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Shield AI Military Drone Development and Acquisition

Sector: Aerospace & Defense • Location: United States

Source: The New York Times

Project
Awarded

Shield AI, a start-up specializing in autonomous military technology, has raised $2 billion to fund its growth and acquisition of Aechelon Technology, a defense-tech start-up specializing in simulation software. The company develops software and drones used by several governments, including Ukraine, and plans to expand its product offerings including the X-BAT armed autonomous fighter jet drone.

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The project “Shield AI Military Drone Development and Acquisition” is an infrastructure initiative in the Aerospace & Defense sector, located in United States. Taiyo aggregates data on it from The New York Times.

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Description

Description

Shield AI, a start-up specializing in autonomous military technology, has raised $2 billion to fund its growth and acquisition of Aechelon Technology, a defense-tech start-up specializing in simulation software. The company develops software and drones used by several governments, including Ukraine, and plans to expand its product offerings including the X-BAT armed autonomous fighter jet drone.

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