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Defense Startup Shield AI Reaches $5.3 Billion Valuation: Details

Summary

Shield AI has secured $240 million in funding, boosting its valuation to $5.3 billion. The investment, backed by major players like L3Harris Technologies and Hanwha Aerospace, will advance the development of Hivemind Enterprise, an autonomy software suite designed to accelerate the creation of intelligent machines, including unmanned systems capable of operating in GPS-denied environments.

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Article published on March 7, 2025 by benzinga