Epirus builds directed energy and power management systems to solve some of the world's most complex problems
Defense📍 Torrance, CaliforniaFounded 2018
Current Valuation
$1.0B
as of 2025-Q1
UNICORN
IPO Outlookprivate
Is Epirus going public?
No. Epirus is private and has not filed to go public. There is no S-1 on file.
What is Epirus' valuation in 2026?
Epirus is valued at $1.0B as of 2025-Q1, set by its Series D ($250M, Mar 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Epirus filed an S-1?
No public S-1 is on file for Epirus.
Who are Epirus' investors?
Epirus' investors include 8VC, Washington Harbour Partners, T. Rowe Price, StepStone Group, Gaingels, General Dynamics Land Systems and 9 more.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Epirus is a defense technology company developing solid-state, software-defined directed energy systems combining long-pulse high-power microwaves (HPM), AI, and advanced electronics for counter-electronics applications and power management in defense and commercial sectors. The company specializes in counter-drone and electronic warfare capabilities to address asymmetric challenges in national security.
Company Profile
CEO
Andy Lowery
Founded
2018
HQ
Torrance, California
Employees
251-500
Total Raised
$550M
Est. Revenue
$80.5M (2025-Q1)
Growth
high-growth defense technology company
Last Round
Series D — $250M (Mar 2025)
IPO Status
Private
Fundraising Status
Series D · $250M · 1y 5mo ago
PrivateTotal raised $550M
Secondary Market
Implied price / share
$5.11
Last round price / share
$5.58
vs last round
-8.4%
Open interest
6
Last round price vs secondary price
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series D
$250M
Mar 2025
—
—
Vertical Intelligence — Defense / Aerospace
Federal awards
6
prime contracts, last 36 months
Obligated
$3.51M
top: Department of Defense
Largest award
$2.48M
Department of Defense
Latest award
2025-12-29
Largest award: AN ULTRA EFFICIENT ANALOG CORRELATOR USING TIME-VARYING TRANSMISSION LINE (TVTL) TECHNOLOGY (ULTRA-AC) (FA865023C7305)
Name-verified against recipient "EPIRUS, INC" on USASpending.gov as of 2026-08-19. Prime awards only — subcontracts and classified work are not visible in the public registry. Verify on USASpending.gov ↗
Talent Signal
Hiring trend
▶ Hiring steady
33% of roles posted in last 30d
Open roles
39
via greenhouse
Product-build share
59%
engineering, research, product, design
Trajectory
steady
product-led hiring — 59% of open roles build product; the rest are go-to-market and G&A.
Counted from Epirus's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Joe LonsdaleBo MarrMax MednikNathan MintzGrant VerstandigJohn Tenet
Investors
8VC · Washington Harbour Partners · T. Rowe Price · StepStone Group · Gaingels · General Dynamics Land Systems · Oppenheimer Private Market Opportunities Vista VI Fund · NightDragon · Manhattan Venture Partners · Centaurus Capital · Center15 Capital · M42 · Geoffrey Lewis · Bedrock · Broom Ventures
Products
Leonidas directed energy weapon
IFPC-HPM Generation II Systems
Epirus Pod compact electronic warfare
Air Domain Awareness systems
Power management systems
Competitors
Anduril · Raytheon · Lockheed Martin · Northrop Grumman · Shield AI · Saronic
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q1. Refreshed quarterly.