![]() His sisters went to regular schools, he says. The only reason Luckey was home-schooled was that he was “not good at recognizing authority”. An Anduril Long Range Sentry Tower, designed to identify and track drones. And it all started with a difficult kid tinkering in his dad’s garage. But their presence has, they say, prompted a battery manufacturer to move here, and they are helping their Australian suppliers raise capital to boost production to meet their needs. The “additional things” Anduril is bringing to Australia include the manufacture of counter-drone systems and perhaps maritime surveillance systems. It is r eportedly taking in more than US$150 million in annual revenue. Six years after its founding, it was valued at US$8.48 billion last December when it raised S$1.48 billion in its sixth funding round, bringing total capital injections to US$2.2 billion. It’s not like Anduril has been ignored in the US. “When we say we’re going to bring $70 million of our own money and build a team of hundreds of people on just this initial program – that’s something where the government says, ‘We’re paying attention.’” Palmer Luckey We have many competing internal political machinations that mean that a program that makes sense is not necessarily one that can get through the bureaucracy.”Īnd Australia is more cognisant of the benefits of a company like Anduril moving in, says Luckey. “In the United States, we have a huge defence apparatus. “One is that we found good people in Australia,” he says. There are numerous reasons for his fondness for Australian bureaucrats. ![]() Five months after the initial cold call, his startup, Anduril, had inked a $140-million deal with the Australian government to build three bus-sized robotic submarines – “Ghost Sharks” – in Australia, with the understanding the Royal Australian Navy would take plenty more – at a much lower price – if the subs prove themselves. He has good reason to like Australian public servants. Luckey is one of only four self-made US-dollar billionaires under 30, according to Forbes. “Try spending some time in the United States, and you’ll understand,” he says, responding to a raised Aussie eyebrow. ![]() The proud American patriot, famous for Hawaiian shirts and libertarian views, also has a great fondness for Australia’s bureaucrats. At 30, he’s bringing his defence disruptor to Australia to build submarines and much more. Palmer Luckey sold his first business to Facebook for US$2 billion when he was 21. ![]()
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