TechAILatest.newsTrackers

Shield AI news

Defense technology company1 story

Shield AI, which uses the name Shield in its announcements, is a US defense technology company that makes the Hivemind autonomy software for aircraft and drones and the V-BAT drone.

Every story about Shield AI

Abstract illustration of rising bars and a growth lineTech AI Latest

Shield AI agrees to buy radar maker Echodyne for $5.3 billion and raises $2.5 billion

AI Business & Funding

Shield AI agreed on 5 November 2026 to buy drone radar maker Echodyne for up to $5.3 billion, backed by a $2.5 billion raise at a $28.8 billion valuation.

Summary

Shield AI, the US maker of the Hivemind autonomy software and V-BAT drones, agreed on 5 November 2026 to acquire Echodyne, a Kirkland, Washington maker of counter-drone radars, in a deal valued at up to $5.3 billion. To pay for it, Shield is raising $2.5 billion: a $1 billion Series H at a $28.8 billion post-money valuation, $1 billion of structured equity from Blackstone funds and $500 million of debt. Closing is expected in early 2027.