Engineered Power Systems (EPS) can now continue the certification efforts for its high performance diesel engine, Graflight V-8, which is designed to produce 320 to 420 horsepower. An undisclosed Chinese investor has committed to funding the New Richmond, Wisconsin-based company. EPS could not divulge how much money it will receive, but it claims the funding will be sufficient to complete the certification program.
EPS Secures Funding for Diesel Engine
Key Takeaways:
- Engineered Power Systems (EPS) has secured funding from an undisclosed Chinese investor, enabling the company to continue certification efforts for its Graflight V-8 high-performance diesel engine.
- The Graflight V-8 is a 320-420 horsepower engine, a "clean sheet design" incorporating innovations for enhanced efficiency and reliability.
- EPS plans to begin flight testing the conforming engine and will initially seek Supplemental Type Certification for platforms such as the Airvan GA8 and Cessna 206, with hopes to offer it to OEMs for new airplanes.
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