Shield AI acquires radar firm Echodyne in $5.3B deal

Shield AI is acquiring radar manufacturer Echodyne for $5.3B at a $28.8B valuation to enhance its counter-UAS capabilities. To fund the transaction, Shield AI is raising $2.5B through equity and debt. The deal, expected to close in early 2027, aims to expand Shield AI's market reach beyond military applications into public safety sectors. This strategic acquisition provides Shield AI with an in-house radar offering for counter-drone systems to diversify its current product portfolio.