Shield AI to acquire Aechelon and raise $2B at $12.7B valuation - Defensehere

▤ Summary

Shield AI plans to acquire Aechelon Technology and raise $2 billion in new financing, including $1.5 billion in Series G and $500 million in preferred equity, valuing the company at $12.7 billion. The proceeds will help fund the acquisition, which remains subject to regulatory approval. Aechelon builds high-fidelity simulation and synthetic environments used by the U.S. military and allies, and Shield AI says the deal will strengthen its Hivemind autonomy software for AI pilots and defense systems. Shield AI’s software already runs on fighter jets, UAVs, helicopters and ground systems, and Aechelon will continue operating independently within Shield AI while supporting defense customers.

▦ Linked Companies

Aechelon Technology, Inc.

$10M to $25M

Shield AI

$100M to $250M