Shield AI, a deep-tech company known for pushing the boundaries of AI-driven autonomy, has secured a whopping $240 million in a new funding round, bringing its valuation to $5.3 billion.
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Geopolitical tensions are redefining global markets, with drones emerging as a focal point of strategic competition. Manufacturers in China have begun limiting the export of key drone components to the US and Europe, signaling a significant shift in global supply chains. These changes could have far-reaching implications for the ongoing conflict in Ukraine and the drone industry at large.
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At the start of Russia’s full-scale invasion of its country, Ukraine has been innovating on how drone technology can give it an upper hand. Before, it was modified DJI drones donated to it by the worldwide community, but now the country has moved to purpose-built drones, foreign and domestic, to better keep Russia on its toes.
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