Career Timeline of Palmer Luckey: Major Achievements and Milestones

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Palmer Luckey

How Palmer Luckey built a successful career. Explore key moments that defined the journey.

Palmer Luckey is an American entrepreneur who founded Oculus VR and designed the Oculus Rift, a pioneering virtual reality headset. He is credited with revitalizing the VR industry. After leaving Oculus in 2017, Luckey founded Anduril Industries, a defense technology company specializing in autonomous drones and sensors for military applications. He was recognized on Forbes' list of America's Richest Entrepreneurs Under 40 in 2016.

2009: Founded ModRetro Forums

In 2009, Palmer Luckey founded the ModRetro Forums with a friend. It was an online community for "portabilization", revolving around converting old hardware into portable units.

2009: Began Building VR Headsets

In 2009, at age 16, Palmer Luckey began building his own VR headsets to address the shortcomings of existing head-mounted displays, such as low contrast and high latency.

April 2012: Launched Oculus VR

In April 2012, Palmer Luckey launched Oculus VR to facilitate the Kickstarter campaign for the Oculus Rift.

August 2012: Brendan Iribe Hired as CEO of Oculus

In August 2012, after a successful Kickstarter campaign, Palmer Luckey hired Brendan Iribe as the CEO of Oculus VR, leading to company expansion and further development of the Oculus Rift.

2012: Showcasing Doom 3: BFG Edition on the Oculus Rift

In 2012, John Carmack demonstrated id Software's Doom 3: BFG Edition on Palmer Luckey's Oculus Rift prototype at the Electronic Entertainment Expo, generating significant attention and leading Luckey to drop out of university to focus on the Rift full-time.

March 2014: Facebook Acquires Oculus VR

In March 2014, acquired Oculus VR for US$2 billion. Palmer Luckey's share was not made public.

September 2016: Donation to Nimble America and Subsequent Apology

In September 2016, Palmer Luckey donated $10,000 to "Nimble America", an organization promoting "America First" ideals and offered to match donations from r/The_Donald users. Following negative impact on Oculus, Luckey apologized on , stating he acted independently. It was later reported he was pressured to make the statement as a condition of employment.

March 2017: Luckey Leaves Facebook and Oculus

In March 2017, Palmer Luckey left and stopped his involvement with Oculus VR. No explanation was given by either party.

June 2017: Founded Anduril Industries

In June 2017, Palmer Luckey founded Anduril Industries, a military technology company focused on autonomous technology.

2017: Luckey Leaves Oculus and Founds Anduril Industries

In 2017, Palmer Luckey left Oculus VR. He subsequently founded Anduril Industries, a military technology company focused on autonomous drones and sensors.

March 2018: Anduril's Pilot Program at the Southern Border

In March 2018, Anduril Industries began a pilot program for the US government to detect human trafficking and drug smuggling at the southern border of the US.

September 2020: Anduril Awarded ABMS Contract

In September 2020, Palmer Luckey announced that Anduril received a $967M contract for the Advanced Battle Management Systems (ABMS) project by the U.S. Air Force.

February 2022: Anduril Wins SOCOM Contract

In February 2022, Anduril won a $1 billion contract to lead counter-unmanned systems work for United States Special Operations Command (SOCOM).

May 4, 2022: Anduril and Australian Military Negotiations

On May 4, 2022, Anduril and the Australian military began commercial negotiations for a $100 million co-funded program to design, develop, and manufacture extra-large autonomous undersea vehicles (XL-AUVs) for the Royal Australian Navy.

November 2022: Creation of VR Headset that Kills User

In November 2022, Palmer Luckey created a VR headset art piece, a modified Meta Quest Pro, that kills the user in real life if they die in the video game. The headset uses explosive charges to target the user's forebrain.

December 2022: Anduril Raises $1.5 Billion

In December 2022, Anduril raised around $1.5 billion led by Valor Equity Partners, valuing the company at $8.5 billion.

June 2024: ModRetro Releases the Chromatic

In June 2024, ModRetro, the company founded by Palmer Luckey, released its first product, the ModRetro Chromatic, a handheld retrogaming device designed to play original Game Boy games.

May 2025: Anduril and Meta Partner for Military XR Devices

In May 2025, Anduril and Meta announced a partnership to develop extended reality (XR) devices for the U.S. military, combining Meta’s Reality Labs hardware and Llama AI model with Anduril’s Lattice software. This followed the Army reassigning a $22 billion augmented reality contract from Microsoft to Anduril earlier in the year.