Overview
San Diego-based Shield AI is in discussions to raise up to $1 billion, potentially doubling its valuation to $12 billion. The company, founded in 2015, develops autonomous systems for military operations, including drones and aircraft that operate without GPS. Key investors include Andreessen Horowitz and L3Harris Technologies. Shield AI's technology enhances military capabilities, addressing the need for modernized defense solutions.
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Investors: Andreessen Horowitz, L3Harris Technologies
San Diego-based Shield AI is in discussions to raise up to $1 billion, potentially doubling its valuation to $12 billion. The company, founded in 2015, develops autonomous systems for military operations, including drones and aircraft that operate without GPS. Key investors include Andreessen Horowitz and L3Harris Technologies. Shield AI's technology enhances military capabilities, addressing the need for modernized defense solutions.