JSW Defence Pvt. Ltd., part of the $24 billion JSW Group and Shield AI, Inc, announced a strategic partnership to indigenize and manufacture Shield AI’s “V-BAT,” a Group 3 Unmanned Aerial System (UAS). This collaboration marks a significant step in boosting India’s defense capabilities by bringing in world-class UAS technology to the country.

Shield AI announced that the U.S. Coast Guard has awarded the company a $198,106,876 indefinite-delivery, indefinite-quantity firm fixed-price contract to provide Contractor Owned Contractor Operated Intelligence, Surveillance, and Reconnaissance services. This service will be implemented using the V-BAT unmanned aircraft system (UAS).

Shield AI announced it has raised $200 million in Series F funding in an oversubscribed funding round. This funding values Shield AI at $2.7 billion.

Shield AI announced the successful completion of an autonomous teaming demonstration featuring three V-BAT UAS. This accomplishment was the final milestone of an AFWERX autonomy effort under their Strategic Funding Increase program.