Kratos Defense & Security Solutions has partnered with venture-backed artificial intelligence technology developer Shield AI to make an unmanned aircraft system operate autonomously and bring the integrated offering to defense customers. The partnership seeks to incorporate an AI pilot into the XQ-58 Valkyrie, a combat drone Kratos is currently manufacturing for the U.S. military, Shield […] More

A partnership between Northrop Grumman and Shield AI has secured a rapid prototyping other transaction agreement from the U.S. Army to build a prototype of an unmanned aircraft system designed for vertical take-off and landing. Northrop said Tuesday it has teamed up with the artificial intelligence-powered aircraft manufacturer to develop an open-architecture version of the […] More

Boeing and Shield AI have signed an agreement to demonstrate autonomous technologies and artificial intelligence platforms designed for military applications. The partnership aims to advance the integration of Shield AI’s Hivemind aircraft software and other AI capabilities into existing and future military programs, Boeing said Wednesday. Hivemind is an AI pilot system that works to […] More

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

Leidos has completed a demonstration of its Enduring Shield Weapon System as a launcher for the AIM-9X missile interceptor. The Risk Reduction Flight Demonstration sets the stage for the developmental test phase of Enduring Shield launchers, which will begin in January, Leidos said Tuesday.

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Shield Capital has announced the final closing of its inaugural fund focused on early-stage venture capital investments. Upon its closing, Shield Capital Fund I, L.P. was oversubscribed at 55 percent above target and had obtained $186 million in capital commitments from institutional and private investors, Shield Capital said.

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Wireless threat monitoring company LOCH Technologies has acquired software company Avirtek. With the transaction complete, LOCH said Monday it would work to enable a data detection and response capability by integrating Avirtek's autonomic cybersecurity technology into its AirShield platform.

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