hybrid-propulsion
(2)
ePropelled
ePropelled is a New Hampshire-based engineering company that designs intelligent electric motors, motor controllers, starter generators and power-management systems for uncrewed vehicles across air, land and sea. Built on patented magnetics technology - including its Dynamic Torque Switching (eDTS) architecture that reconfigures motor windings on the fly to boost efficiency - the company supplies drone and UAV manufacturers, defense programs and industrial customers with lightweight, high-efficiency propulsion. Founded in 2018 by serial entrepreneur Nick Grewal, ePropelled raised a $15M Series A in 2021 and has grown to roughly 110 employees with operations in the US, UK and India.
Nick Grewal
Nick Grewal is the founder, chairman and CEO of ePropelled, a Laconia, New Hampshire company building smart-propulsion and energy-management systems for drones, marine craft, and light electric vehicles. He founded ePropelled in 2018 after selling his previous startup Nashoba Networks to Cisco Systems for roughly $100 million in 1996 and spending two decades as an angel investor in more than 40 high-tech companies. He was inducted into the 2025 Boston Smart Business Dealmakers Hall of Fame.