Defense Tech Valuations Push the Envelope
The recent surge in valuations for defense technology startups is prompting concerns in the investment community. Some experts are beginning to wonder if the current market sentiment reflects a level of irrational exuberance.

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One example of this trend is Flight autonomy software developer Shield AI, which closed a $240 million Series F-1 funding round in March, pushing its valuation up to $5.3 billion.
About the Author
Matthew Fulco
Matthew Fulco is the Business Editor for Aviation Week, focusing on commercial aerospace and defense.