Engineered Propulsion Systems

company

About

Engineered Propulsion Systems was formed in 2006 to develop, manufacture and market a revolutionary new General Aviation diesel engine.

  • 11 - 50

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$6.40M
Industries
Aerospace,Innovation Management
Founded date
Jan 1, 2006
Number Of Employee
11 - 50
Operating Status
Active

At Engineered Propulsion Systems, we are changing the future of General Aviation with our state-of-the-art lightweight diesel engine, the Graflight V-8, which runs in the 320 to 420 horsepower range. This engine is the first of its kind, designed from scratch to achieve the best fuel economy the business has ever seen.

The Graflight V-8’s eight-cylinder, 4-stroke piston engine takes full advantage of the extensive research and development that has elevated automotive diesel engines to the highest standards, incorporating them into an engine designed specifically for general aviation.

It offers incredible advancements in reliability, safety and durability by taking a high-tech approach to the problems commonly found in competitors’ engines and eliminating them through a combination of extremely rugged yet lightweight materials and by employing the most advanced proven automotive techniques for monitoring and controlling engine performance.

The Graflight V-8 is unlike anything that has ever been put inside a general aviation airplane and the results can be seen in virtually every aspect of its performance and design. Though it is of comparable weight and size, the Graflight V-8 has shown up to 40 percent fuel savings when matched against comparable turbine engines.

The engine increases range by up to 50 percent or payload by up to 40 percent compared to Avgas-powered aircraft. When compared with other aviation diesels, it is still 15 percent more fuel efficient because unlike those engines, it was built specifically to meet the requirements of flight.

It is also the cleanest and greenest engine ever manufactured for the GA market, cutting CO2 emissions by 30 percent over comparable Avgas engines and by 17 percent over competing diesel engines. In fact, if this engine could be installed in every car in America, it would cut fuel consumption across the board by 30 percent – just imagine!

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$11.89M
Engineered Propulsion Systems has raised a total of $11.89M in funding over 2 rounds. Their latest funding was raised on May 24, 2016 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 24, 2016 Series Unknown $6.40M 1 Detail
May 7, 2014 Series Unknown $3M 1 Detail
Jan 1, 2012 Debt Financing $2.49M 1 Chippewa Valley Angel Investors Network Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Engineered Propulsion Systems is funded by 1 investors. Chippewa Valley Angel Investors Network are the most recent investors.
Investor Name Lead Investor Funding Round
Chippewa Valley Angel Investors Network Series Unknown