Business and InvestmentMedium importance
Shield AI to buy Echodyne for US$5.3B and lifts valuation to US$28.8B
On 11/05/2026 Shield AI (defense/AI, Hivemind, V-BAT, X-BAT) agreed to buy Echodyne (compact anti-drone radars, Kirkland/WA, customers in >40 countries incl. US military) in a transaction valued at US$5.3B. It is raising US$2.5B (US$1B Series H co-led by Disruptive and Innovation X Capital; US$1B Blackstone structured equity; US$500M JPMorgan debt) at a US$28.8B valuation. It will pay US$4.8B at close + up to US$500M on milestones; close expected early 2027; funding conditioned on the deal. CEO Gary Steele: a first step into dual-use hardware.
Published in edition no. 13 of Noticiário do Joãozinho ·
Translated by Joãozinho AI from the original Brazilian Portuguese edition. Facts, numbers and sources are the same as in the original; quotes, video titles and source names stay in their original language. Read the original in Portuguese
Original source
Shield AIThe Next Web (coverage)
https://shield.ai/shield-to-acquire-echodyne-in-a-transaction-valued-at-5-3-billion-and-raise-2-5-billion-at-a-28-8-billion-valuation/