{"id":58116,"date":"2023-11-30T23:07:40","date_gmt":"2023-11-30T23:07:40","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/11\/30\/defense-startup-epirus-ceo-leaving-to-take-new-job-at-a-public-company-techcrunch\/"},"modified":"2023-11-30T23:07:40","modified_gmt":"2023-11-30T23:07:40","slug":"defense-startup-epirus-ceo-leaving-to-take-new-job-at-a-public-company-techcrunch","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/11\/30\/defense-startup-epirus-ceo-leaving-to-take-new-job-at-a-public-company-techcrunch\/","title":{"rendered":"Defense startup Epirus CEO leaving to take new job at a public company | TechCrunch"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p id=\"speakable-summary\">Defense startup <a href=\"https:\/\/www.epirusinc.com\/\" target=\"_blank\" rel=\"noopener\">Epirus<\/a> is getting new leadership.<\/p>\n<p>Staff were told at an all-hands meeting this morning that CEO Ken Bedingfield was leaving, TechCrunch learned. The news was later confirmed by a company spokesperson, who told TechCrunch that Bedingfield accepted a role at an unnamed public company. He will be replaced by COO Andy Lowery, effective immediately.<\/p>\n<p>Bedingfield held the title of CEO at Epirus for less than a year. Prior to that position, he served as COO and CFO since June 2020. He came to Epirus from aerospace and defense giant Northrop Grumman, where he served as CFO.<\/p>\n<p>Torrance, California\u2013based Epirus develops \u201cdirected-energy\u201d weapons that can be used to counter drones and other aerial vehicles. The product line, called Leonidas, uses high-power microwave technology mounted on a gimbal to neutralize systems from up close or afar. At the beginning of this year, the company landed a $66 million contract from the U.S. Army to deliver several Leonidas prototypes this year.<\/p>\n<p>Epirus\u2019 tech has garnered considerable interest from investors too: Last year, the startup closed a $200 million Series C at a post-deal valuation of $1.35 billion, from investors including T. Rowe Price Associates, 8VC and Bedrock.<\/p>\n<p>\u201cOver the past year, Ken led the company through a number of important milestones and achievements, most notably the successful delivery of the first IFPC-HPM system to the U.S Army, cementing a clear pathway towards delivering an operational high-power microwave capability to the Department of Defense,\u201d an Epirus spokesperson said in a statement.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/techcrunch.com\/2023\/11\/30\/defense-startup-epirus-ceo-leaving-to-take-new-job-at-a-public-company\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Defense startup Epirus is getting new leadership. Staff were told at an all-hands meeting this morning that CEO Ken Bedingfield was leaving, TechCrunch learned. The news was later confirmed by a company spokesperson, who told TechCrunch that Bedingfield accepted a role at an unnamed public company. He will be replaced by COO Andy Lowery, effective [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":58117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-58116","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/58116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=58116"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/58116\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/58117"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=58116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=58116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=58116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}