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About Epirus
Industries
Aerospace
Defense
Company Size
51-200
Company Stage
Series D
Total Funding
$548.4M
Headquarters
Hawthorne, California
Founded
2018
Overview
Epirus specializes in directed energy systems and power management solutions, primarily serving the defense and commercial power markets. Its main product, the Leonidas system, is a high-power microwave solution designed to neutralize electronic threats, especially drones. The Leonidas system has undergone extensive testing to ensure its effectiveness. What sets Epirus apart from competitors is its strategic partnerships with major defense contractors like Northrop Grumman, which enhances its credibility and market presence. The company's goal is to develop and deploy advanced directed energy systems, generating revenue through sales and long-term contracts with defense contractors and government agencies.
Simplify's Take
What believers are saying
- Recent $250M funding round supports scaling of Leonidas and international market expansion.
- Introduction of Leonidas H2O opens new opportunities in maritime interdiction and UAV protection.
- New simulation center in Oklahoma enhances R&D capabilities for advanced system testing.
What critics are saying
- Emerging competition from companies like Anduril Industries may impact market share.
- Potential supply chain delays could affect production timelines for high-power systems.
- Increased scrutiny on defense exports may limit international market expansion.
What makes Epirus unique
- Epirus specializes in solid-state, software-defined directed energy systems for defense applications.
- The Leonidas system offers precision counter-electronics effects against unmanned aerial systems.
- Strategic partnerships with industry giants like Northrop Grumman enhance Epirus's market credibility.
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Funding
Total Funding
$548.4M
Above
Industry Average
Funded Over
6 Rounds
Industry standards
Benefits
Medical, vision, & dental
HSA & FSA plans
401k
Stock options
Electronics stipend
Unlimited PTO
Parental leave
On-site gym
Daily catered lunches & stocked kitchen
Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↓ -1%2 year growth
↓ -2%Epirus introduces Leonidas H2O, high-power microwave system for maritime interdiction and UAV protection.
"Palantir also announced other new customer logos at its AIPCon customer conference, including smartphone chip giant Qualcomm (QCOM $155.67) and Epirus, the leading provider of microwave counter-drone systems."
Epirus has closed a $250 million Series D funding round, bringing its total venture funding to over $550 million. The funding will accelerate the production of its Leonidas™ high-power microwave technology for counter-electronics applications, expand international and commercial growth, and enhance U.S. manufacturing. The round was led by 8VC and Washington Harbour Partners, with participation from new and returning investors. Epirus aims to advance defense capabilities against drone swarms and other electronic threats.
Defense startup Epirus has successfully raised $250 million in a Series D funding round, led by prominent investors 8VC and Washington Harbour Partners.
(Reuters) -Defense technology startup Epirus has raised $250 million in a Series D funding round, as it looks to scale up production of its anti-drone weapons, the company said on Wednesday.
Epirus is Hiring for 30 Jobs on Simplify!
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About Epirus
Industries
Aerospace
Defense
Company Size
51-200
Company Stage
Series D
Total Funding
$548.4M
Headquarters
Hawthorne, California
Founded
2018
Epirus is Hiring for 30 Jobs on Simplify!
Find jobs on Simplify and start your career today