Shield AI acquires Aechelon Technology from Sagewind Capital
The deal combines Aechelon's high-fidelity simulation and synthetic reality technology with Shield AI's Hivemind AI pilot to create a closed-loop cycle for manned-unmanned teaming.
Takeaways
- Aechelon Technology is a leader in high-fidelity simulation, physics-based sensor modeling, and synthetic reality technologies.
- Sagewind Capital is selling Aechelon Technology to Shield AI.
- The business serves defense.
Shield AI completed its acquisition of Aechelon Technology, a leader in high-fidelity simulation, physics-based sensor modeling, and synthetic reality technologies, from Sagewind Capital.
Aechelon's visual simulation solutions are used across U.S. military and government programs.
The transaction was supported by Shield AI's $2 billion financing package, comprising $1.5 billion in Series G funding and $500 million in preferred equity at a $12.7 billion post-money valuation.
"The future of warfare will be defined by humans and autonomous systems operating and fighting together as a networked team," said Gary Steele, CEO of Shield AI.
Aechelon co-founder and CEO Ignacio (Nacho) Sanz-Pastor will report directly to Steele and remain responsible for Aechelon's product and customer roadmap.
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