Shield AI to acquire radar maker Echodyne for $5.3 billion, reaching $28.8 billion valuation
The counter-drone deal marks a major expansion for Shield AI as defense tech funding booms.
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- Bloomberg.com · lead
- BloombergDefense Tech Boom Fuels Shield AI’s Expansion
- GeekWireShield AI to buy Bill Gates-backed radar maker Echodyne in $5.3B deal, doubling down on Seattle area
- PR NewswireShield to acquire Echodyne in a transaction valued at $5.3 billion and raise $2.5 billion at a $28.8 billion valuation
- Traders UnionShield AI to acquire Echodyne in $5.3 billion radar deal, fundraise values startup at $28.8 billion