DEPLOYDatabase

Company

Epirus

Epirus is a Torrance, CA-based defense technology company developing the Leonidas high-power microwave (HPM) system for counter-drone and counter-electronics…

Founded
2018
HQ
Torrance, California, USA
Status
active

The verified answer

As of Oct 2026, DEPLOY verifies Epirus: 1 model, 1 deployment across 1 region, $450.0M raised. 1 source back the record.

Overview

Epirus is a Torrance, CA-based defense technology company developing the Leonidas high-power microwave (HPM) system for counter-drone and counter-electronics applications. Leonidas neutralizes swarming, fiber-optic, and autonomous drone threats using directed energy, with contracts from the U.S. Army including a 6.1M prototype contract and a 3.5M IFPC-HPM Gen II contract. Founded by Joe Lonsdale (co-founder of Palantir) and Grant Verstandig, Epirus has raised over 50M in total funding through a 50M Series D.

Verified record

Verified deployments
1 deployment on file
Active incidents
None on file

Valuation of record

DEPLOY VERIFIED
$3B (reported, approximate)as of Jan 2025

Priced roundSeries D post-money

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Key facts

Co-founders

Joe Lonsdale, Bo Marr, Max Mednik, Grant Verstandig, John Tenet

Products

Leonidas HPM counter-drone system

Founders

Joe Lonsdale, Grant Verstandig

Key product

U.S. Army contract

$43.5M (IFPC-HPM Gen II, July 2025)

Data & sources

Web sources

1

1 source backing this record.View all →

Partnerships

Every company Epirus has built with, alongside the ones only announced in a press release.

2 total1 operating1 just announced

Most-frequent partners

  1. 1General Dynamics Land Systems1× joint3 total
  2. 2U.S. Army1× joint

Most recent

  1. with U.S. Armyoperating

Epirus on the deployment map

View the global map

1 verified deployment across 1 region, newest verified Jan 2023. Explore where Epirus's robots are operating, by place and type.

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View the full Epirus deployment record →

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Relationships

Current leadership (2)

Founders (2)

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Former / Previously (1)

Safety record

No incidents on record for Epirus.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Operator customers (1)

Recent coverage

Epirus in third-party press

Peers

144 peers across 1 segment. Every Epirus competitor derived from shared form-factor and application-domain edges.

service(144)

113 companies in this segment · competitive (HHI 831.3520919269878) · leader Bond at 1957%