"Shield AI's Hivemind autonomy software was selected in February as a provider for the U.S. Air Force Collaborative Combat Aircraft drone prototype program, marking a significant milestone for the company."
"The new funding round comes after Shield raised $240 million at a $5.3 billion valuation in March 2025, indicating a remarkable growth trajectory with a 140% increase in value within a year."
"Interestingly, Shield's software was selected to work with competitor Anduril for its 'Fury' autonomous fighter jet, showcasing the Air Force's strategy to avoid reliance on a single vendor for its next-gen drone fleet."
Shield AI secured $1.5 billion in Series G funding, reaching a $12.7 billion post-money valuation. The funding round was led by Advent and a JPMorganChase investment group. Shield AI also sold $500 million in preferred shares to Blackstone and arranged a $250 million loan. This capital will facilitate the acquisition of Aechelon Technology, which specializes in flight simulation tech for U.S. military pilots. Shield AI's value increased by 140% in one year, driven by its selection for the U.S. Air Force's drone program.
Read at TechCrunch
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