Electric Power Systems
Latest round
- Series A
Last raised
- Sep 2019
Total raised
- Undisclosed
Investors
- 2
About Electric Power Systems
Electric Power Systems, Inc.Founded in 2016 in North Logan, US, Electric Power Systems, Inc. provides innovative energy solutions.Electric Power Systems (EP Systems) specializes in providing advanced energy solutions primarily through its modular energy storage systems, which are designed for both commercial and defense applications. Their core offerings include the EPiC propulsion battery, battery charging infrastructure, and custom energy solutions that emphasize ease of upgradeability and rapid deployment. These products are engineered to meet the evolving demands of the aerospace industry, particularly in reducing costs and emissions for aircraft while enhancing performance and mission capabilities for defense systems. EP Systems serves a diverse client base that includes commercial aerospace manufacturers and defense contractors across various geographical markets, including North America, Europe, and potentially other regions that prioritize electric propulsion technologies.The revenue structure of Electric Power Systems is primarily driven by business-to-business (B2B) transactions, where they collaborate with clients in the defense and aerospace sectors to provide tailored energy solutions. The company engages in direct sales of their modular systems and related products to manufacturers and service providers, facilitating partnerships that enhance their market reach. Pricing plans may include project-based contracts for large-scale deployments of their EPiC propulsion systems or subscription models for ongoing support and upgrades. Specific details about individual product pricing or revenue figures are not disclosed; however, flagship offerings like the EPiC storage system are engineered to meet stringent regulatory certifications, further establishing the company's value proposition in the market.In April 2022, Electric Power Systems, Inc. Additionally, EP Systems is exploring opportunities for expansion into new geographic markets, particularly targeting regions in Europe and Asia by 2025. These initiatives are designed to not only broaden their market presence but also to strengthen their capabilities in providing innovative electric propulsion products.
Who invested in Electric Power Systems
2 investors across 1 round
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Funding rounds
Series A
Sep 17, 2019
Amount
Undisclosed
Investors
Questions about Electric Power Systems
Who invested in Electric Power Systems?
Electric Power Systems has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Electric Power Systems raised?
Electric Power Systems has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Electric Power Systems last raise money?
Electric Power Systems's most recent round on record is a Series A, in Sep 2019.
What does Electric Power Systems do?
Electric Power Systems is a power & utilities company.
Where is Electric Power Systems headquartered?
Electric Power Systems is headquartered in North Logan, US.
Which VCs invest in companies like Electric Power Systems?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back power & utilities companies at Electric Power Systems's stage. Their profiles are linked below.
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