About Area-I
Area-I is a company based in Marietta (United States) founded in 2009 was acquired by Anduril in April 2021.. The company has 1,086 employees as of December 31, 2022. Area-I offers products and services including Bolt, Barracuda, Roadrunner, Copperhead, and Solid Rocket Motors. Area-I operates in a competitive market with competitors including Shield AI, ideaForge, Tekever, Airobotics and Aeryon Labs, among others.
- Headquarter Marietta, United States
- Employees 1086 as on 31 Dec, 2022
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Sectors
Aerospace, Defense & Maritime
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Email
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Phone
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Website
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Social
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- Legal Name Anduril Industries Inc
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Products & Services of Area-I
Area-I offers a comprehensive portfolio of products and services, including Bolt, Barracuda, Roadrunner, Copperhead, and Solid Rocket Motors. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Autonomous air system for reconnaissance and surveillance missions.
Connected air system controlled by Lattice for mission profiles.
Autonomous system enabling intelligence and surveillance operations.
Autonomous underwater vehicle for survey and inspection tasks.
Supplier of conventional and next-generation rocket motors for defense.
Funding Insights of Area-I
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Area-I
Area-I has secured backing from 1 investor. Prominent investors backing the company include Anduril. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provider of AI-based drone surveillance solutions for defense and maritime sector
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Area-I
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Area-I
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Area-I Comparisons
Competitors of Area-I
Area-I operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shield AI, ideaForge, Tekever, Airobotics and Aeryon Labs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Autonomous drones and AI pilots for fighter jets are developed.
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| domain | founded_year | HQ Location |
Developer of unmanned aerial vehicles
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| domain | founded_year | HQ Location |
UAVs and software are manufactured for military and enterprise surveillance.
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Design and development solutions for industrial drones are provided.
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| domain | founded_year | HQ Location |
UAVs for HD imagery and aerial intelligence operations are provided.
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Manufactures drones for tactical purposes
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Area-I
When was Area-I founded?
Area-I was founded in 2009.
Where is Area-I located?
Area-I is headquartered in Marietta, United States. It is registered at Marietta, Georgia, United States.
How many employees does Area-I have?
As of Dec 31, 2022, the latest employee count at Area-I is 1,086.
What does Area-I do?
Area-I was founded in 2009 and is based in Marietta, United States. Operations center on the aerospace sector, where unmanned aerial systems are produced, such as tube-launched and tube-stored aircraft alongside research models equipped with hybrid power systems and configurable wings. Services encompass mechanical design, prototyping, systems integration, flight control for unmanned systems, and testing procedures.
Who are the top competitors of Area-I?
Area-I's top competitors include ideaForge, Shield AI and Airobotics.
What products or services does Area-I offer?
Area-I offers Bolt, Barracuda, Roadrunner, Copperhead, and Solid Rocket Motors.
Who are Area-I's investors?
Area-I has 1 investor. Key investors include Anduril.