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Raised $250M Series D (Mar 2025). $43.6M Army follow-on contract. Leonidas Gen 2 autonomous high-power microwave counter-drone system completing Army testing Feb 2026. GD partnership for HPM on autonomous vehicles.
Epirus develops Leonidas — a high-power microwave (HPM) directed energy system for counter-drone operations — which uses pulsed microwave energy to defeat drone swarms by disrupting electronics simultaneously across multiple targets. The company raised $250 million in Series D financing and secured a $43.6 million Army follow-on contract, with Leonidas Gen 2 completing Army testing in February 2026 and the Gen 2 Autonomous Ground Vehicle variant unveiled at Global Force 2026 in March 2026 through a partnership with General Dynamics.
Astranis is building the world's smallest geostationary communication satellites, providing dedicated broadband connectivity to underserved countries and island regions. HQ: San Francisco.
Astranis is a satellite internet company building the world's smallest geostationary (GEO) communication satellites — roughly the size of a washing machine at ~400kg, compared to traditional telecom satellites weighing 6,000kg+. Founded in 2015 by John Gedmark and Ryan McLinko, Astranis has developed a miniaturized satellite platform that dramatically reduces the cost and lead time of deploying dedicated broadband capacity to underserved regions. Its satellites are designed to provide dedicated broadband capacity — not shared like LEO constellation services (Starlink) — to island nations, remote regions, and underserved countries that lack terrestrial broadband infrastructure.
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