Artificial intelligence technology developer Shield AI has secured funds from the U.S. Air Force’s AFWERX innovation program to integrate autonomy tool into military and commercial aircraft platforms. The Strategic Funding Increase Program award will allow the San Diego-based company to demonstrate the potential of its Hivemind software to support drone swarming and electronic vertical take-off […] More

Shield AI has secured $210 million in equity financing as part of Series D funding round led by Austin, Texas-based technology investor Disruptive and will use the funds to invest in artificial intelligence capabilities for military aircraft and advance growth initiatives across defense and commercial sectors. “The funding round enables Shield AI to move one […] More

Johnny Cochran, a retired U.S. Army colonel a former congressional fellow who provided advice and assistance to Sen. Mike Rounds, has been appointed to serve as vice president of strategic engagements at San Diego-based company Shield AI. Cochran formerly led the military's Close Combat Lethality Task Force and contributed a total of over 25 years to the Army.

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Defense technology company Shield AI has secured $90 million in a round of Series C equity and debt financing led by venture capital firm Point72 Ventures. The company will use the funds to further integrate into additional defense platforms its self-driving software, called Hivemind.

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Textron Systems has partnered with Shield AI to integrate the latter's artificial intelligence technologies into Textron's land, air and sea-based unmanned systems for various multidomain defense applications.

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Shield AI has received a nine-month, $1 million “other transaction” agreement from the U.S. Army to develop an autonomous tactical airborne drone prototype. The Army’s Contracting Command-New Jersey awarded the OTA on behalf of  the Defense Innovation Unit Experimental and the Naval Special Warfare Command, according to a notice posted Thursday on FedBizOpps. San Diego, California-based Shield AI develops artificially intelligent robots […] More

DroneShield and Trakka Systems jointly demonstrated at Eglin Air Force Base a new technology designed to detect and counter unmanned aircraft system threats. The vehicle-mounted Trakka Interceptor Package Solution or TIPS-C uses DroneShield's DroneSentry-C2 software to detect and track drones by providing a common operating picture within the local airspace, DroneShield said Monday.

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Raytheon has developed and tested electronic warfare tools intended to provide protection to U.S. Air Force vehicles.

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Fenton, Missouri-based managed cloud and security service provider Fpweb.net has received three international certifications that seek to recognize the company's compliance with requirements for cloud platforms, personal information and technical data. The company said Monday it secured the Federal Risk and Authorization Management Program certification for its cloud computing platforms and services. Fpweb.net also received […] More

Lockheed Martin and U.S. Indo-Pacific Command jointly demonstrated command and control technology capabilities designed to support multidomain operations during the biennial Valiant Shield military exercise. The defense contractor said Tuesday its DIAMONDShield battle management system integrated with four virtualized Aegis weapon system nodes to gather and analyze operational data from air, land, sea and space […] More

Seventeen companies and the National Security Space Association have forged an alliance to fundraise for humanitarian aid and relief efforts to help people in Ukraine amid Russia’s invasion. The Space Industry for Ukraine consortium said Tuesday it has raised almost $1 million to date and aims to deploy medical and food supplies, mobile refugee clinics […] More

Leidos‘ Dynetics subsidiary has selected Benchmark Electronics to produce electronic components of a ground-based weapon system meant to help the U.S. Army deter aerial threats. Benchmark said Thursday it will manufacture advanced electronics for the Enduring Shield system at a Huntsville, Alabama-based facility near locations of Dynetics and U.S. Army missile defense projects. Enduring Shield, […] More