
Novpower
closedDevelops and manufactures electric propulsion systems for light aviation.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
$80.0k | Early VC | ||
Total Funding | 000k |
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NovPower, established in early 2018, specializes in developing and commercializing certified electric propulsion systems for recreational aviation. Operating within the aviation market, NovPower targets pilots and aviation enthusiasts seeking cleaner, safer, and more cost-effective flight solutions. The company's core product is an 80 kW electric propulsion system designed for light sport aircraft, which includes electric engines, inverters, batteries, and human-machine interfaces. NovPower's business model revolves around leveraging its expertise in system engineering and project management to create innovative solutions that comply with evolving regulatory standards. Revenue is generated through the sale of these advanced propulsion systems. The company benefits from recent regulatory harmonization between European and US standards, which facilitates the introduction of electric propulsion innovations. NovPower's products enable flights of over one hour, making them suitable for training and cross-country trips, with ongoing improvements expected to further extend flight autonomy.
Keywords: electric propulsion, recreational aviation, light sport aircraft, certified systems, regulatory compliance, system engineering, project management, cost-effective, environmental impact, pilot safety.