ePropelled Receives $60 Million U.S. Funding to Boost Drone Propulsion Manufacturing in New Hampshire
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- Dronelife.com
U.S. drone propulsion manufacturer ePropelled has announced a significant expansion of its manufacturing operations in New Hampshire, backed by $60 million in U.S. government funding. This initiative will increase the company's production space from 20,000 square feet to 80,000 square feet in Laconia, enhancing propulsion system production capacity by over four times.
The funding, provided through the Department of War’s Industrial Base Analysis and Sustainment program, aims to strengthen the U.S. industrial base and domestic production of critical technologies. ePropelled's expansion will enable the company to meet rising demand from government programs, allied nations, and commercial drone manufacturers, reflecting a growing focus on the components within drones.
The new facility will introduce automated production lines and additional engineering resources, creating jobs in New Hampshire. ePropelled's CEO, Nick Grewal, emphasized the importance of this investment for both the company and the U.S. advanced manufacturing sector, as it aims to deliver reliable propulsion systems while supporting the government's domestic manufacturing objectives. No further timeline was disclosed at the time of publication.
Original report
ePropelled Secures $60 Million in U.S. Government Funding to Expand Drone Propulsion Manufacturing
Dronelife.com · Miriam McNabbThis briefing is an independently written summary based on publicly available reporting and is provided for industry information and news discovery. The original report and source publication are credited and linked where applicable. RobotToday does not claim ownership of third-party source material.
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