Houlihan Lokey Advises Klas

Transaction: Klas - Anduril

Houlihan Lokey is pleased to announce that Klas has signed a definitive agreement to be acquired by Anduril Industries (Anduril).

Klas is a global leader in edge computing and tactical communications. The company brings more than 30 years of experience developing innovative, rugged, scalable, and portable communications solutions for the network edge. Klas’ rugged, low size, weight, and power (SWaP) deployable communications solutions are designed to meet the demanding needs of government, military, automotive, and transportation markets. Klas operates across two offices located in Herndon, Virginia, and Tampa, Florida, with corporate offices located in Washington, D.C., and internationally in Dublin, Ireland.

Headquartered in Costa Mesa, California, Anduril is a defense technology company with a mission to transform U.S. and allied military capabilities with advanced technology. By bringing the expertise, technology, and business model of the 21st century’s most innovative companies to the defense industry, Anduril is changing how military systems are designed, built, and sold. Anduril’s family of systems is powered by Lattice, an AI software platform that turns thousands of data streams into a real-time, 3D command and control center.

The transaction brings Klas’ rugged hardware into Anduril’s portfolio of autonomous systems and connected warfare capabilities, delivering faster, more resilient, and seamlessly integrated solutions for operations in harsh conditions at the tactical edge. Klas is best known for its Voyager line: a modular family of computing and networking systems built to survive extreme temperatures, jamming, dust, and denied environments. Voyager is already deployed as part of Anduril’s Menace family of systems, supporting operations across ground, maritime, and air domains. By unifying Anduril’s Lattice software platform, autonomy, and sensor capabilities with Klas’ compute and networking infrastructure, Anduril can deliver lightweight, mission-tailored systems that are faster to deploy, easier to maintain, and more resilient under pressure. Anduril can now adapt edge compute and comms to the specific needs of each mission, platform, or unit—reducing integration risk and getting critical tech into the hands of warfighters faster.

Houlihan Lokey served as the exclusive financial advisor to Klas and marketed, structured, and negotiated the transaction on behalf of the company.

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