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Business/Financial

Epirus Raises $200 Million In Funding Round That Includes GD

By Cal Biesecker

Tuesday, February 15th, 2022

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Epirus Raises $200 Million In Funding Round That Includes GD

Epirus' Leonidas high-power microwave system. Image: Epirus

Start-up defense company Epirus on Tuesday said it has raised $200 million in a new investment round that includes General Dynamics’ [GD] Land Systems business, bringing total financing the company has raised to $287 million. The new funding will be used to help California-based Epirus accelerate the development of its directed energy and power management products and expand into commercial markets. GD’s investment gives it equity in Epirus. The two companies are already working together on integrating Epirus’ Leonidas directed…

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