financetom
Business
financetom
/
Business
/
General Dynamics Joins $250 Million Funding Round for Epirus
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
General Dynamics Joins $250 Million Funding Round for Epirus
Mar 5, 2025 6:53 AM

09:33 AM EST, 03/05/2025 (MT Newswires) -- General Dynamics ( GD ) has participated in a $250 million funding round for Epirus, a technology company focused on short-range air defense.

Epirus said the $250 million series D funding round was oversubscribed and that its venture funding now totals more than $550 million.

The round was led by 8VC and Washington Harbour Partners, along with a group of return investors that included General Dynamics ( GD ), funds advised by T. Row Price's (TROW) Investment Management, and new investors.

The funding will allow Epirus to scale production of Leonidas, its high-power microwave technology for countering drones, drone swarms, and other electronics, the company said.

Price: 255.58, Change: +4.77, Percent Change: +1.90

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Aeromexico valued at $2.8 billion in NYSE debut four years after bankruptcy exit
Aeromexico valued at $2.8 billion in NYSE debut four years after bankruptcy exit
Nov 6, 2025
* Mexican airline raised $222.8 million * Shares opened slightly above issue price * The IPO was delayed due to market conditions (Adds details throughout) Nov 6 (Reuters) - Apollo-backed Grupo Aeromexico's shares rose 0.84% in their New York Stock Exchange debut on Thursday, valuing the Mexican airline at nearly $2.8 billion almost four years after emerging from bankruptcy. Shares...
Mattress Giant Somnigroup's Sales Soar, Profits Fluffier
Mattress Giant Somnigroup's Sales Soar, Profits Fluffier
Nov 6, 2025
Somnigroup International Inc. ( SGI ) reported its third-quarter results on Thursday, which topped Wall Street expectations. Somnigroup ( SGI ) is a global bedding company operating in more than 100 countries through its businesses Tempur Sealy, Mattress Firm, and Dreams. The company posted earnings of 95 cents per share, up from 82 cents a year earlier, and above analysts’...
BillionToOne valued at $4.4 billion as shares surge in blockbuster Nasdaq debut
BillionToOne valued at $4.4 billion as shares surge in blockbuster Nasdaq debut
Nov 6, 2025
Nov 6 (Reuters) - Shares of BillionToOne ( BLLN ) rose 66.67% in their Nasdaq debut on Thursday, valuing the molecular diagnostics firm at $4.4 billion. ...
Ryvyl, Roundtable Appoint Aly Madhavji as CFO Ahead of Merger
Ryvyl, Roundtable Appoint Aly Madhavji as CFO Ahead of Merger
Nov 6, 2025
12:39 PM EST, 11/06/2025 (MT Newswires) -- Ryvyl ( RVYL ) and Roundtable said Thursday that Aly Madhavji will join the soon-to-be-merged company as chief financial officer. As CFO, Madhavji will oversee financial strategy during the merger process and Nasdaq listing, the companies said, adding that current Ryvyl CFO George Oliva will transition to the role of chief accounting officer...
Copyright 2023-2026 - www.financetom.com All Rights Reserved