Shield AI agrees $5.3B Echodyne radar buy, raises $2.5B at $28.8B valuation
Company says $4.8B closes at signing plus up to $500M earnout; Series H co-led by Disruptive and Innovation X, with Blackstone structured equity and JPMorgan debt; close expected early 2027.
Why it matters
Shield is buying Kirkland-based Echodyne to expand Mission Systems into software-defined counter-drone radar used in more than 40 countries. The $5.3B deal sits beside a $2.5B raise that more than doubles Shield’s March valuation to $28.8B post-money. Echodyne’s CEO stays; MESA radars remain available standalone. Closing is slated for early 2027 pending approvals. The move pushes a defence autonomy software maker into dual-use sensing as stadiums, airports and borders demand C-UAS coverage.
Key facts
- $5.3B transaction value
- $4.8B at close + up to $500M earnout
- $2.5B raise at $28.8B post-money
- Series H co-led by Disruptive and Innovation X
- Close expected early 2027