/Companies

Electric Power Systems

Logan, US · Founded 2016 · 2 known investors

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Develops modular, scalable battery solutions for electric aviation and other industries.

Founders & leadership

Electric Power Systems was founded in 2016 by Nathan Millecam, Michael Armstrong, and Randy Dunn.

NMNathan Millecam
Nathan MillecamCo-founderExecutive Officer and Director at Electric Power Systems, which develops modular battery solutions for electric aviation and other industries. Nathan Millecam has background in strategy, business development, and product development across new product launches, contract negotiation, and program management.
MAMichael Armstrong
Michael ArmstrongCo-founderMichael Armstrong is an executive officer at Electric Power Systems, which develops modular, scalable battery solutions for electric aviation and other industries. He holds a PhD in Aeronautical Engineering from Georgia Institute of Technology and has prior experience in aerospace and defense.
RD
Randy DunnCo-founder
DTDustin Turley
Dustin TurleyExecutive

Board

NF
Nicolas FranckBoard director

Investors · 2

Reported raises · per SEC filings

Form D private placements

$15M disclosed across 1 round · 2019

▶$15MraisedJul 2019 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Nathan MillecamExecutive Officer, Director
  • Michael ArmstrongExecutive Officer
  • Randy DunnExecutive Officer, Director
  • Dustin TurleyExecutive Officer
  • Nicolas FranckDirector
Offering amount
$15M
Amount sold
$15M
Minimum investment
$5M
First sale
Jul 2019
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Electric Power Systems do?
Develops modular, scalable battery solutions for electric aviation and other industries.
Who founded Electric Power Systems?
Electric Power Systems was founded by Nathan Millecam, Michael Armstrong, Randy Dunn in 2016.
Who are Electric Power Systems's investors?
Electric Power Systems's investors include JetBlue Ventures, SKY VC.
How much funding has Electric Power Systems raised?
Electric Power Systems has disclosed $15M raised across 1 round.
Where is Electric Power Systems headquartered?
Electric Power Systems is headquartered in Logan, US.