Shield AI To Hit $28.8 Billion Value With $5.3 Billion Radar Acquisition

Axios reported that Shield AI announced a $5.3 billion deal to acquire a radar company and a simultaneous $2.5 billion fundraise, setting the post‑transaction valuation at $28.8 billion. Breaking Defense and Bloomberg later identified the target as radar specialist Echodyne, describing the transaction as a $5.3 billion acquisition that will broaden Shield AI’s sensing capabilities.

KOMO added geographic context, noting that the purchase expands Shield’s footprint in the Puget Sound region and links the company to a Kirkland‑based radar operation. Some outlets referenced the target simply as a Kirkland‑based radar company, creating a minor naming discrepancy with others that identified Echodyne explicitly.

All outlets concur on the $5.3 billion purchase price, the $28.8 billion valuation and the $2.5 billion fundraising target, and no alternative figures appear in the reports. Shield AI now moves forward with the acquisition and capital raise, marking a concrete step toward expanding its autonomous defense offerings.