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Autonomous combat drone maker Shield AI buys radar startup Echodyne for $5.3B

· siliconangle.com · popularity 26/100 · 1 similar story today · Defense Technology (Military & Maritime)

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Summary

Defense technology startup Shield AI Inc. said today it has agreed to buy the Bill Gates-backed radar startup Echodyne Inc. in a deal valued at $5.3 billion. The acquisition is intended to enhance Shield’s autonomous drone warfighting capabilities, it said. Echodyne is a 13-year-old startup that’s best known for its Metamaterials Electronically Scanned Array or […] The post Autonomous combat drone maker Shield AI buys radar startup Echodyne for $5.3B appeared first on SiliconANGLE .

Found in: SiliconANGLE. Rating basis: 1 other outlets; outlet tier 2 (unlisted); 1 feeds; feed position 2.

Same story elsewhere today

  1. Shield AI buys radar maker Echodyne for $5.3B at a $28.8B valuationthenextweb.com