Event
Shield AI to acquire Aechelon and raise $2 billion at a $12.7 billion valuation
Key points
- Shield AI announced the acquisition of Aechelon Technology.
- The same announcement included $1.5 billion in Series G funding and $500 million in preferred equity financing.
- The primary event should be classified as acquisition, with financing details carried in acquisition metadata.
Company context
Shield AI builds autonomy software and unmanned aircraft systems for defence and allied operations. Its stack includes the Hivemind autonomy platform and aircraft such as V-BAT and X-BAT. The company focuses on autonomous mission execution in contested and degraded environments.
Context
- Company
- Shield AI
- Segment
- Defence
- Event type
- Acquisition
- Geography
- San Diego · United States