US Army Selects Northrop Grumman, Teamed with Shield AI, for Future Tactical Unmanned Aircraft System Prototype
MCLEAN, Va., March 28, 2023 – Northrop Grumman Corporation (NYSE: NOC), teamed with Shield AI, has been chosen by the U.S. Army to participate in the Future Tactical Unmanned Aircraft System (FTUAS) competition, Increment 2, to replace the long-serving RQ-7B Shadow tactical unmanned aerial system (UAS). Under a seven-week base period contract, the Northrop Grumman-led team will […]
Boeing, Shield AI Set to Collaborate on Artificial Intelligence, Autonomy for Defense Programs
AURORA, Colo., March 8, 2023 — Boeing [NYSE: BA] and Shield AI have signed a memorandum of understanding to explore strategic collaboration in the areas of autonomous capabilities and artificial intelligence on current and future defense programs. The agreement, signed at the Air Force Association Warfare Symposium, will be managed by Boeing Phantom Works. “Boeing continues […]
Shield AI Boosts Series E to $225M as Company Continues to Accelerate Building the World’s Best AI Pilot
SAN DIEGO (December 14, 2022) – Shield AI, a fast-growing defense technology company building AI pilots for aircraft, today announced it has raised additional equity capital from the U.S. Innovative Technology Fund (USIT). This additional raise was done at the company’s Series E price and closes out the round at $225M, with $150M in equity and […]
Team V-BAT – A Proven Tactical UAS Solution for RCN ISTAR
HALIFAX, NS, Canada (Oct 4, 2022) – Team V-BAT announces the collaboration of three leading technical organizations each providing highly specialized and experienced capabilities to enable a very low-risk, non-developmental solution for the upcoming Royal Canadian Navy (RCN) Intelligence, Surveillance, Target Acquisition and Reconnaissance (ISTAR) Project. Kongsberg Geospatial announces Team V-BAT, a collaboration of three […]
Shield AI Announces Francois Chadwick as Chief Financial Officer
SAN DIEGO (Aug. 22, 2022) – Shield AI, the fast-growing defense technology company building AI pilots for aircraft, today announced that Francois Chadwick has joined the company as Chief Financial Officer. Chadwick brings more than 30 years of financial experience, serving in executive roles at Uber, KPMG, and Volta. While at Uber, he grew the finance […]
Shield AI’s V-BAT Selected for DoD’s APFIT Pilot Program
SAN DIEGO (July 20, 2022) – Shield AI, a fast-growing defense technology company building AI pilots for aircraft, today announced its inclusion in the first set of projects selected to receive funding for the Office of the Under Secretary of Defense for Research and Engineering’s (OUSD(R&E)) pilot program to Accelerate the Procurement and Fielding of Innovative […]
Shield AI’s V-BAT Participating in RIMPAC 2022
SAN DIEGO (July 11, 2022) – Shield AI announced that its V-BAT aircraft will be operating from the flight deck of USS Michael Monsoor (DDG 1001) during RIMPAC 2022, the world’s largest international maritime exercise involving more than 40 ships and 150 aircraft from 27 partner nations spanning from late June to early August in […]
Shield AI Joins Air Force’s $950 million JADC2 effort
SAN DIEGO (July 6, 2022) – Shield AI today announced it is one of the many companies awarded a $950 million ceiling indefinite-delivery/indefinite-quantity contract by the U.S. Air Force. The contract is for the maturation, demonstration and proliferation of capability across platforms and domains, leveraging open systems design, modern software and algorithm development in order to enable […]
Shield AI Raises $165M Series E to Accelerate Building of the World’s Best AI Pilot
SAN DIEGO (June 9, 2022) – Shield AI, a fast-growing defense technology company building AI pilots for aircraft, today announced it has raised $90 million in equity and $75 million in debt as part of a Series E fundraising round, increasing the Company’s valuation to $2.3 billion. With this deal, Shield AI joins Space X, […]
Shield AI And Brazils VSK Tactical Sign Deal Support Brazil Includes Purchase V-BAT
SAN DIEGO (Jan. 30, 2022) – “We love supporting partners and allies like Brazil, we aim to make them proud! Personally, I’m pumped up about the utilization of V-BAT 128 for applications ranging from counter-narcotics, maritime security, and oil rig and pipeline monitoring to rainforest security and management. Hopefully we get to see the V-BAT […]
