From Dealroom · · 40s
Shield AI Buys Echodyne for $5.3B
Shield AI acquires Echodyne for $5.3 billion, raising $2.5 billion at a $28.8 billion valuation.
In brief
Shield AI acquires Echodyne for $5.3 billion, raising $2.5 billion at a $28.8 billion valuation. Shield AI purchases Echodyne for $5.3 billion, raising $2.5 billion at a $28.8 billion valuation. Originally reported by Dealroom.
Deal Announcement
Shield AI agreed to buy Echodyne, the Kirkland, Washington maker of compact counter-drone radars, in a $5.3 billion deal on 5 November 2026.
Funding Breakdown
Shield raises $2.5 billion: $1 billion Series H equity at $28.8 billion valuation, $1 billion structured equity from Blackstone, and $500 million debt from JPMorgan.
Post-Deal Structure
Echodyne remains a Mission Systems unit under Shield, with CEO Eben Frankenberg reporting to Shield CEO Gary Steele and no layoffs planned.
The main idea
Shield AI purchases Echodyne for $5.3 billion, raising $2.5 billion at a $28.8 billion valuation.
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