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M&A Deal Summary

Shield AI Acquires Heron Systems

On July 22, 2021, Shield AI acquired software company Heron Systems

Acquisition Highlights
  • This is Shield AI’s 1st transaction in the Software sector.
  • This is Shield AI’s 1st transaction in the United States.
  • This is Shield AI’s 1st transaction in Maryland.

M&A Deal Summary
Date 2021-07-22
Target Heron Systems
Sector Software
Buyer(s) Shield AI
Deal Type Add-on Acquisition

Target

Heron Systems

California, Maryland, United States
Heron Systems is a software company for aerospace to decisively defeating an experienced Air Force F-16 pilot 5-0, and five other AI-pilots, during the DARPA AlphaDogfight trials. Heron Systems was founded in 1993 and is based in California, Maryland.

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Buyer(S) 1

Buyer

Shield AI

San Diego, California, United States
Category Company
Founded 2015
Sector Information Technology
DESCRIPTION

Shield AI is a technology company which develops self-driving car technologies to military aircraft. Shield AI was founded in 2015 and is based in San Diego, California.

DEAL STATS #
Overall 1 of 3
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (Maryland) 1 of 1
Country (United States) 1 of 2
Year (2021) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-28 Martin UAV

Plano, Texas, United States

Martin UAV is a private, advanced technology company that specializes in building wholly unique, unmanned aircraft systems and associated flight control software. The company's systems are commercially developed to fill critical operational needs in tactical & confined operational environments. Its V-BAT series aircraft is the only single-engine ducted fan VTOL that has the ability to launch & recover from a hover, fly up to 11 hours in horizontal flight. Martin UAV was formed in 2015 and is based in Plano, Texas.

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