Shield AI recently launched V-BAT Teams, a software product that works with its flagship product, Hivemind, to allow teams of drones to execute missions autonomously. The company's president and co-founder, Brandon Tseng, emphasized the importance of AI-piloted systems to the U.S.'s deterrence strategy in a recent Senate testimony. He urged the Department of Defense to shift its focus to next-generation technological assets, warning that slow adoption of AI pilots could lead to failure.
Key takeaways:
- Defense tech startup Shield AI has expanded its latest funding round with an additional $300 million in equity and debt, bringing its total Series F to $500 million.
- The company’s valuation now stands at $2.8 billion, up from $2.7 billion in November. Shield AI is developing an “AI pilot” to turn aircraft into autonomous systems.
- Shield AI recently launched V-BAT Teams, a software product that operates with Hivemind and enables teams of V-BAT drones to execute missions autonomously and in coordination.
- Shield AI's president and cofounder Brandon Tseng stressed the importance of AI piloted systems to the country’s overall deterrence strategy, and urged the DoD to change its approach to building its future force.