Shield Raises $2.5B
Summary
Shield announced a $2.5 billion financing package to support its planned acquisition of radar company Echodyne. The deal values Echodyne at $5.3 billion and combines Series H equity, structured equity, and debt financing. Shield said the acquisition will add Echodyne’s radar technology to its defense and security portfolio. The companies expect strong revenue growth this fiscal year, and the transaction includes a contingent payment tied to performance targets.
Funding
Amount
$1.0B
Total raised
Date
November 5, 2026
Announcement date
Investors
Snowpoint Ventures, JP Morgan Chase, Advent International
Lead investors
Company
shield.ai
Funded company
AskAI Classifications
Sectors
Public Sector and Non Profit
Defense and Military
Functions
No functions detected
Linked Companies
Shield AI
$100M to $250M