4.8 • 118 Ratings
🗓️ 18 March 2025
⏱️ 27 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Investors continue to be excited about national security-related tech. |
0:06.0 | The latest example, Epirus, a maker of weapons to combat drones. |
0:10.0 | The company just raised $250 million in an oversubscribed Series D funding round. |
0:16.0 | CEO Andy Lowry says that money will go toward production. |
0:20.0 | A lot of us are coming up and are new as companies, and so to get to the sort of volumes |
0:27.5 | and the scalability that you need to get to support the warfighters across the world, |
0:34.4 | that's the next phase of a company. |
0:36.5 | So we've raised money in order to ensure that we have enough volume manufacturing |
0:42.3 | across the country. |
0:44.3 | And we're looking at various regions of the country like Oklahoma and other places that we can |
0:50.3 | add some factory capacity and some other things. |
1:00.2 | Epirus specializes in electronic warfare, creating high-powered microwave force fields that can zap swarms of drones out of the sky. The startup is already working with the U.S. Army, and like others, |
1:06.2 | is positioning itself for a role in the Golden Dome Homeland Missile Defense Shield that President Trump has |
1:11.8 | ordered the Pentagon to begin developing. |
1:13.7 | Golden Dome is expected to take tens of billions of dollars to create. |
1:18.1 | Quite frankly, this is a very excellent technology for space. |
1:22.9 | And when we're looking at Golden Dome, even in outer space, and looking at all the satellites and how they move around |
1:29.2 | in the case if we were to go to a war, |
1:31.9 | those satellites, how they position now will just move. |
1:35.1 | And because of that, we're not quite sure |
1:37.8 | where to apply sort of our defensive thinking. |
1:41.6 | And a lot of people say, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.