Shield AI Inc. announced that it has received $591.80687 million in funding from L3Harris Technologies, Inc., Hanwha Aerospace Co., Ltd., Andreessen Horowitz LLC, US Innovative Technology Capital Management, LLC, Washington Harbour Partners LP, Bloomberg Beta L.P., other investors
On May 1, 2026, Shield AI Inc closed the transaction. The company received $351,806,811 in its second and final tranche, bringing a total funding of $591,806,870 in the transaction. The transaction includes participation from 32 investors.
L3Harris Technologies, Inc. specializes in the design, manufacturing and marketing of information and communication equipment for the defense, government agency, and commercial structure markets. Net sales break down by family of products as follows:
- integrated mission systems (31.4%): intelligence, surveillance and reconnaissance systems, communication systems, electrical and electronic systems for marine platforms, advanced electro-optical and infrared solutions, etc.;
- space and airborne systems (30%): payload systems, sensors, complete mission solutions, confidential intelligence systems, cyber defense solutions, electronic warfare systems, etc.;
- communication systems (25.7%): tactical communication systems, broadband communications, integrated visual communications solutions, etc.;
- propulsion, power generation and defence systems (12.9%).
Net sales break down by source of income between sales of products (70.8%) and services (29.2%).
The United States account for 77.2% of net sales.
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Shield AI Inc. announced that it has received $591.80687 million in funding from L3Harris Technologies, Inc., Hanwha Aerospace Co., Ltd., Andreessen Horowitz LLC, US Innovative Technology Capital Management, LLC, Washington Harbour Partners LP, Bloomberg Beta L.P., other investors