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In a deal that strengthens its product portfolio and gives it a presence in Australia, Shield AI on Thursday said it has agreed to acquire Melbourne-based Sentient Vision Systems, which provides a low-cost artificial intelligence-enabled sensor that can detect land and maritime targets over vast areas compared to traditional electro-optical and infrared (EO/IR) products. Terms of the deal, which is expected to close in four to six weeks pending regulatory approvals in Australia, were not disclosed. Sentient has about 50…
