Episode Details
Back to EpisodesShield AI Raises $1.5B for Autonomous Military Aircraft
Published 2 weeks, 2 days ago
Description
Shield AI, a leader in autonomous military aircraft, secures $1.5 billion in funding, led by Advent and JPMorgan Chase, with Blackstone investing $500 million in preferred shares. This funding boosts their acquisition of Aechelon Technology and follows a 140% valuation increase in a year, driven by Hivemind softwares selection for the U.S. Air Forces drone program.
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