Shield to acquire Echodyne in a transaction valued at $5.3 billion and raise $2.5 billion at a $28.8 billion valuation – Shield

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Shield has entered into an agreement to acquire radar company Echodyne in a transaction valued at $5.3 billion. To support the acquisition, Shield is raising $2.5 billion, which includes a $1 billion Series H funding round at a $28.8 billion post-money valuation, a $1 billion structured equity investment from Blackstone, and $500 million in debt financing. The transaction is expected to close in early 2027 pending regulatory approvals. Open article →

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