Bristow Group Chooses Elroy Air Autonomous Cargo Drones

Bristow Group Chooses Elroy Air Autonomous Cargo Drones

Bristow Group and Elroy Air announced Wednesday they have signed a letter of intent for Bristow to pre-order 100 Elroy Air Chaparral pilotless hybrid-electric cargo vertical takeoff and landing (VTOL) aircraft.

McMaster says AI can help beat adversaries, overcome ‘critical challenges’

McMaster says AI can help beat adversaries, overcome ‘critical challenges’

Artificial intelligence and related digital tools can help warn of natural disasters, combat global warming and fast-track humanitarian aid, according to retired Army Lt. Gen. and Shield Capital National Security Advisory Board Member, H.R. McMaster.

Shield Capital and L3 Harris discuss partnership to accelerate defense

Shield Capital and L3 Harris discuss partnership to accelerate defense

L3 Harris Technologies CEO Chris Kubasik and Raj Shah, Shield Capital managing partner and former director of the Pentagon’s Defense Innovation Unit, join 'Squawk on the Street' to discuss its strategic partnership to accelerate defense and commercial technology solutions.

National security-focused VC firm raises $125 million

National security-focused VC firm raises $125 million

Shield Capital, a new VC firm focused on dual-use national security startups, raised $125 million for its debut fund.

Why it matters: Timing is everything. Tech's antipathy toward defense and military applications was waning even before the Russia-Ukraine war, in part thanks to the change in White House occupant, and that abatement should now move even quicker.

New venture capital fund focused on high-need, dual-use technology

New venture capital fund focused on high-need, dual-use technology

Shield Capital announced the new fund Tuesday, which exceeded its target capitalization of $120 million and is focused on four “high-growth” technology areas: artificial intelligence, space, autonomy and cybersecurity.

Shield Capital Fund Launch

Shield Capital Fund Launch

Shield Capital (SHIELD) today announced the successful launch of its inaugural venture capital fund to support entrepreneurs building technologies critical to commercial and national security customers. Shield Capital Fund I exceeded target capitalization of $120 million, with a focused investment strategy in four high-growth frontier technology domains: artificial intelligence, autonomy, cybersecurity and space.