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Epirus Raises $250 Million To Boost Leonidas Production, Strengthen Supply Base

Epirus Raises $250 Million To Boost Leonidas Production, Strengthen Supply Base
Epirus’ Leonidas high power microwave counter-drone system. Photo: Epirus

Defense technology startup Epirus, which has developed a high energy system designed to thwart threats from small drones at relatively low cost, has raised $250 million in a new funding round that will be put toward dramatically increasing production of its Leonidas platform and finding ways to bolster its supply of critical components in support of the pending manufacturing ramp. Epirus’ current production rate is four systems per year at its facility in Los Angeles and given available capacity could…

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