Quantum Systems raises $1.2B as European defense AI heats up
Autonomous drones, Ukraine battlefield feedback and European rearmament.
Drones News and Analysis
3 verified stories covering Drones, product updates and industry developments.
Firestorm raises $82M to put drone factories in containers
The defense startup says xCell can make drones and parts near the front, answering a supply-chain problem exposed by recent wars.
Military AI Company Shield AI Raises $2 Billion, Valuation Doubles in a Year
Shield AI, a military AI company founded in 2015, has raised approximately $2 billion in a Series G round, pushing its valuation to $12.7 billion. The funding will support its Hivemind autonomous drone software, which is already deployed in Ukraine, and its acquisition of simulation firm Aechelon Technology.