More Thoughts From the Team at BVVC:

“Epirus emerges as a particularly compelling opportunity in our pursuit of transformative technologies, bringing us closer to the world we imagine. This team is at the forefront of a technology revolution across energy sectors. On the surface, they are focused on directed energy systems. Still, beneath the surface, they are reshaping how we think about smart power management and sustaining entire environments through directed energy. The future growth and application of this technology are what excite us most. Their approach to high-power microwave technology will change the defense landscape forever, and they are winning. The dual nature of their commercial market applications is also vast – from boosting energy efficiency to slashing carbon footprints. 

As with other companies in our portfolio, our focus is consistently on identifying extraordinary teams with the potential to disrupt entire markets and industries and who can execute – this is key. We have known Joe Lonsdale, Alex Moore, and several other company leaders for a decade. They understand how to solve complex engineering problems, lead from the front, execute, and scale. 

This investment aligns with our philosophy of investing in companies that are not only at the forefront of a significant technological shift but are also focused on saving lives. It has allowed us to back future-focused solutions for the warfighter and provide a significant and unfair advantage against our adversaries. Epirus helps the United States and our Allies fight unfair wars. This technology addresses a clear and growing demand for advanced, precise, user-safe directed energy technologies. This is an on-thesis bet for us, balancing the high potential for returns with the pursuit of sustainable and impactful technological advancement.”