Sign In
Search
Advanced / Transformational Technology

Shield AI Gets $60 Million Boost To Funding Round

Cal Biesecker By
SHARE:
Shield AI Gets $60 Million Boost To Funding Round
V-BAT medium-size UAS in a maritime application. V-BAT is a Shield AI product. Photo: Shield AI

Shield AI this week said it received another $60 million equity investment to funding round that previously closed at $165 million, giving the small defense technology startup more firepower to accelerate the development of artificial intelligence (AI) pilots. With the new funding from the U.S. Innovative Technology Fund, the Series E funding round is closed at $225 million, with $150 million in equity and $75 million in debt. Shield AI is developing software it calls Hivemind that is an AI…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Advanced / Transformational Technology

Shield AI, Destinus Demonstrating Collaborative Autonomy Between Drones For Use In Ukraine

Advanced / Transformational Technology

Navy Demos Dual Use Laser For Power Transfer And C-UAS

Advanced / Transformational Technology

Pentagon May Make ‘Tradeoffs’ For Low-Cost Autonomous Tech Without Reconciliation Funds, CTO Says

Advanced / Transformational Technology

Space Force Looking Into Architecture For Epoch 3 And Epoch 4

Trending

Capella Validates Mynaric Optical Terminal on Latest SAR Satellite
House Appropriators Uncertain Navy Will Award F/A-XX Contract By August
Lockheed Martin Nabs $35 Billion THAAD Contract For Framework Agreement
Space Force Awards Boeing $2 Billion MUOS Service Life Extension Contract
Six F-35Bs Delivered Without Radars Thus Far, Program Director Says

Congress Updates

Congress

House Appropriators ‘Concerned’ With JLTV A2 Delays, Shift Funds For Marines’ Second Supplier Effort

House appropriators have said they’re “seriously concerned” with Joint Light Tactical Vehicle (JLTV) A2 delays, as their fiscal year 2027 defense spending bill shifts funds to support the Marine Corps’ […]

Budget

House Appropriators Uncertain Navy Will Award F/A-XX Contract By August

House appropriators said they are skeptical the Defense Department will award the engineering and manufacturing development (EMD) contract for the Navy’s F/A-XX next-generation carrier-based fighter program by the most recent […]

Congress

House Appropriators Approve $1.07 Trillion FY ‘27 Defense Bill Amid Reconciliation Uncertainty

The House Appropriations Committee has approved its $1.07 trillion fiscal year 2027 defense spending bill, advancing a bill with a historic topline while uncertainty lingers over Congress’ next step to […]

Budget

House Appropriators Add Restrictions And Reporting Requirement To Battleship, Reject Cut

The chairman’s mark of the House Appropriations Committee’s (HAC) fiscal year 2027 defense appropriations bill funds the administration’s $1 billion request for the BBG(X) Trump-class battleship, but adds restrictions requiring […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume