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Shield AI to buy radar maker Echodyne for up to $5.3B

1 reports1 report sources4 hours agoUpdate

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Shield AI agreed to acquire Echodyne, a Kirkland, Wash.-based maker of compact radar systems that detect and track drones, in a deal valued at up to $5.3 billion. Shield will pay $4.8 billion at closing, with up to $500 million more if Echodyne hits performance targets. The acquisition is expected to close in early 2027, pending regulatory approvals. Shield AI is the defense tech company planning to build its AI-piloted X-BAT fighter jet south of Seattle.

AI-generated from reports · 3 hours agoUpdate

Latest updatesNov 6 01:47
Shield AI to acquire Echodyne in deal valued at up to $5.3B

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Nov 6
  1. GeekWireTop Deals
    Shield AI to acquire Echodyne in deal valued at up to $5.3B

    Shield AI agreed to acquire Kirkland, Wash.-based radar maker Echodyne in a deal valued at up to $5.3 billion.

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