EPS reduces the cost and emissions of aircraft by providing batteries and battery chargers to replace fossil fuel engines.
Business Model:
Revenue: $0
Employees: 51-500
Address:
City: Logan
State: Utah
Zip:
Country: United States
Electric Power Systems (EPS) is a leading provider of high power scalable powertrains that are certifiable for electrified aviation. It develops energy storage systems, DC fast-charging stations, and electric propulsion products for Aerospace, Defense, Automotive, Marine, and Industrial Traction industries. EPS has numerous battery systems currently powering customer flight demonstrator vehicles (e.g., NASA X-57 and Bell Nexus). Advanced features produce safer battery systems resulting in a perfect safety record in the field.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 9/2019 | Series A | 3 | $22.5M |
Boeing HorizonX Ventures JetBlue Technology Ventures Safran Corporate Ventures Boeing HorizonX Ventures JetBlue Technology Ventures Safran Corporate Ventures |
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