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Anduril, founded by Palmer Luckey, will take over the development of Microsoft's mixed-reality IVAS program for the US Army, integrating AR and VR to enhance soldiers' combat capabilities.

Anduril announced on Tuesday that it's taking over Microsoft's 10-year contract to make mixed-reality goggles for soldiers.

The company, which announced a nearly $1 billion investment in central Ohio, will take over the project for the U.S. Army.