Shield AI Raises $200M, Reaching $2.7BN Valuation

Shield AI, the defense technology company building an AI pilot for aircraft, announced it has raised $200 million in Series F funding in an oversubscribed funding round. This funding, led by U.S. Innovative Technology Fund (USIT) and co-led by Riot Ventures, with participation from Cathie Wood’s ARK Invest and returning investors Disruptive and Snowpoint, values Shield AI at $2.7 billion. Continue reading

Schiebel CAMCOPTER S-100 Excels at Major NATO Exercise

Schiebel participated in REPMUS (Robotic Experimentation and Prototyping using Maritime Uncrewed Systems) and Dynamic Messenger 2023, in Portugal. Together with several partners, Schiebel conducted flights with the CAMCOPTER S-100, showcasing its Anti-Submarine Warfare (ASW) sonobuoy deployment solution, bathymetric scanning for Rapid Environmental Assessment (REA) and Mine Counter Measures (MCM) as well as Autonomous Underwater Vehicle (AUV) and profiling float deployment. Continue reading