Epirus Raises $250M for Anti-Drone Weapons

This is a Russia news story, published by Yahoo Finance.

Russia news

For more Russia news, you can click here:

more Russia news

tech startups news

For more tech startups news, you can click here:

more tech startups news

Yahoo Finance news

For more news from Yahoo Finance, you can click here:

more news from Yahoo Finance

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best tech news, business news, entertainment news, and much more. If you like tech startups news, you might also like this article about

Epirus

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest defense contractors news, several aerospace companies news, tech startups news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

venture capital firm 8VC

Reuters

•

Technology

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

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 .

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful