Epirus Stock
| Valuation | $1B1, 2 |
| Valuation Date | Mar 4, 2025 |
| Implied Valuation | $1.45B |
| Last Price | $5.73 |
| 52-Week High | $7.39 |
| 52-Week Low | $2.81 |
| YTD Return | +92.28% |
| 1-Year Return | +43.25% |
| 3-Year Return | +64.66% |
| Total Funding | $550M3, 4 |
| Latest Round Amount | $250M3 |
| Latest Round | Series D |
| Funding Rounds | 5 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About Epirus
Epirus is a defense technology company that builds high-power microwave systems to defend against drones and drone swarms. Its flagship product, Leonidas, uses solid-state gallium nitride amplifiers to send out electromagnetic pulses that disable the electronics of many drones at once. The company makes money by selling its counter-drone systems and related services to military customers, including the U.S. Army.
Invest in Epirus
Epirus is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Clarity (formerly Hiive).
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News
Epirus Scores $11M Contract with USMC
The U.S. Marine Corps awarded Epirus an $11 million HAVOC contract for a vehicle-mounted high-power microwave counter-UAS system built to production standards for manned and unmanned ground fleets.
M42 Provides Update on Fairfax-Epirus Teaming Agreement and Future Opportunity
M42 said its Fairfax-Epirus teaming agreement is projected to generate approximately $250 million of EBITDA and free cash flow within the next 12 months from compliant sales of Epirus counter-drone sy...
U.S. Marine Corps Awards Epirus $11 Million Contract for HAVOC Program
Epirus won an $11 million U.S. Marine Corps contract for the HAVOC program to deliver a vehicle-mounted, autonomy-enabled high-power microwave system for counter-UAS and counter-swarm point defense.
Epirus secures $11 million Marine Corps contract for HAVOC system
The U.S. Marine Corps awarded Epirus an $11 million contract for its High-power Microwave Autonomous Vehicle Operational Capability system, an autonomy-enabled evolution of the ExDECS counter-drone pl...
Marine Corps to get 'production-ready' microwave drone swarm killer
The U.S. Marine Corps awarded Epirus an $11 million contract for a vehicle-mounted High-power Microwave Autonomous Vehicle Operational Capability system to counter drone swarms.
Epirus names Mark Cuyler COO and Mark Horton chief people officer
Epirus appointed Mark Cuyler as chief operating officer and Mark Horton as chief people officer as it scales Leonidas production and global deployments.
M42 expands defense strategy through Epirus partnership and Fairfax international capabilities
M42 subsidiary Fairfax entered a teaming arrangement with Epirus to market and sell Leonidas counter-drone systems to approved U.S. and allied government customers, building on M42's minority investme...
M42 Expands Defense Strategy Through Epirus Partnership and Fairfax International Defense Capabilities
M42 subsidiary Fairfax National Security Solutions entered a teaming arrangement with Epirus to market select counter-drone technologies to approved U.S. and allied government customers internationall...
M42 Expands Defense Strategy Through Epirus Partnership and Fairfax Capabilities
M42 subsidiary Fairfax National Security Solutions entered a teaming arrangement with Epirus to market Leonidas counter-drone systems to approved U.S. and allied government customers.
M42's Fairfax to Distribute Epirus' Leonidas Counter-Drone Systems
M42 positioned its Fairfax National Security Solutions subsidiary as a global distributor for Epirus' Leonidas high-power microwave counter-drone systems for approved U.S. allies.
Epirus, General Dynamics Land Systems and Kodiak AI Unveil New Autonomous HPM System for Counter-UAS
Leonidas Autonomous Ground Vehicle (AGV) combines Epirus' Leonidas high-power microwave platform, the Kodiak Driver autonomous system and General Dynamics Land Systems' system integration expertise to...
Epirus CEO Andy Lowery: Our system works like a force field for defense
CEO Andy Lowery discussed Epirus's microwave-based counter-drone systems on CNBC, highlighting scalable defense for military bases and critical infrastructure.
Epirus, Digital Force Technologies Partner to Develop Non-Kinetic Counter UAS Kill-Chain
LOS ANGELES and SAN DIEGO, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Epirus and Digital Force Technologies (DFT) have partnered to deliver a fully integrated counter-UAS kill chain unifying the companies' res...
Singapore and Epirus Partner on Counter Drone Technology
Singapore's Defence Science and Technology Agency and Epirus signed a memorandum of understanding to advance high-power microwave counter-drone capabilities through joint testing and technical exchang...
Epirus partners with Singapore DSTA to counter FPV enabled drone threats
Epirus partnered with Singapore's Defence Science and Technology Agency to evaluate Leonidas high-power microwave systems against fiber-optic-guided and AI-controlled drone threats in the Indo-Pacific...
DSTA partners with Epirus to advance counter unmanned aerial systems capabilities
Singapore's DSTA and Epirus signed an MOU to explore high-power microwave counter-drone technology and joint testing against UAS threats.
DSTA Partners with Epirus to Advance Counter-UAS Capabilities
Singapore's Defence Science and Technology Agency signed an MOU with Epirus to explore high-power microwave counter-drone technology, marking Epirus' first collaboration in the Asia-Pacific region.
Singapore, Epirus Agree To Study High-Power Microwave C-UAS Capability
Singapore's Defence Science and Technology Agency signed an MOU with Epirus to explore high-power microwave counter-drone technology, marking Epirus' first Asia-Pacific collaboration.
DSTA Partners With Epirus to Advance Counter-Unmanned Aerial Systems Capabilities
Singapore's Defence Science and Technology Agency signed an MOU with Epirus on January 27, 2026 to advance high-power microwave counter-UAS capabilities through joint testing and knowledge exchange.
Epirus' Leonidas Demonstrates Successful Use of High-Power Microwave to Defeat Fiber-Optic Controlled UAS
Epirus demonstrated that its Leonidas high-power microwave system can defeat fiber-optic-controlled drones, addressing a class of UAS engineered to evade conventional electronic warfare.
M42 Announces an Agreement to Acquire Stake in Drone Defense Company Epirus
M42 said it entered an agreement to acquire a minority interest in Epirus on October 9, 2025, subject to conditions precedent and expected to close before year-end.
Epirus, General Dynamics Land Systems Partner on Leonidas Autonomous Robotic for Mobile Counter-UAS
Epirus and General Dynamics Land Systems introduced Leonidas AR, integrating Epirus' Leonidas high-power microwave platform with GDLS's TRX unmanned ground vehicle for mobile counter-drone defense.
M42 Announces an Agreement to Acquire Stake in Drone Defense Company Epirus
Messier 42 agreed on October 9, 2025 to acquire a minority interest in Epirus, pairing M42's AI capabilities with Epirus' Leonidas counter-drone HPM systems; closing was expected before year-end 2025.
Epirus Receives $43.5 Million Contract from U.S. Army for IFPC-HPM Generation II Systems
The U.S. Army awarded Epirus a $43.5 million contract for Integrated Fires Protection Capability high-power microwave Generation II systems to counter drone swarms.
Defense tech startup Epirus secures $250 million to make anti-drone weapons
March 5 (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.
Defense tech startup Epirus raises $250M Series D to counter drone swarms
Defense tech startup Epirus, which specializes in anti-drone systems, has raised an oversubscribed $250 million Series D, it told TechCrunch.
Defense startup Epirus CEO leaving to take new job at a public company
Defense startup Epirus is getting new leadership. TechCrunch has exclusively learned staff were informed at an all-hands meeting this morning that CEO Ken Bedingfield was leaving. The news was later c...
Epirus, General Dynamics Land Systems Unveil Integrated Counter-Electronics System Stryker Leonidas
In just ten months, Epirus and GD transformed system from concept to field demonstrated with successful denial of multiple electronic targets Highlights: Successful integration of Epirus' Leonidas hig...
General Dynamics Land Systems, Epirus Sign Strategic Teaming Agreement to Enhance Next-Generation Ground Combat Vehicle Fleet
WASHINGTON--(BUSINESS WIRE)--General Dynamics Land Systems, a global leader in providing innovative, high technology and next-generation ground combat solutions to customers, announces today a Strateg...