Thylacocephala is a group of extinct eucrustaceans of presumably predatory nature. We describe here a new genus and species of thylacocephalan crustaceans from the Upper Jurassic Solnhofen limestones of Eichstatt (Altmuhltal Formation), Falcatacaris bastelbergeri n. g. n. sp. (about 150 million years old). Falcatacaris bastelbergeri n. g. n. sp. is the fourth species of Thylacocephala found in these deposits. The species differs significantly from other thylacocephalans, especially by characters of the shield. The shield of the specimen is rather low (short in dorsoventral extent) and it bears a long rostrum but no elongated posterior spine. For comparative purposes, we provide an overview of the shield morphology of known thylacocephalan species from literature as well as a morphological analysis of the group. An elliptic Fourier analysis is used to compare the different shield shapes of thylacocephalans to each other; results are presented in PCA plots. Shield length and anterior or posterior shield extensions are the characters with the most variation in thylacocephalan shield morphology.