Shield to acquire Echodyne in a transaction valued at $5.3 billion and raise $2.5 billion at a $28.8 billion valuation
Summary
Shield plans to acquire Echodyne in a deal valued at $5.3 billion and is raising $2.5 billion to finance the transaction. The acquisition will expand Shield’s mission systems business into radar and counter-drone markets. Echodyne supplies software-defined radar products used by defense, government, and commercial customers in more than 40 countries. The combined company aims to accelerate growth, broaden its product portfolio, and strengthen its position in autonomous systems and sensing.
AskAI Classifications
Sectors
Public Sector and Non Profit
Defense and Military
Manufacturing Industry
Functions
Internet of Things (IoT) Platforms
Developer and IT Infrastructure
General IoT
Linked Companies
Shield AI
$100M to $250M
Echodyne Corp.
$10M to $25M