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’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 […]
Shield AI Awarded Max AFWERX STRATFI Contract Focused On Operational Intelligent
SAN DIEGO (Jan. 27, 2022) – “We’re fired up – this program is centerline with our mission to advance U.S. core values by providing DoD with leading technology. We believe the operational products that will result from this program are fundamental to national security and global stability. This program will lead to operational intelligent swarming […]
Shield AI Establishes International Office UAE Under Leadership Bob Harward
SAN DIEGO (Jan. 25, 2022) – “Teams of autonomous aircraft that train and learn to execute increasingly complex missions will give our military and allies intelligent, affordable mass. The intersection of AI, autonomy, and aircraft is transformational to the battlefield and national security — and is required to maintain global stability in an increasingly unstable world. One only needs to look at recent headlines around the world to see our relative global stability and peace is under immense threat. Shield AI has marshalled the talent, resources, and resolve […]
Martin UAV Kicks Off MTUAS Increment 2 Effort With Naval Air Warfare Center Aircraft Division
SAN DIEGO – (November 16, 2021) Shield AI, the defense-technology company using self-driving software to enable collaborative teams of unmanned aircraft to operate in GPS- and RF-denied environments, announced today that Martin UAV (a Shield AI company) kicked off its Multi-Mission Tactical UAS Increment 2 (Mi2) prototype effort with Naval Air Warfare Center Aircraft Division (NAWCAD) on […]
