The short answer
● Deal — Shield AI acquires Echodyne for $5.3 billion
● Raise — $2.5 billion across equity and debt
● Valuation — $28.8 billion post-money
● In March — the same company was valued at $12.7 billion
● Closing — expected early 2027, pending approvals
Shield AI is acquiring Echodyne in a deal valued at $5.3 billion — $4.8 billion at closing and up to $500 million tied to performance — alongside a $2.5 billion raise. That breaks down as a $1 billion Series H at a $28.8 billion post-money valuation co-led by Disruptive and Innovation X Capital, $1 billion of structured equity from Blackstone-managed funds, and $500 million of debt led by JPMorgan Chase.
The valuation is the number to sit with. Shield AI was valued at $12.7 billion in March. That is more than a doubling inside eight months, in a company selling autonomy software rather than models.
Echodyne builds solid-state metamaterial radars deployed in more than forty countries, with a $40 million factory capable of roughly 30,000 radars a year. Shield AI’s own stack is its Hivemind autonomy software and the V-BAT and X-BAT aircraft, with a full-scale X-BAT prototype complete and production targeted for 2029. The acquisition is expected to close in early 2027 pending approvals.
Sources: AI Daily Digest.
Published 8 November 2026. Every figure above was checked against the reporting linked here on the same day.