Shield AI is acquiring counter-drone technology company Echodyne in a deal worth more than $5 billion, a major expansion of its push into next-generation defense technology. CEO Gary Steele discusses why counter-drone capabilities are becoming increasingly critical and why investor appetite for defense tech remains strong as Shield AI raises new capital at a sharply higher valuation. He joins Tim Stenovec on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Tech on YouTube:
Watch the latest full episodes of “Bloomberg Tech” with Ed Ludlow here:
Get the latest in tech from Silicon Valley and around the world here:
Connect with us on…
X:
Facebook:
Instagram:
Follow Ed Ludlow on X here:
Listen to the daily Bloomberg Tech podcast here:
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:
source
