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Reuters

Reuters

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Technology

Defense tech startup Epirus secures $250 million to make anti-drone weapons

Reuters
Summary
Nutrition label

78% Informative

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 was previously valued at $1.35 billion when it raised $200 million in Series C funding.

The cash infusion comes at a time when defense contractors are struggling to meet the surge of demand for weapons following Russia 's invasion of Ukraine .

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95

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formal

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English

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57

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