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Investors bet on San Diego’s new military-industrial complex, including $1.5B on Shield AI

The day before Valentine’s Day, rumors surfaced about a San Diego company’s plans to raise a billion dollars. Executives at the company didn’t respond to requests for comment. Industry insiders wouldn’t speak on record about the raise — but they didn’t display doubt about the deal either.

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The spokesman-Review broke the news in Spokane, United States on Wednesday, May 13, 2026.
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