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Electron Power Systems, Inc.

Our clean energy generator will use breakthrough technology to improve a commercially available product to deliver 80% energy cost savings.

  • Stage Product In Development
  • Industry Clean Technology
  • Location Acton, MA, USA
  • Currency USD
  • Founded September 1992
  • Employees 2
  • Website electronpowersystems.com

Company Summary

We are developing a clean energy generator for 80% fuel cost savings for homeowners using our breakthrough technology. There will be no pollution because we do not use fossil fuels or nuclear fuels. Customers will be businesses, home owners, and makers of cars. Funding of $195k will produce an energy demo in two years, potentially increasing company value 3x to 5x, although this cannot be guaranteed and there is risk with this potential.

Team

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    Clint Seward
    Chief Technology Officer

    Clint Seward discovered the ESTS technology and has designed its applications. His career includes general management in a high-tech company prior to EPS, Inc., as well as engineering management and design engineering experience. Clint served in the US Air Force, holds a Master’s of Science in Electrical Engineering from University of Michigan, and a BS from West Point.

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    DeWitt "DC" Seward
    Engineering Consultant

    DeWitt (“DC”) Seward has worked with EPS in a consulting role since 1992. He was a product engineer designing survey equipment for a global positioning technology. He is presently a product engineer in a wireless technology company. DC holds a Master’s of Science in EE from MIT.

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    Chiping Chen
    Consulting Scientist

    Dr. Chen has been a consultant to EPS for more than 20 years. He derived the ESTS physics from first principles and wrote the initial peer reviewed papers. Postdoctoral Studies, MIT Plasma Science and Fusion Center 1987-1990. Ph.D. Physics, Stevens Institute of Technology 1987.

Advisors

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    Thomas Hoover; Weingarten, Schurgin, Gagnebin & Lebovici LLP
    Lawyer
    Unconfirmed
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    Mary Seward
    Accountant
    Unconfirmed

Previous Investors

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    George B. Hegeman
    Unconfirmed
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    Goeffrey Hegeman
    Unconfirmed
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    Robert Hegeman
    Unconfirmed