Manifest Space with Morgan Brennan Epirus’s $250 Million Funding Round & Drone Disruption with Epirus CEO Andy Lowery 3/18/25
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Mar 18, 2025 Andy Lowery, CEO of Epirus, leads a company at the forefront of electronic warfare specializing in drone disruption. He discusses the recent $250 million funding round aimed at scaling production and the urgent need for rapid innovation in defense tech. The conversation highlights the shift from service-oriented defense solutions to product innovation, emphasizing strategic military applications of their groundbreaking electromagnetic defenses. Lowery also delves into challenges posed by supply chain issues and trade wars impacting critical components.
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Investor Interest in National Security Tech
- Investors are increasingly recognizing the potential of the national security tech sector.
- Several companies, including Epirus, have recently closed oversubscribed funding rounds.
Neoprimes vs. Traditional Defense Contractors
- Traditional defense contractors operate like service companies, prioritizing safety and security, often at the expense of speed.
- Neoprimes, like Epirus, function as product companies, anticipating needs and rapidly developing solutions.
Drone Threats and Domestic Deployment
- Drone incursions are increasing, highlighting vulnerabilities in homeland security.
- Epirus' systems have been deployed with the Army and are being considered for domestic applications like border protection.