compete for massive defense contracts.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by a Benzinga editor

Image via Shutterstock