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Perennial Autonomy

US counter-drone company; won $500M JIATF-401 IDIQ in May 2026 for Merops interceptors.

Last refreshed: 21 May 2026 · Appears in 1 active topic

Key Question

With $500M locked in, can Perennial Autonomy scale fast enough to meet JIATF-401 demand before rivals close the gap?

Timeline for Perennial Autonomy

#919 May

Won $500M JIATF-401 counter-drone IDIQ for Merops, Bumblebee and Hornet platforms

Drones: Industry & Defence: Perennial wins first JIATF-401 IDIQ at $500M
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Common Questions
What is Perennial Autonomy and who founded it?
Perennial Autonomy is a US counter-drone company founded by former Google CEO Eric Schmidt, originally launched in 2022-2023 as White Stork, then renamed Project Eagle in 2024, before the current rebrand.Source: JIATF-401 contract reporting, Tectonic Defense
Why did JIATF-401 pick Perennial Autonomy for a $500 million contract?
Perennial's Merops interceptor was combat-proven in Ukraine — credited with over 4,000 Russian drone kills — and costs roughly $15,000 per unit, 200 times cheaper than a PAC-3 MSE missile interceptor sized for the same drone threat.Source: JIATF-401 award reporting
What is the difference between Project Eagle and Perennial Autonomy?
They are the same company. The initiative was launched as White Stork in 2022, renamed Project Eagle in February 2024, and rebranded to Perennial Autonomy as it moved from research into institutional procurement.Source: Defence News, IRIA News
Where will Perennial Autonomy produce Merops drones in Europe?
Perennial named Munich-based Twentyfour Industries as its European production partner on 20 May 2026, placing manufacturing near Munich for NATO supply without disrupting the US contract ceiling.Source: Lowdown event reporting
How many Merops drones were deployed to the Middle East?
10,000 Merops interceptors were diverted from the Ukraine supply pipeline to the Gulf within five days of the Iran war starting in March 2026, at a cost of $14,000-$15,000 per unit.Source: US Army deployment reporting

Background

Perennial Autonomy is a US defence-technology company founded by Eric Schmidt in 2022-2023, originally as White Stork and then Project Eagle, that develops and manufactures AI-guided counter-drone systems including the Merops interceptor, Bumblebee quadcopter and Hornet strike drone.

Perennial Autonomy secured a $500 million three-year IDIQ counter-drone contract from Joint Interagency Task Force 401 on 19 May 2026 — the first named IDIQ JIATF-401 has ever awarded. The ceiling covers three platforms: the Merops air-to-air interceptor at roughly $15,000 per unit, the Bumblebee quadcopter, and the Hornet mid-range strike drone. The day after the contract award, the company named Twentyfour Industries of Munich as its European production partner for Merops, establishing a NATO supply line without disturbing the US ceiling.

The company traces its origins to 2022, when former Google and Alphabet CEO Eric Schmidt began meetings with Ukrainian officials and launched the initiative as White Stork. It was renamed Project Eagle in February 2024 and rebranded to Perennial Autonomy ahead of its institutional procurement push. Engineers drawn from Apple, SpaceX and Google built the Merops interceptor using live Ukrainian combat data on Russian Shahed interception patterns; the system is credited with destroying more than 4,000 Russian drones in Ukraine and was diverted in a 10,000-unit emergency deployment to the Gulf in March 2026 within five days of the Iran war's start.

At $15,000 per unit, Merops sits 200-to-one cheaper than a PAC-3 MSE interceptor and is specifically sized for the drone threat class conventional interceptors cannot sustain. The JIATF-401 IDIQ does not displace competitors — Anduril's Ghost-X sole-source and AeroVironment's Switchblade LASSO remain active — but it resets the procurement benchmark for every counter-drone contract that follows.

Source Material