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Business/Financial

Shield AI To Acquire V-BAT Maker Martin UAV

By Cal Biesecker

Thursday, July 29th, 2021

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Shield AI To Acquire V-BAT Maker Martin UAV

V-BAT UAS in a stationary position. (Photo: Martin UAV)

Shield AI on Wednesday said it has agreed to acquire Martin UAV in a deal that will bring in-house an existing portfolio of unmanned aircraft systems (UAS) that will be integrated with the company’s artificial intelligence (AI) platform for autonomous operations. Terms of the transaction, which is expected to close within 10 days, were not disclosed. Shield AI, a small San Diego-based company with about 240 employees, is fresh off its acquisition of Heron Systems Inc., which develops AI software…

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