Electric Power Systems, Inc. (EPS), founded in 2016, is carving a niche in the electrified aviation sector with its high-power scalable powertrains. Based in the United States, the company supports upward mobility in the aerospace industry with solutions like energy storage systems, DC fast-charging stations, and battery management systems tailored for aircraft. Notably, the safety features in their products maintain a perfect safety record.
EPS's client roster includes prominent names such as Boeing, Nasa, and JetBlue Technology Venture leveraging the company's advanced technologies. The company has garnered significant attention from investors, securing backing from major industry players like Boeing and Safran in 2019, and JetBlue Technology Venture in 2022. Most recently, United Airlines and United Airlines Ventures participated in their Venture Round investment on July 21, 2023, further affirming EPS's growth potential in revolutionizing aerospace propulsion systems.