Shield AI announces Series F funding round

Shield AI Raises Additional Capital in Series F, Boosts Total Amount to $500M

Shield AI, the defense technology company building the world’s best AI pilot for aircraft, recently announced the expansion of their Series F funding round to a total of $500 million. An additional $100M in equity, raised at the Series F price, and $200M in debt from Hercules Capital were added to the initial $200M in equity closed in November. “AI pilots are becoming a […]

Trident Maritime Systems acquires Custom Alloy Corporation assets

Trident Maritime Systems (“Trident”), a leading maritime systems and solutions provider and portfolio company of investment affiliates of J.F. Lehman & Company (“JFLCO”), announced yesterday that it has acquired the assets of Custom Alloy Corporation (“CAC”) through one of its subsidiaries.  CAC is a leading, vertically integrated provider of highly specialized alloyed forgings, fittings, and […]