RoboticsThe Next Webabout 2 hours ago
Shield AI buys radar maker Echodyne
2 min read
Shield AI agreed to buy radar maker Echodyne for $5.3B, raising $2.5B in equity and debt to fund the deal at a $28.8B valuation. The transaction includes $1B from Disruptive and Innovation X Capital, $1B from Blackstone funds, and $500M debt from JPMorgan.
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