Shield AI and U.S. government investment in X-BAT reaches $400 million

Shield AI announced that the U.S. Navy has executed a $150 million modification to its existing Other Transaction (OT) agreement with the company to advance X-BAT, an AI-piloted, vertical takeoff and landing (VTOL) fighter aircraft. Shield AI press release The Navy executed the $150 million modification with funding from the Office of the Under Secretary ... The post Shield AI and U.S. government investment in X-BAT reaches $400 million appeared first on Naval News.

Source: Naval News