What Happened
Innovation X Advisors Backs Defense Technology Leader
Shield AI, a San Diego-based defense technology company, has secured $1.5 billion in Series G financing, with participation from Innovation X Advisors. The funding values Shield AI at $12.7 billion and will support the development of AI-powered autonomous systems and next-generation aircraft. Shield AI’s portfolio includes Hivemind autonomy software and the V-BAT and X-BAT aircraft platforms. The company plans to use a portion of the funding to acquire Aechelon Technology, a defense software company specializing in simulation technology. This investment was reported by Unknown Source.