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aerospace / news / / Benzinga

Private equity firm Advent International has signed an agreement to co-lead a $1.5 billion Series G funding round for defense technology company Shield AI.

Advent International will co-lead a $1.5 billion Series G round for Shield AI.

KEY POINTS
Private equity firm Advent International has signed an agreement to co-lead a $1.5 billion Series G funding round for defense technology company Shield AI. Advent plans to make a $1 billion investment into companies specializing in next-generation defense technologies. • Invesco QQQ Trust, Series 1 stock is facing resistance. What’s driving QQQ stock lower? This investment values Shield AI at $12.7 billion and underscores Advent's commitment to companies at the forefront of AI-driven autonomous systems aimed at enhancing air operations and protecting service members, the company stated.. This strategic move aims to bolster its longstanding commitment to national security priorities by supporting firms developing critical technologies such as artificial intelligence and autonomous systems. "We are proud to bring to bear our experience of strategic defense investing and our global network across industry and government to support the next generation of defense technology companies at this critical moment,” said Shonnel Malani, Advent's managing partner and global head of aerospace and defense. “We believe Shield AI represents the frontier of this transformation and we look forward to partnering with the company as it scales its vision of AI-driven autonomy, helping shape a future where intelligent systems can enhance resilience, protect service members, and redefine the nature of modern security," Malani added. The transaction with Shield AI is anticipated to conclude in the second quarter of 2026, pending customary regulatory approvals. Advent's investment strategy is focused on identifying and scaling innovative defense technologies vital for modern security needs. The company plans to target unique businesses that offer advanced capabilities, ensuring they are well-equipped to meet the demands of defense modernization. Advent has a solid track record in the defense sector, having allocated over $15 billion since 2020 to various companies, including Cobham, Ultra Electronics, Vantor and Attalon. Photo: Shutterstock
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