Electric Power Systems
Electric Power Systems designs and manufactures modular lithium-ion battery systems and DC fast-charging infrastructure for electric and hybrid-electric aircraft. The Logan, Utah-based company serves aerospace OEMs, defense contractors, and government agencies including NASA, Boeing, Embraer, and the U.S. Army.
- Company typePrivate
- Founded2016
- HeadquartersLogan, United States
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Electric Power Systems does
Electric Power Systems (EPS) designs, develops, and manufactures modular lithium-ion battery energy storage systems and DC fast-charging infrastructure for electric and hybrid-electric aircraft. The company's flagship EPiC Battery System is available in two generations: EPiC 1.0, which underwent the first FAA TSO-C179b qualification testing for an aircraft propulsion battery, and EPiC 2.0, launched in April 2024 with 265 Wh/kg pack-level energy density, over 90 minutes of usable flight time with a 30-minute reserve, and 30-minute fast charging to 80% capacity. EPS's technology stack features a configurable Battery Management System (BCC-701) supporting multiple cell chemistries, patented lightweight thermal runaway containment with less than 20% packaging overhead, and a complete ecosystem spanning battery modules, BMS, charging infrastructure, power electronics, and certification services.
Founded in 2016 by Nathan Millecam and Randy Dunn and relocated to Logan, Utah in 2017, EPS operates a 70,000 square-foot manufacturing facility with 100 MWh/year production capacity and an estimated 90 employees. Revenue is generated primarily through hardware sales of battery systems and charging infrastructure to aerospace OEMs and defense contractors via a direct enterprise field sales model, supplemented by FAA/EASA certification support services. Customer relationships span major aerospace primes (Boeing, Embraer, Bell, Safran, Diamond Aircraft, Supernal/Hyundai), advanced air mobility startups (SkyDrive, Ampaire, VoltAero, Aura Aero, Elfly, REGENT), and government agencies (NASA, FAA, U.S. Army). The company holds AS9100D and ISO 9001:2015 certifications, has strategic backing from Boeing HorizonX Ventures, Safran Ventures, JetBlue Technology Ventures, and United Airlines, and targets the FAA TSO-C179b certification and NAVSEA s9310 certification as foundational regulatory milestones.
Electric Power Systems firmographics
Firmographics- Name
- Electric Power Systems
- Legal name
- Electric Power Systems, Inc.
- Website
- https://epsenergy.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Electric Power Systems designs and manufactures modular lithium-ion battery systems and DC fast-charging infrastructure for electric and hybrid-electric aircraft. The Logan, Utah-based company serves aerospace OEMs, defense contractors, and government agencies including NASA, Boeing, Embraer, and the U.S. Army.
- Ownership category
- akta.pro rank
Electric Power Systems industry classification
Industry- Product category
- Aerospace Battery Systems
- NAICS
- Battery Manufacturing (33591), Electrical Equipment Manufacturing (3353), Relay and Industrial Control Manufacturing (335314)
- SIC
- Electrical Industrial Apparatus (3620), Switchgear & Switchboard Apparatus (3613)
- akta.pro primary industry
- Energy Storage Software & Controls (EMS, monitoring, optimization, cybersecurity) (IMAGAHAJ)
- akta.pro secondary industries
- EV & Fleet Charging Equipment (AC/DC chargers, depot charging systems) (IMAGAHAF), Thermal Management & Safety Systems (cooling, fire detection/suppression, venting) (IMAGAHAI), Battery Safety Engineering (Fire Detection/Suppression, Hazard Mitigation) & Code Compliance (EUAEAEAI)
Keywords
Where Electric Power Systems is headquartered
LocationHeadquarters
- HQ city
- Logan
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Electric Power Systems business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Supply Chain, Operations, Infrastructure, Marketing or Sales
Revenue model
- Battery Systems Sales: Sale of energy storage systems (EPiC battery modules) to aircraft manufacturers and operators for electric propulsion applications
- Charging Infrastructure: DC fast-charging stations and associated infrastructure for electric aircraft ground support
- Electric Propulsion Products: Electric propulsion products including power electronics for aerospace, defense, automotive, marine, and industrial traction industries
- Certification Services: FAA TSO certification and compliance testing services for battery systems
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Electric Power Systems product offering
Product offeringCore offering
Electric Power Systems (EP Systems) designs and manufactures modular energy storage systems (the EPiC battery module family, including EPiC 1.0 and EPiC 2.0) and DC fast-charging infrastructure to power electric and hybrid-electric aircraft. The company also provides battery management systems, custom integration engineering, and FAA/EASA certification support services for commercial aerospace, defense, marine, and industrial customers.
Product overview
Electric Power Systems (EP Systems) offers a modular energy storage and electric propulsion ecosystem primarily for the aerospace industry. The core product is the EPiC (Energy Producing Ion Core) Battery System, available in EPiC 1.0 and the newer EPiC 2.0 versions. The EPiC Ecosystem is a comprehensive solution comprising modular battery modules, DC fast-charging infrastructure, battery management systems, and certification support services. The company serves both defense and commercial aerospace markets, providing customizable energy storage solutions that integrate with various aircraft platforms. The product portfolio also includes Custom Solution services for specific customer requirements and Certification Services to support FAA/EASA regulatory approvals.
Differentiator
Problem solved
Functional benefit
Brands
- EPiC Battery System: Modular battery module family providing energy storage solutions for electric aircraft. Includes thermal runaway containment with packaging overhead of less than 20% of module mass. Certified to DO-311A standards.
- EPiC 2.0
- EPiC 1.0
- EPiC Ecosystem
- EPiC Propulsion Battery
Products and services
- EPiC Propulsion Battery (EPiC 1.0) Modular aircraft energy storage system for electric and hybrid-electric propulsion; line replaceable units for battery module, battery management unit, midpoint disconnect, and interconnects; first FAA TSO-C179b certified battery system for aircraft propulsion.
- EPiC 2.0 Energy Storage System Second-generation EPiC aircraft energy storage system offering 265 Wh/kg pack-level energy density, over 90 minutes of usable flight time with a 30-minute reserve, and 30-minute fast charging to 80% capacity; drop-in replacement for EPiC 1.0.
- Charging & Infrastructure DC fast-charging stations and mobile microgrid solutions for electric aircraft ground support, completing the EPiC ecosystem.
- Custom Solution Tailored battery and energy storage system development for specific aircraft applications and customer requirements.
- Certification Services Technical support and collaboration with aviation regulators (FAA, EASA) for certification of battery systems under Technical Standard Orders (TSO) and other aviation standards.
Quantifiable outcome
- Up to 30 additional minutes of usable flight time vs previous technology
- +5 more outcomes
Companies that use Electric Power Systems
Customer profileNamed customers16 records
Segments4 records
Ideal customer profiles3 records
Electric Power Systems technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Electric Power Systems partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and major.
- FAAcoreEP Systems partnered with FAA to certify batteries for general aviation aircraft. Currently undergoing TSO-C179b qualification testing - first FAA qualification testing for aircraft energy storage system propulsion battery.
- ElflymajorEP Systems selected as battery provider for Elfly's Noemi all-electric seaplane research demonstrator. Aircraft designed for 200-km air journeys with 15-20 passenger-ready crafts projected by 2030.
- Diamond AircraftcoreEP Systems provides EPiC battery module and DC fast charging system for eDA40 all-electric aircraft. Diamond's eDA40 will be first EASA/FAA Part 23 certified electric aircraft, with maiden flight successfully completed in July 2023.
- AmpairemajorExclusive agreement for propulsion battery pack supply for Ampaire's hybrid-electric Eco Caravan upgrade of Cessna Grand Caravan. EPiC system provides over 200 Wh/kg energy density with 2,000+ charge cycles. First hybrid-electric aircraft to enter FAA certification process.
- Aura AeromajorContract award to provide EPiC battery system for Integral E prototype and flight demonstrator. All-electric two-seater with aerobatic capabilities, targeting first zero-emission training aircraft market.
- Supernal (Hyundai Motor Group)corePartnership formalized at Farnborough International Airshow to accelerate development and production of safe, lighter-weight and certifiable eVTOL vehicle batteries. First vehicle partnership for Supernal, working within open ecosystem model for Advanced Air Mobility.
- SkyDrivemajorSkyDrive selected EP Systems to design, develop, and manufacture SD-05 battery system for production flying car. Target of launching services using SD-05 in Osaka Bay Area in 2025. EP Systems provides complete EPiC battery system including modules, BMS, and disconnect box.
- VoltAeromajorEPiC energy storage system selected for Cassio 330 hybrid-electric aircraft prototype. System delivers over 200 Wh/kg energy density at battery pack level with 2,000+ fast-charge cycles. First delivery scheduled for first half of 2022.
- EmbraercoreEP Systems battery system powered successful first flight of Embraer's all-electric EMB-203 Ipanema. Testbed flights at Gaviao Peixoto facility support Embraer's commitment to carbon neutral operations by 2040.
- Bell Helicopter (Textron)coreTeaming agreement to develop Advanced Energy Storage Systems for Bell's On-Demand Mobility VTOL aircraft project. EP Systems designs and builds battery modules, battery management system, and power management for Bell Air Taxi flight demonstrator vehicle.
Scale indicators7 records
Recent moves7 records
Expansion highlights6 records
Electric Power Systems competitors and assessment
Company assessmentDirect peers
- H55: Swiss company developing electric aircraft battery systems and propulsion. H55 is the most direct peer to EPS — both produce certified battery energy storage systems for electric and hybrid-electric aircraft, targeting the same eVTOL and commuter aircraft market segments with similar modular battery architectures.
- Kokam: Specialty lithium-ion battery manufacturer serving aerospace, defense, marine, and industrial markets. Kokam produces high-energy-density battery cells and packs for aviation and defense applications, directly comparable to EPS in target use cases and customer profiles.
- A123 Systems: Lithium-ion battery manufacturer serving transportation, grid, and aerospace markets. A123 produces aviation-grade batteries and energy storage systems comparable to EPS's EPiC family, serving similar commercial and defense customers with high-power lithium-ion solutions.
- Amprius: Silicon nanowire anode lithium-ion battery cell manufacturer for aviation and defense applications. Amprius is both a partner (supplies cells for EPS's Soldier Power 2.0 program) and a peer, competing in the broader aerospace battery value chain with cell-level technology that EPS integrates into its pack-level systems.
Broad incumbents
- Rolls-Royce Electrical: Aerospace propulsion systems division developing electrical propulsion for aircraft. Rolls-Royce is a broad incumbent in aerospace propulsion with electrification initiatives that overlap with EPS's customer base, though it focuses on integrated propulsion systems rather than standalone battery modules.
- Saft (TotalEnergies): French battery manufacturer owned by TotalEnergies, specializing in aviation, defense, and industrial battery systems. Saft is a broad incumbent with overlapping aerospace battery capabilities and is also an EPS investor (Safran Ventures joint-invested with Boeing in EPS's 2019 Series A), creating both partnership and competitive overlap.
- EaglePicher Technologies: Established aerospace and defense battery manufacturer with deep heritage in aviation energy storage. EaglePicher produces certified battery systems for aircraft, spacecraft, and military applications, competing with EPS in defense-adjacent battery markets with broader legacy product portfolios.
Emerging players
- ZeroAvia: Hydrogen-electric aviation propulsion developer targeting regional aircraft. ZeroAvia is an emerging player in clean aviation propulsion with overlapping customer conversations and ecosystem positioning, though it focuses on hydrogen fuel cells rather than battery systems, making it more adjacent than direct.
- MagniX: Electric propulsion systems developer for aircraft, focused on electric motors and integrated powertrains. MagniX is an emerging peer in the electric aviation ecosystem with overlapping customers (e.g., Eviation Alice, Harbour Air) but focuses on motors/inverters rather than battery systems, making it complementary rather than directly competing on EPS's core product.
- Heart Aerospace: Swedish developer of hybrid-electric regional aircraft (ES-30). Heart Aerospace is an emerging player in electrified aviation with overlapping interest in certified battery systems for regional aircraft, representing both a potential customer for EPS-style battery technology and a competitor for OEM relationships.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Electric Power Systems social profiles
Digital presenceElectric Power Systems compliance and trust
Trust signalCompliance4 records
Electric Power Systems financial estimates
Financial estimateRevenue estimate
Valuation estimate
Electric Power Systems leadership team
Management profileNumber of profiles
Profiles7 records
Electric Power Systems funding detail
Funding detailFunding overview
Funding rounds2 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Electric Power Systems M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Electric Power Systems
What does Electric Power Systems do?
Electric Power Systems (EP Systems) designs and manufactures modular energy storage systems (the EPiC battery module family, including EPiC 1.0 and EPiC 2.0) and DC fast-charging infrastructure to power electric and hybrid-electric aircraft. The company also provides battery management systems, custom integration engineering, and FAA/EASA certification support services for commercial aerospace, defense, marine, and industrial customers.
Is Electric Power Systems a public or private company?
Electric Power Systems is a private company. It is classified as venture growth investor backed and is currently operating.
When was Electric Power Systems founded?
Electric Power Systems was founded in 2016. It employs 51 to 100 people.
Where is Electric Power Systems based?
Electric Power Systems is headquartered in Logan, United States, in the North America region.
How does Electric Power Systems make money?
Four revenue lines are on record. Battery Systems Sales are the primary driver. The others are charging Infrastructure, electric Propulsion Products and certification Services.
Who are Electric Power Systems's main competitors?
Direct peers on record are H55, Kokam, A123 Systems and Amprius. Broad incumbents are Rolls-Royce Electrical, Saft (TotalEnergies) and EaglePicher Technologies. Emerging players are ZeroAvia, MagniX and Heart Aerospace.
Does Electric Power Systems have an API?
No public API is recorded for Electric Power Systems.
What industry is Electric Power Systems in?
Electric Power Systems's product category is Aerospace Battery Systems. Its primary akta.pro industry code is IMAGAHAJ, Energy Storage Software & Controls (EMS, monitoring, optimization, cybersecurity), with a secondary code of IMAGAHAF, EV & Fleet Charging Equipment (AC/DC chargers, depot charging systems). Its NAICS code is 33591 and its SIC code is 3620.