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Directed Energy Tech Startup Epirus Earns $70M in Funding Round

Directed Energy Tech Startup Epirus Earns $70M in Funding Round - top government contractors - best government contracting event

Epirus, a Los Angeles-based developer of high-powered microwave technology for defense and commercial applications, has raised $70M in a Series B fundraising round led by Bedrock Capital.

The new capital will fund production of SmartPower— an Epirus technology designed to facilitate HPM transmission with the use of gallium nitride semiconductors– the company said Thursday.

L3Harris Technologies, 8VC, Fathom VC, Greenspring Associates and Piedmont Capital Investments were the other investors that took part in the new round of funding.

A Series A funding round last year brought in $17M for Epirus. The company noted it aims to commercialize the Leonidas C-UAS platform early next year.

The venture-backed startup also partnered with L3Harris to explore approaches for increasing power efficiency in the companies' systems and entered into a supplier deal to provide electromagnetic pulse technology for Northrop Grumman's counter-unmanned aerial system offering.

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Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

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