Engineered Propulsion Systems
Engineered Propulsion Systems is a privately held New Richmond, Wisconsin aerospace firm founded in 2006 that designs, manufactures, and markets a proprietary diesel engine for the general aviation market.
- Company typePrivate
- Founded2006
- HeadquartersNew Richmond, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Engineered Propulsion Systems does
Engineered Propulsion Systems (EPS) is a U.S.-based, privately held aerospace propulsion company founded in 2006 and headquartered in New Richmond, Wisconsin, operating with a headcount in the 11-50 range. Per the company's own positioning, EPS was formed specifically to develop, manufacture, and market a new general aviation diesel engine, positioning the firm in a narrow, capital-intensive niche historically dominated by Continental and Rotax rather than the broader piston or turboprop powerplant markets.
The technical core is a proprietary diesel-cycle powerplant intended for light fixed-wing general aviation aircraft, with the firm pursuing engine design, certification, and ultimately series production. Long product-development cycles and FAA/EASA type-certification requirements are the dominant determinants of timing and capital needs, which the company has financed through repeated equity raises totaling roughly $40 million across 2011-2018, drawing primarily on regional angel capital led by the Chippewa Valley Angel Investors Network.
The business model, as inferred from the input, is the sale of certificated engines (and likely ongoing spare parts and service) to aircraft OEMs for line installation and to the retrofit/STC market for in-service airframes. No pricing, customer, or distribution channel data is disclosed in the source material; specific revenue model mechanics, customer mix, and go-to-market channels cannot be confirmed beyond the underlying make-and-sell physical product premise. The company is led by co-founder Michael Fuchs (President & CEO) and CFO Paul Mayer.
Engineered Propulsion Systems firmographics
Firmographics- Name
- Engineered Propulsion Systems
- Website
- https://eps.aero
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Engineered Propulsion Systems is a privately held New Richmond, Wisconsin aerospace firm founded in 2006 that designs, manufactures, and markets a proprietary diesel engine for the general aviation market.
- Ownership category
- akta.pro rank
Engineered Propulsion Systems industry classification
Industry- Product category
- Aviation Diesel Engines
- NAICS
- Aircraft Engine and Engine Parts Manufacturing (336412)
- SIC
- Aircraft Engines & Engine Parts (3724)
- akta.pro primary industry
- Engine Modules & Hot-Section Components (Compressors/Turbines/Combustors) (IMABADAJ)
Keywords
Where Engineered Propulsion Systems is headquartered
LocationHeadquarters
- HQ city
- New Richmond
- HQ country
- United States
- HQ region
- North America
Markets served
Engineered Propulsion Systems business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Supply Chain, Personnel, Operations, Marketing or Sales
Engineered Propulsion Systems product offering
Product offeringCore offering
Engineered Propulsion Systems develops, manufactures, and markets a diesel engine specifically engineered for the General Aviation (light aircraft) market. The company focuses on delivering a fuel-efficient diesel propulsion alternative to conventional avgas-powered piston engines for fixed-wing aircraft.
Differentiator
Problem solved
Functional benefit
Products and services
- General Aviation Diesel Engine A diesel engine designed, manufactured, and marketed by Engineered Propulsion Systems for the General Aviation (light, fixed-wing aircraft) market. The engine enables operation on jet-A fuel as an alternative to legacy avgas-burning piston engines, targeting aircraft OEMs, fleet operators, and the retrofit aftermarket.
Companies that use Engineered Propulsion Systems
Customer profileIdeal customer profiles1 record
Engineered Propulsion Systems technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Engineered Propulsion Systems partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights3 records
Engineered Propulsion Systems competitors and assessment
Company assessmentBroad incumbents
- GE Aerospace: Global engine OEM with broad commercial and military propulsion portfolio. Relevant incumbent context for aviation engine supply chains and MRO ecosystems.
- Pratt & Whitney Canada: Major turboshaft/turboprop engine OEM serving business aviation, regional, and helicopter markets. Overlaps with EPS's general aviation propulsion space as a much larger incumbent.
- Rolls-Royce: Global aerospace propulsion OEM with broad turbine portfolio including business aviation and regional turboprops. Provides competitive context for general-aviation propulsion incumbents.
- Safran Aircraft Engines: Major French aerospace engine OEM with extensive turbine portfolio. Adjacent incumbent shaping aviation propulsion standards and supply chains.
Direct peers
- Continental Aerospace Technologies: Long-established manufacturer of piston and diesel engines for general aviation aircraft. Most directly comparable to EPS given overlapping general-aviation diesel engine focus and similar customer base.
- Lycoming Engines: Dominant supplier of piston engines for certified general aviation aircraft. Directly comparable product category and target OEMs, though Lycoming's portfolio is centered on avgas engines rather than diesel.
- Rotax (BRP): Producer of light aircraft piston engines used in LSA, training, and ultralight segments. Comparable in engine category and general aviation customer base, with strong European footprint.
- Williams International: Developer of small turbofan engines for business jets, cruise missiles, and unmanned platforms. Comparable as a focused, niche aviation propulsion specialist targeting smaller airframes.
- Austro Engine: Austrian manufacturer of Jet-A diesel aircraft engines for general aviation. Closely comparable to EPS in powertrain technology (compression-ignition av engines) and target market.
Emerging players
- Honda Aircraft Engines (Honda Aero): Honda's aviation engine subsidiary producing turbofan jet engines for light jets. Comparable as an alternative non-traditional propulsion entrant into the general/light aviation space.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Engineered Propulsion Systems social profiles
Digital presenceEngineered Propulsion Systems financial estimates
Financial estimateRevenue estimate
Valuation estimate
Engineered Propulsion Systems leadership team
Management profileNumber of profiles
Profiles2 records
Engineered Propulsion Systems funding detail
Funding detailFunding overview
Funding rounds10 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Engineered Propulsion 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 Engineered Propulsion Systems
What does Engineered Propulsion Systems do?
Engineered Propulsion Systems develops, manufactures, and markets a diesel engine specifically engineered for the General Aviation (light aircraft) market. The company focuses on delivering a fuel-efficient diesel propulsion alternative to conventional avgas-powered piston engines for fixed-wing aircraft.
Is Engineered Propulsion Systems a public or private company?
Engineered Propulsion Systems is a private company. It is classified as venture growth investor backed and is currently operating.
When was Engineered Propulsion Systems founded?
Engineered Propulsion Systems was founded in 2006. It employs 11 to 50 people.
Where is Engineered Propulsion Systems based?
Engineered Propulsion Systems is headquartered in New Richmond, United States, in the North America region.
Who are Engineered Propulsion Systems's main competitors?
Broad incumbents on record are GE Aerospace, Pratt & Whitney Canada, Rolls-Royce and Safran Aircraft Engines. Direct peers are Continental Aerospace Technologies, Lycoming Engines, Rotax (BRP), Williams International and Austro Engine. Honda Aircraft Engines (Honda Aero) is listed as an emerging player.
Does Engineered Propulsion Systems have an API?
No public API is recorded for Engineered Propulsion Systems.
What industry is Engineered Propulsion Systems in?
Engineered Propulsion Systems's product category is Aviation Diesel Engines. Its primary akta.pro industry code is IMABADAJ, Engine Modules & Hot-Section Components (Compressors/Turbines/Combustors). Its NAICS code is 336412 and its SIC code is 3724.