E
Electric Power Systems
Batteries for electric aircraft to unlock the future of green aviation
About Electric Power Systems
EPS Energy is a pioneering startup in the field of electric aviation. The company is focused on developing and manufacturing high-density energy storage systems, specifically designed for electric aircraft. Their primary product is the Electric Propulsion Ion Core (EPiC) Ecosystem, a lightweight, high-power system that offers long battery life while maintaining critical safety standards. The EPiC 2.0 module, the latest in their product line, provides 90 minutes of flight time with a 30-minute reserve, opening up new possibilities for electric aircraft applications.
Read full description
EPS Energy serves a diverse range of clients in the aviation industry, including flight schools and industry partners. Their modular design is versatile, catering to different types of aircraft, propulsion systems, and energy sources. This adaptability allows them to meet a wide range of customer needs and positions them well in the electric aviation market.
The company operates on a production and sales business model. They manufacture their energy storage modules and sell them to clients in the aviation sector. Their technology is scalable, allowing them to increase production rates to meet growing demand. Currently, they are capable of delivering 1,000 modules a year, with plans to scale up to 10,000 modules a year.
EPS Energy has also made significant strides in regulatory certifications. Their first-generation product, Honeycomb, was certified by NASA in 2018. Their fifth-generation product, EPiC, is expected to receive FAA TSO Certification in 2024. This broad endorsement across the aerospace value chain further strengthens their market position.
At a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- North Logan, United States
- Employees
- 104
- Open positions
- 3
- Dealroom signal
- 71.7/100
- Sub-industry
- Energy Storage, Vehicle Production
- Sector
- Aviation, Lithium-Ion Batteries, Sustainable Development Goals, Aviation and Aerospace, EV Battery, Climate Tech, Electric Mobility, Hard Tech, Sustainable Aviation
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning Electric Power Systems.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Jul 2023 | $0 | — | United Airlines | ↗ |
| SERIES A✓Equity / VC | Apr 2022 | $13M | $52M | Hyundai Motor Company · JetBlue Ventures | ↗ |
Growth signals
Latest recorded traffic for Electric Power Systems is 3.3K monthly website visits, down 13.2% over the last three months. Electric Power Systems's team declined 2.8% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Utah Science Technology and Research (USTAR)
Series A5 investors entered at this stage
Safran Corporate Ventures
Boeing
Hyundai Motor Company
JetBlue Ventures
United Airlines
Other known investors1 additional known investor
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Electric Power Systems on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Electric Power Systems’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.