Anduril Industries Stock Holds Steady at $66.96 After Pentagon REGAL Contract Signals New Growth Path

Irvine, California, August 25 (Reuters) - Shares of defense-technology startup Anduril Industries remained unchanged at $66.96 on secondary markets on Monday, as investors digested the recent Pentagon study contract and watched the company’s expanding technology portfolio.

Anduril’s Tape D™ price, which tracks private company valuations through secondary-market transactions, has hovered around the $66.96 level since late last week. The firm’s valuation surge follows the U.S. Air Force Research Laboratory award of a $1 million study contract under the Rocket Experimentation for Global Agile Logistics (REGAL) program. REGAL aims to develop reentry cargo systems capable of delivering five to ten tons of payload within one hour-an accelerated timeline that underscores the Pentagon’s interest in rapid-response logistics.

Alongside the REGAL announcement, Anduril’s foray into orbital cargo services, announced on Friday, has drawn additional investor attention. The startup disclosed that it would adapt its autonomous systems expertise-previously focused on drones and sensors-to design reentry containers for commercial reusable rockets, positioning itself at the intersection of defense and commercial space logistics.

Market analysts say Anduril’s dual thrust into advanced munitions and space-cargo technology could underpin future valuation steps once the company completes its planned $1 billion manufacturing expansion in Columbus, Ohio. Anduril co-founder Palmer Luckey reiterated over the weekend that an eventual IPO remains on the horizon, contingent on proving the new manufacturing and orbital logistics initiatives at scale.

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