On March 26 local time, U.S. defense technology company Shield AI announced the completion of a $1.5 billion Series G funding round, reaching a post-money valuation of $12.7 billion. The company also secured $500 million in preferred stock investment from Blackstone Group, along with a $250 million delayed credit facility. This funding round was led by Advent International, with J.P. Morgan as co-lead investor. The funds will be used to acquire simulation software company Aechelon Technology and for the development of the Hivemind autonomous flight system.