ELECTRIC POWER SYSTEMS INC

North Logan, UT · Founded 2016 · Aerospace · Private

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Updated · epsenergy.com

Sector
Aerospace
Headquarters
North Logan, UT
Founded
2016
Latest Form D
$15M, Jul 2019
Total capital
$20.1M
Federal grants
$899K
2 awards · 2018–2020
Rank in peer group#6 of 77
Private capital raised
$15M
1 Form D · last Jul 2019
87 months since last filing
Federal contracts
$4.2M
6 awards · NASA, Defense
Rank in Aerospace#361 of 1335
Granted patents
5
35 pending · first 2017
Rank in peer group#3 of 77

Capital timeline

20172018201920202021202220232024FEDERAL ↑EQUITY ↓Cumulative $20.1M$749K$1.1M$150K$213K$2.5M$287K1st Form D$15M
2017201920212023FEDERAL ↑EQUITY ↓Cumulative $20.1M$749K$1.1M$2.5M$287K1st Form D$15M

Latest events

  • Federal contractNASA · Energy Storage Systems (ess) Equipment And Support$287K
  • Federal contractDefense · Ro Mac - Rapid Sustainment Directorate Multi-award Contract Kickoff Meeting$1K
  • Federal contractNASA · Active Battery Management System With Physics Based Life Modeling Topology$2.5M
  • Federal contractNASA · Procure De-energized Batteries For Testing And Evtol Research & Development$213K
  • Federal grantDefense · Phase I · Lightweight Protection Systems of Direct-Current Propulsion Power Link$150K
  • Private capital raisedForm D · SEC · 1st filing$15M
  • Federal contractNASA · Robust Data Acquisition On Flight Applications Enables Researchers To Rapidly Advance Technology. Distributed Electric Propulsion (dep) And Hybrid Electric Architectures Rely Heavily On Batteries To Achieve Fuel Efficiency And Reduced CO2 Emissions. Dep Aircraft Of The Future Have Demands For Energy Storage Systems With Large Counts Of Cells Put In Series And Parallel To Achieve Needed Voltage And Energy Levels. The X57 Maxwell Battery Comprises Of Over 6000 Cells. As The Pack Goes Through Repea$1.1M
Show 2 earlier federal awards
  • Federal grantNASA · Phase II · Active Battery Management System with Physics Based Life Modeling Topology$749K
  • Federal contractNASA · Igf::ot::igf Robust Data Acquisition On Flight Applications Enables Researchers To Rapidly Advance Technology. Distributed Electric Propulsion (dep) And Hybrid Electric Architectures Rely Heavily On Batteries To Achieve Fuel Efficiency And Reduced CO2 Emissions. Dep Aircraft Of The Future Have Demands For Energy Storage Systems With Large Counts Of Cells Put In Series And Parallel To Achieve Needed Voltage And Energy Levels. The X57 Maxwell Battery Comprises Of Over 6000 Cells. As The Pack Goes$125K

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Federal first

26months

from ELECTRIC POWER SYSTEMS INC’s first federal award to its first private round.

First federal award · Jun 2017
NASA · $125K
First Form D · Jul 2019
$15M · 1st Form D
Awards before first raise
3 awards

An association in public records, not a cause or a prediction.

Standing among 77 peers

Line = median

Aerospace · Device

  • Federal grants#6 · top 8%
  • Granted patents#3 · top 4%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

Researcher links verified by same-company patents and grants
  • Michael ArmstrongResearcherExecutive OfficerLinked by 1 patent
  • Randy DunnResearcherExecutive Officer, DirectorLinked by $749K in grants as PI
  • Dustin TurleyExecutive OfficerNamed in SEC Form D filings
  • Nathan MillecamExecutive Officer, DirectorNamed in SEC Form D filings
  • Nicolas FranckDirectorNamed in SEC Form D filings

What it has protected

USPTO · 5 granted of 40
Show all 40 patent records
  • Thermal Runaway Debris Capture Devices And MethodsSep 15, 2026 · US 12,738,594Granted
  • Electrically Powered Propeller Systems Including An Exhaust System For Battery Thermal ManagementMar 17, 2026 · US 12,576,978Granted
  • Battery Module Systems, Assemblies, And Methods Of ManufactureFeb 19, 2026 · Application 19366955Pending
  • Flexible, Extensible, Battery Management SystemsFeb 10, 2026 · US 12,548,845Granted
  • Thermal Runaway Debris Capture Devices And MethodsJun 12, 2025 · Application 18868094Pending
  • Interconnected Battery Connection Devices And Methods Of OperationApr 3, 2025 · Application 18868395Pending
  • Expansion Systems And Methods For Battery PackJan 2, 2025 · Application 18885296Pending
  • Battery Thermal Management StripDec 31, 2024 · US 12,183,905Granted
  • Bolt On Active BalancersOct 3, 2024 · Application 18620883Pending
  • Gang Vent Systems, Assemblies And MethodsAug 15, 2024 · Application 18570276Pending
  • Multi-string CoordinatorAug 8, 2024 · Application 18419371Pending
  • Cross-compatible Battery Modules For Microgrid SystemsJun 27, 2024 · Application 18420307Pending
  • Mobile Charging System With Bi-directional Dc / Dc ConverterMay 23, 2024 · Application 18420543Pending
  • Fluid Management System For Mobile Charging SystemMay 16, 2024 · Application 18420505Pending
  • Systems And Methods For Mechanical Prevention Of Thermal Runaway PropagationMay 16, 2024 · Application 18539663Pending
  • Mobile Microgrid EcosystemMay 16, 2024 · Application 18420462Pending
  • Common Battery Module Interfaces For Microgrid SystemsMay 16, 2024 · Application 18420415Pending
  • Cooling Jacket Assembly And Manufacturing Methods ThereofAug 3, 2023 · Application 18008131Pending
  • Hot Charging Systems And MethodsApr 27, 2023 · Application 18086507Pending
  • Method Of Manufacture For A Hybrid Cooling Battery PackJan 19, 2023 · Application 17956579Pending
  • Container Integrated Battery AssemblySep 1, 2022 · Application 17748662Pending
  • Battery Module Systems With Isolated Sub-modulesAug 4, 2022 · Application 17665333Pending
  • High Reliability Hybrid Energy Storage SystemFeb 3, 2022 · Application 17401104Pending
  • Battery Thermal Management By Coolant DispersionNov 18, 2021 · Application 17285869Pending
  • Interconnected Battery Module Systems, Assemblies And MethodsOct 14, 2021 · Application 17227234Pending
  • Automated Demand Response System And MethodNov 14, 2017 · US 9,819,186Granted
  • Electrically Powered Propeller SystemsApplication 63391675Pending
  • Systems And Methods For Multiple Use Of Electrostatic Discharge And Lightening Protection Systems For Prevention Of Thermal Runaway PropagationApplication PCTUS2022038024Pending
  • Gang Vent Systems, Assemblies And MethodsApplication PCTUS2022035150Pending
  • Systems And Methods For Mechanical Prevention Of Thermal Runaway PropagationApplication PCTUS2022033529Pending
  • Interconnected Battery Connection Devices And Methods Of OperationApplication 63346597Pending
  • Thermal Runaway Debris Capture Devices And MethodsApplication 63344696Pending
  • Expansion Systems And Methods For Battery PackApplication 63319653Pending
  • Cross-compatible Battery Modules For Microgrid SystemsApplication 63313640Pending
  • Common Battery Modules Interfaces For Microgrid SystemsApplication 63313660Pending
  • Fluid Management System For Mobile Charging SystemApplication 63244108Pending
  • Mobile Charging System With Bi-directional Dc / Dc ConverterApplication 63244094Pending
  • Flexible, Extensible, Battery Management SystemsApplication 63234489Pending
  • Mobile Microgrid EcosystemApplication 63226086Pending
  • Systems And Methods For Multiple Use Of Electrostatic Discharge And Lightening Protection Systems For Prevention Of Thermal Runaway PropagationApplication 63225292Pending

Regulatory activity · Aerospace

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .