- LaunchPoint EPS specializes in electric propulsion and motor control systems, catering to the aerospace, defense, and power generation industries.
- The company's technology powers drones, and air mobility solutions for passengers and cargo and offers alternatives in vehicle propulsion and power generation.
- With a focus on cutting-edge technology, LaunchPoint EPS is led by founder Mike Ricci, who drives the company's vision for electric and hybrid electric flight systems.
As aerospace and defense industries began to take notice of the growing importance of electric propulsion systems, concerns about climate change and environmental sustainability gained momentum.
Consequently, governments and private companies alike started to invest in research and development of alternative propulsion technologies.
Traditional fossil fuel-based propulsion systems were not only contributing to greenhouse gas emissions but also limiting the performance and range of aircraft and spacecraft.
With the advancement of technology, LaunchPoint EPS emerged to capitalize on the growing demand for electric propulsion solutions.
Pioneering the Future of Aerospace
LaunchPoint EPS uses intelligent design tools to provide unprecedented vehicle propulsion and power generation solutions optimized as a complete system.
The company's focus on innovation has led to the conception of hybrid and electric solutions that power everything from drones to passenger and cargo air mobility.
LaunchPoint EPS offers vehicle propulsion and power generation alternatives that can be air- or liquid-cooled and software-controlled.
It also powers drones and air mobility for passenger and cargo applications, enabling government and defense industry clients with electric and hybrid electric flight systems.
The Vision that Propels Change
Founded in 2020, with a vision to create propulsion systems that are efficient, reliable, and sustainable, LaunchPoint EPS is driving the development of systems that exceed the demands of modern aerospace and defense applications.
Offering both air and liquid-cooled systems that are software-controlled, this US-based company ensures that its solutions are versatile and adaptable to a wide range of applications.
Co-founded by Dave Paden and Brad Paden, the company is led by the right minds whose expertise in the field of propulsion solutions has steered the growth and its vision.
Being active technical members of the team, they are involved in the design and development of the hardware systems.
Launchpoint EPS develops electric engine systems for drones and is working toward electric engines that could propel flying passenger vehicles.
“We wanted to be a tier-one aerospace supplier of propulsion and power and now that we are one, it’s about really looking like that tier-one supplier,” Rob Reali, CEO of Launchpoint EPS, told the Business Times.
LaunchPoint EPS is also pioneering the development of electric engine systems, currently powering drones and paving the way for a future where electric engines propel flying passenger vehicles.
“Moving into this new space is a game changer. We have a chance to create our own culture as we look like that tier-one supplier and everyone on our staff has wholeheartedly embraced that philosophy.”
Innovation and Sustainability
The technology behind LaunchPoint EPS's systems is a blend of innovation and practicality.
The company has developed propulsion and power generation systems that are both air and liquid-cooled, which provides flexibility depending on the application.
Moreover, the software-controlled aspect of these systems allows for precise management of the propulsion units, optimizing performance and extending the operational life of the equipment.
With sustainability at the heart of LaunchPoint EPS, the shift to propulsion is driven by the need to reduce emissions and create a better and safer future.
By providing alternatives to traditional fossil fuel-based propulsion systems, LaunchPoint EPS is not only meeting current industry demands but also paving the way for a greener, more efficient future.
LaunchPoint Technologies has secured a total of $18.5 million in funding across 4 rounds, with its latest Series B round in 2020 amounting to $10 million.
The company's investors include prominent names such as Draper Fisher Jurvetson, and Motorola Solutions Venture Capital, among many others.
This investment has fueled the company's growth, empowering it to push the boundaries of electric propulsion systems and advance its R&D initiatives in the aerospace sector.
Edited By Annette George
