Shield AI to buy counter-drone radar maker Echodyne for $5.3 billion
See how this story connectsShield AI agreed to acquire Echodyne, a provider of counter-drone radar systems, in a $5.3 billion deal, with closing expected in early 2027. Of the total, $4.8 billion is paid at closing and $500 million on Echodyne meeting performance targets. Shield raised $2.5 billion in Series H funding alongside the announcement, with investments from Blackstone and JPMorgan Chase.
Why it matters
Echodyne employees will not be required to relocate and no workforce reductions are planned, and Echodyne becomes a business unit within Shield’s mission systems business.
- When
- 5 Nov 2026
- ID
WTA-N-2026-0743- Where
- United States
- Who
- Shield AI, Echodyne; Gary Steele, Eben Frankenberg
Summary written with AI by wheresthe.ai, from Breaking Defense and the reporting credited above. Checked against the source on 5 Nov 2026.
Source copy: saved on 5 Nov 2026 to check this story and not republished, because the text belongs to its publisher. Also held by the Internet Archive.
Cite this story
WTA-N-2026-0743: “Shield AI to buy counter-drone radar maker Echodyne for $5.3 billion.” wheresthe.ai, 5 Nov 2026. https://wheresthe.ai/d/us-shield-ai-to-buy-counter-drone-radar-maker-echodyne-for-5-2026-11/ (source: Breaking Defense).
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