Shield AI to acquire Echodyne in deal valued at up to $5.3B
Shield AI to buy Bill Gates-backed radar maker Echodyne in $5.3B deal, doubling down on Seattle area
AI Overview
Shield AI agreed to acquire Kirkland, Wash.-based radar maker Echodyne in a deal valued at up to $5.3 billion.
Why it matters
The deal shows how counter-drone radar and autonomy software are converging, and it marks one of the largest exits for a Seattle-area deep-tech startup.