Palmer Freeman Luckey, born September 19, 1992, is an American entrepreneur and engineer known for founding Oculus VR and designing the Oculus Rift, a virtual reality headset credited with reviving the VR industry. In 2014, Facebook (now Meta) acquired Oculus for $2 billion. After leaving Facebook in 2017, Luckey founded Anduril Industries, a defense technology company specializing in autonomous drones and sensors for military applications.
As of November 2025, Luckey's estimated net worth is $3.5 billion. Anduril has secured significant contracts, including a $1 billion contract with United States Special Operations Command (SOCOM) for counter-unmanned systems. Anduril also took over the US Army's Integrated Visual Augmentation System (IVAS) program. Recently, Anduril partnered with Meta to build AR and VR systems for the U.S. military. In February 2026, Luckey met with Israeli defense startups to explore potential partnerships for Anduril. In June 2024, a company founded by Luckey called ModRetro released a handheld retrogaming device called ModRetro Chromatic.