/ Pre-IPO Risk Index / Shield AI

Shield AI

Defense Tech · Pre-IPO · $2.7B (Q2 2024)
B-

Good (B-) — Round Z Pre-IPO Risk Grade

Shield AI operates autonomous aircraft and ISR platforms (V-BAT drone, Hivemind AI) with substantial DoD program awards. Capital-intensive defense hardware development requires ongoing equity capital; revenue concentration in DoD and allied-nation customers is structural for the category.

74
Composite / 100
/ Subscore Breakdown · 5 Dimensions

Where this grade comes from.

Governance Risk
B
Valuation Methodology
B-
Secondary Liquidity
C
Financial Disclosure
B-
Exit Probability
B-
/ Public-Record Events

Key risk events & disclosures.

  • V-BAT drone awarded multiple DoD programs
  • Hivemind AI autonomy platform expansion
  • $2.7B valuation Q2 2024
  • Hanwha (Korea) strategic partnership 2023

/ Best for

Investors seeking defense-tech exposure with autonomous-aircraft focus and growing international customer base.

/ Watch out for

DoD program timing volatility and capital-intensive hardware development require sustained equity capital; secondary funding cycle timing is the key indicator.