Shield AI has agreed to acquire radar manufacturer Echodyne in a transaction valued at $5.3 billion, expanding its counter-drone, sensing and mission-system capabilities. The acquisition will bring Echodyne’s software-defined radar technology into Shield AI’s Mission Systems business, complementing its existing autonomy software, unmanned aircraft and simulation products. According to the companies, Echodyne radars are already integrated into hundreds of counter-drone and security systems used by defence, government and commercial customers in more than 40 countries. The transaction includes $4.8 billion to be paid and issued at closing, with a further $500 million potentially payable subject to Echodyne achieving agreed performance targets. Completion is expected in early 2027, pending regulatory approvals and other customary conditions. Echodyne will retain its existing workforce and continue marketing its Metamaterials Electronically Scanned Array (MESA) radars as standalone products. CEO Eben Frankenberg will remain responsible for the company’s products, manufacturing operations and customer relationships. Headquartered in Kirkland, Washington, Echodyne develops compact solid-state radar systems based on its patented MESA technology. Its electronically scanned radars are designed to detect, track and classify objects across different operating environments. The portfolio includes EchoShield, a medium-range radar for fixed and mobile deployments; EchoGuard, a short-range system for portable and fixed applications; and EchoFlight, a compact radar designed for airborne use. The company also offers EchoWare software for radar management and system integration. Its systems support counter-drone operations, remote weapon stations, force protection, intelligence, surveillance and reconnaissance missions, and mobile airspace monitoring.
