Goleta, CA – According to filings with the U.S. Securities and Exchange Commission, Launchpoint Electric Propulsion Solutions is raising $2,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Rob Reali played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Launchpoint Electric Propulsion Solutions

LaunchPoint Electric Propulsion Solutions, Inc. (LaunchPoint) designs and manufactures high specific power electric machines and controller solutions for the aerospace and defense, thermal management, power generation, and Advanced Air Mobility markets. With over a decade of experience in the custom design and engineering of electric machines and hybrid-electric power systems, our team is recognized as world experts in electric propulsion technology. Our extended flight solutions are scalable and serve air and ground platforms. Our products power drones in the 1. 5 kW to 40 kW range and air mobility for passenger and cargo applications in the 40 kW to 250 kW range. Our customers are global Fortune 500 companies, aerospace and defense, automotive and air vehicle integrators. LaunchPoint has the capabilities and expertise that you need to get your project off the ground!

To learn more about Launchpoint Electric Propulsion Solutions, visit https://launchpointeps.com/

Contact:
Rob Reali, Chief Executive Officer
805-683-9659
https://www.linkedin.com/in/robert-reali/

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