The Enginuity Power Systems offering is now closed and is no longer accepting investments.

Enginuity Power Systems

Simply Efficient

Enginuity Power Systems

Simply Efficient

Alexandria, VA
Technology
Enginuity’s E|ONE micro-CHP system is one of the first new appliances in a generation, efficiently delivering electricity, hot water and heat to your home on demand. Enginuity’s E|ONE helps consumers save money while living their lives comfortably, both on and off the grid.

$1,147,344

raised
340
Investors
$91.8M
Valuation
$38.66
Price per Share
$579.90
Min. Investment
Common
Shares Offered
Equity
Offering Type
$3M
Offering Max
0
Days Left

$1,147,344

raised
340
Investors
$91.8M
Valuation
$38.66
Price per Share
$579.90
Min. Investment
Common
Shares Offered
Equity
Offering Type
$3M
Offering Max
0
Days Left
This offering ended on November 01, 2021 and is no longer accepting investments.

Reasons to Invest

Enginuity’s award-winning combined heat and power technology is protected by 30 filed and pending patents, and our prototypes are approaching commercialization.
Because E|ONE is designed for easy integration, our initial market consists of the 80 million homes in the US currently using natural gas and propane, plus the 600,000 new natural gas homes being constructed annually.
Our team of business leaders, experienced entrepreneurs and engineers are committed to using the E|ONE’s green design to lower carbon emissions and build a more efficient and cost effective energy system.

  

Simply Efficient Heat and Power

Enginuity is the leading innovator in highly efficient Combined Heat and Power Systems (CHPs). Enginuity’s E|ONE will enable consumers to live comfortably on or off the grid, while saving money.


Powered by Enginuity’s proprietary power generation technology, Enginuity’s E|ONE  micro-CHP system is an efficient generator delivering electricity, hot water and heat on demand. The entire system fits within the footprint of a standard water heater, and yet produces enough power to satisfy the electrical power requirements of a home. 


In an emergency, E|One can seamlessly act as a backup generator during power failures, keeping your home powered when the grid goes down. E|ONE easily integrates with solar panels, batteries and EV charging systems for an ultra-clean environmental footprint. 


The Problem


An Inefficient Power Grid with Few Alternatives

Fossil fuel power plants expend 65% of their power in waste heat, plus an additional 5% in transmission and distribution. This waste adds up  to 1 Gigaton of CO2 emissions and $180 billion in unnecessary costs to homeowners.  We believe the solution is Distributed Energy, where power is made right where it is needed, and the heat is used productively instead of just being wasted into the air.

Meanwhile, traditional backup electricity generators are noisy, expensive and difficult to install. Until now, no one has stepped up to provide consumers with a cost effective, efficient, and reliable in-home electricity generating appliance.

The Solution


Enginuity’s Ultra-Efficient E|ONE Combined Heat and Power Systems

To solve the problem of grid inefficiency, Enginuity created the E|ONE, an All-In-One appliance that functions as a home furnace, water heater, electrical provider and back-up generator, and fits within the footprint of a conventional water heater. 


“Images used in this video are in the prototype phase. Enginuity’s E|ONE device is not currently available commercially.”

Enginuity designed the E|ONE so it can utilize, supply or transact power with the grid, and it can also operate completely off-grid for maximum reliability.

The Market


A Growing National Market

Enginuity’s initial target market is made up  of the 80 million homes that use natural gas and propane in the US. 35 million of these homes are in states which we believe are ideal for E|ONE utilization due to their favorable economics and state incentives. 


Every 5 years, homeowners can be expected to replace a water heater or furnace or buy a back-up generator. This is expected to generate 7 million annual sales opportunities for E|ONE, and capturing 5% of those would equate to 350,000 homes per year.  In addition, there are 600,000 new natural gas homes built annually in the US and capturing 10% of this market would equate to 60,000 homes per year.  

Altogether, we predict that our US annual potential market is around 410,000 units per year, or potentially more than $4 billion per year in revenue from these units alone. There are also additional potential revenue streams from value added services, such as financing, electricity transaction fees, and predictive maintenance that drives revenues from ancillary services.

Our Traction


Award-Winning, Revolutionary Technology Ready to Implement

We have already built multiple successful prototypes of our engines and of our E|ONE unit. Our groundbreaking technology is protected by 15 issued and 15 pending patents, covering our opposed piston technology, combined heat and power, and portable generation.  A derivative of our technology, a hybrid generator-set, is pending a DoD award of a DoD contract.

In 2020, Enginuity won the “Best Home Technology Product,” “Best Energy Efficiency Product,” and “Best In Show” awards at the NAHB Builder’s show.


Currently, Enginuity has received two contracts from the U.S. Government, and, in addition, has a pipeline of approximately $12 million in U.S. government and other organizations grant applications to fund R&D.

What We Do


A New Generation of Ultra High Efficiency Engines

We believe Enginuity’s family of high-performance engines represent the world’s first production-ready 4-stroke inwardly-opposed piston engine. These engines possess a unique set of operational characteristics which make them well suited for residential Distributed Energy and hybrid power generation.

The E|ONE patented generator uses less fuel because of our patented liquid cooling solution, and it is compact and lightweight due to its lean architecture. The E|ONE’s low emissions already meet CARB limits for particulates, and the system is quiet and nearly vibration-free due to its unique “mirror balanced” design. 

 

With this revolutionary technology, we plan to change the way we power our homes across the nation.


“Images used in this video are in the prototype phase. Enginuity’s E|ONE device is not currently available commercially.”

The Business Model


B2B Distribution of Our CHP Systems

Enginuity’s operational plan is to bring our revolutionary engine technology to the market by leveraging existing installers, wholesale distributors, and other B2B channels.


The average E|ONE delivered value is  $12,500, excluding installation. The average price paid to Enginuity amounts to  $8,750 per unit. This puts our projected gross margin at 25% if we use contract manufacturing and 50+% if we build our own manufacturing facilities.  

There are additional potential revenue streams from value added services, such as financing, grid integration and predictive maintenance.

How We Are Different


A Compact Energy Solution for the Average Home

While our competitors use retrofitted transportation engines ill-suited for home use, or customized engineered solutions that are expensive to implement, our appliance-like solution is designed specifically for installation in already-existing homes across the US with the following benefits:

The Vision


Powering Homes and Businesses Across America and building a SmartGrid

We want to be a widespread solution for American homes, revolutionizing power and heating systems nationwide. We plan to scale towards an E|TWO product that can power small businesses and larger buildings. 


As the world moves towards more solar and wind power, we believe natural gas powered generation and storage will become essential elements of building the next generation smart electricity grid and the E|ONE system will play a critical part in this smart grid evolution while simultaneously providing cost savings, added reliability and sustainability benefits to consumers. 

OUR LEADERSHIP


Experienced Entrepreneurs with a Vision for Cleaner Energy

Our committed team consists of former business owners, entrepreneurs, innovators and cleantech executive professionals with the skill set to help Enginuity transition to larger production commercial scale.


At the same time, our advisory board provides an impressive ecosystem of expertise to support Enginuity management team. 

Why Invest


Cutting-Edge Technology, Huge Market, and Strong Values

We have created competitive, patent-protected technologies that solve grid inefficiencies. 


We are capital efficient, with a strong partnership-based commercialization plan, and we are ready to revolutionize the potentially $100 billion US home heat and power market. 


Our proven management team and advisory board are supported by a network of experts, and we are dedicated to using our green technologies to reduce C02 emissions. 


Join us as we revolutionize how we power homes across America. 

Quick Insert

In the Press

The E-ONE: a new high for engine micro-CHP?

The advantage of a fuel cell over an engine micro-CHP is the increased electrical conversion efficiency. This matters as electricity is worth more than heat unit for unit. However, that gap between an engine and fuel cell.

Offering Summary


Company

:

Enginuity Power Systems, Inc.

Corporate Address

:

730 S Washington Street, Alexandria, VA 22314

Offering Minimum

:

$9,974.28

Offering Maximum

:

$2,999,977.34 

Minimum Investment Amount

(per investor)

:

$579.90











Terms


Offering Type

:

Equity

Security Name

:

Class B non-voting stock

Minimum Number of Shares Offered

:

258

Maximum Number of Shares Offered

:

27,677

Price per Share

:

$38.66

Pre-Money Valuation

:

$91,849,162.54











*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Time-Based Perks*

Friends and Family Early Birds

Invest within the first 48 hours and receive an additional 20% bonus shares.


Super Early Bird Bonus

Invest within the first week and receive an additional 15% bonus shares.


Early Bird Bonus

Invest within the first two weeks and receive an additional 10% bonus shares.


Amount-Based*

$1,000+ Tier:

Free Enginuity shirt.


$2,500+ Tier:

All perks from $1,000 tier + Priority order list. +3% bonus shares


$5,000+ Tier:

All perks from $2,500 tier + Free installation on first E-ONE units available to the public (Maximum 2 units) +5% bonus shares

$10,000+ Tier: 

All perks from $5,000 tier (Maximum 2 units) + Upgrade to Top Priority order list + 20% discount ) + 7% Bonus Shares


$20,000+ Tier: 

All perks from $10,000 tier (Maximum 2 units) + 30-minute call with the founders/executives with presentation and Q&A + 10% Bonus Shares


*All perks occur when the offering is completed.


The Company will not incur any irregular use of proceeds.


Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$8,158,686.00 USD
$2,268,198.00 USD
Cash And Cash Equivalents
$1,558,124.00 USD
$1,877,070.00 USD
Accounts Receivable
$723,406.00 USD
$0.00 USD
Short Term Debt
$12,781,435.00 USD
$13,531.00 USD
Long Term Debt
$1,517,683.00 USD
$7,080,600.00 USD
Revenues And Sales
$5,625,363.00 USD
$0.00 USD
Costs Of Goods Sold
$4,073,010.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$2,214,501.00 USD
-$1,808,532.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

FINAL REMINDER

8 months ago

As we are about to close this round, we look forward to seeing you at upcoming trade shows!



BOO! Don't let the capital raise close without YOU!

8 months ago

There’s so little time left to join our Investor Family – but you can still do it! 

Treat yourself to some shares of Enginuity Power Systems.


INTRODUCING THE E|TWO

8 months ago

Enginuity is currently promoting our upcoming E|ONE product, powered by our unique, highly efficient, proprietary engine, for usage in the ranges of 6 to 9 kWh, primarily for residential homeowners.   In the upcoming winter 2022 trade show season, we plan to introduce our follow-up product, E|TWO, which will cover the 17 to 30 kWh range, and will be targeted for larger homes as well as for light commercial and industrial applications.    Target markets include quick service restaurants, residences and hotels with pools, spas, swim centers, car washes, green houses, among many others.  Stay tune for more news throughout the trade show season and beyond!

Don’t Be Frightened By the Halloween Closing Date; Join Our Investor Family Today!

8 months ago

Not to scare you or anything, but we’re on-the-clock for counting down to the offer closing date of October 31, 2021. 

Don’t be afraid to join our investor family – have confidence in how we are leading an energy-use evolution here in the United States. One that is ultra-efficient and offers a drastically reduced negative impact on our environment.

Right now is the perfect time for you to make your best decision of the day (if not the week, month and year!). You are here at our StartEngine investment page reading this update, just scroll up to the top and hit ‘Invest Now’. Questions? We have answers. Share them with us in the comments section.




 

Over $1+ million in Committed Investments

8 months ago

Join our investor family today, the raise closes on 10.31. 

Make your house the smartest home in the neighborhood. #SmartHome 



Hybrid Generator Set : Another great product platform for Enginuity

8 months ago

Enginuity recently announced the launch of its RIHGS (Ruggedized Intelligent Hybrid Generator Set) program with the US Army.  While the Department of Defense alone is a great potential market for Enginuity,  a commercial version of these 2 to 5 kW follow-the-load (FTL) units will be ideal for the Hybrid Power Solution market, which was estimated to reach $690 million in 2021, according to Markets and Markets.  Hybrid power solutions, combining a generator with a battery which can also be fed with renewable power,  are ideally suited for off grid or bad grid areas, isolated grids and islands where power supply through grid is not economical and viable option.   Follow Enginuity for more updates on our progress in this promising market space.

Enginuity and Carbon Emissions

8 months ago

Enginuity's is committed to the energy transition and to provide consumers and buyers with cost-effective systems that lower carbon emissions for an eventual net-zero future tomorrow.   Our award winning micro-combined heat and power (mCHP) systems (E|ONE is our first offering), and our hybrid generator set systems (RIHGS, see recent press release) are powered by an innovative, proprietary highly efficient, low emissions energy device.   

Combined Heat and Power systems have been supported by the US Environmental Protection Agency (EPA) for a very long time, because they can provide energy efficiency levels of up to 90% versus 36% for grid based power.  Using our E|ONE system extensively has been modeled internally to reduce residential carbon footprint by up to 50% in much of the U.S.  Energy Efficiency is the #1 option to reduce carbon emissions in the short-term.  

While the grid is certainly getting cleaner over time, Enginuity is committed to reduce the carbon footprint of our systems as well.  We plan to expand the range of fuels our systems can run on to include low carbon fuels such as hydrogen as soon as practically and economically feasible.  In 2022, we will test and validate our E|ONE unit on a blend of natural gas and hydrogen, as part as our strategy to reduce carbon emissions.


Only 5 Days until Closing!

8 months ago

If you have been waiting until there are five (5) days left to the closing date before joining our investor family, then today’s your day! 

Enginuity Wins Sustainable Solutions Award at The 2022 AHR Expo

8 months ago

We are very proud to share the news that our E|ONE has been selected as the winner of the Sustainable Solutions Category of the 2022 AHR Expo Innovation Awards Competition!   The long-established AHR Expo is co-sponsored by the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) and the Air Conditioning, Heating, and Refrigeration Institute (AHRI).

If you will be attending the upcoming AHR show in Las Vegas, please stop by to see us at N7435….we’ll have a live and running E|ONE with us on-site.

Join our investor family soon, it closes on 10.31.21!


E|ONE Supports Solar

8 months ago

Enginuity aims to produce a widespread solution for American homes, revolutionizing power and heating systems nationwide.   Our E|ONE System is designed to be compatible with widespread residential battery and solar panel specifications, and is therefore an ideal complement to solar energy.  We plan to scale towards an E|TWO product that can power small businesses and larger homes and buildings. 

As the world moves towards more solar and wind power, we believe natural gas powered back-up generation and storage will become essential elements of building the next generation smart electricity grid and Enginuity is designing this E|ONE system to play a critical part in this smart grid evolution while simultaneously providing cost savings, added reliability and sustainability benefits to consumers.


 

E|ONE = FEWER POWER PLANTS

8 months ago

Today In the northern latitudes and in colder climates,  heat energy consumption can exceed electrical energy consumption by a factor of 6.   To convert all heating systems to all-electric systems would therefore require an enormous expansion of the US generation capacity.  However, installing E|ONE units would enable efficient hybrid thermal-electric unit to produce this power efficiently and on-site.  Having one million E|ONE units installed equates to 6 GW of capacity, equating to 6 large scale thermal plants or 1,200 square miles of wind farms. E|ONE can be a critical transition technology to enable smart electrification, and reducing carbon.

 

The E|ONE is NOT the Only Enginuity Product!

8 months ago

An investment in Enginuity is not just an investment in American ingenuity as it relates to the E|ONE micro-Combined Heat and Power system for the home.

We also have a commercial-grade E|TWO in development, as well as, the ultra-efficient engine that can be used as a generator – scalable to any size and purpose.  

In addition, the RIHGS (Ruggedized Intelligent Hybrid Generator Set) has already earned a contract with the Department of Defense and the United States Army - and has a large market potential.

Don’t forget that Enginuity is a 100% Made in the USA company – join our investor family today!

 If you have questions, please don’t hesitate to post a comment on this site.


Only 10 Days Left Until Closing!

8 months ago

If you have been waiting until there are ten (10) days left to the closing date before joining our investor family, then today’s your day!


Moving toward net zero carbon

8 months ago

Enginuity Power Systems is committed to the low-carbon energy transition and to a net zero future.  In the short-term, our units are designed to reduce emissions substantially by drastically improving energy efficiency, especially in colder climates.  Because the US grid is still "dirty" & inefficient, producing cleaner power by reusing waste heat on-site is a "slam dunk" way to reduce emissions in the short-term.  In the medium-term, Enginuity plans to test and validate our systems to run on multiple low and zero carbon fuels, such as renewable hydrogen - to drive carbon emissions close to zero.  We believe that using ell-electric technologies in northern latitudes, where heat energy demand can exceed electrical energy demand by more than 5X, will not be an effective decarbonization pathway - because it would require hundreds of new power plants and thousands of miles of transmission lines to be built, and because unlike the desert Southwest, solar irradiation is unpredictable.  Enginuity strives to provide true environmental solutions.

The Positive Environmental Impacts of the E|ONE Will Be For Real

8 months ago

The E|ONE isn’t just a dream project that is on a cocktail napkin, a sketch pad or even in cad software…it’s REAL; and we're working to make the positive environmental impacts be felt on a large scale. 

The E|ONE has been going through rigorous testing by third parties and the results include benchmark successes such as meeting EPA and CARB emission limits, and show energy efficiency targets well on track to hit our commercial specifications.

Join the Enginuity Investor Family that will be part of bringing the E|ONE to-market; it closes at the end of this month!

 

THANK YOU, Investor Family? We'd like to Hear Your Insights and Feedback

8 months ago

For us, we have been developing the E|ONE for several years, with the full confidence of how it is going to one day deliver positive results for creating efficient and environmentally friendly energy here in the United States. 

Today, we’d like to here from YOU, Investor Family!

What made YOU decide to commit to supporting American ingenuity and investing with us? Please share in the comments section!


Key New Patent Granted to Enginuity

8 months ago

Our 4-stroke opposed piston engine design has a proprietary AND patented spark plug design; this patent has been granted and is filed as United States Patent number US 11,085,413 B2.

This innovation enables a very smooth combustion, leading to cleaner burning and negligible particulate emissions.

Only 15 Days Left to Closing!

8 months ago

If you have been waiting until there are fifteen (15) days left to the closing date before joining our investor family, then today’s your day!

 

There are Rewards and Perks with Your Investment

8 months ago

As if the shares you get aren’t enough, we are also offering a selection of rewards and perks; based on your investment level. 

Which box will YOU light up to be green today?

Speaking of green, the E|ONE is environmentally friendly.


Patents? Enginuity has Patents!

9 months ago

The design of our 4-stroke opposed piston engine is so revolutionary that there are thirty (30) issued and pending patents: 

  • Nineteen (19) for the opposed piston technology, 
  • Ten (10) for the combined heat and power system, and, 
  • One (1) for the portable power generation.

Learn more about these and other products at our website: www.enginuitypowersystems.com

If you have questions before deciding to join our investor family, please ask a question in the comments section and we'll respond quickly!



The Enginuity StartEngine campaign is closing soon!

9 months ago

As we approach the closing date on the capital raise through StartEngine, we are very excited to share that there is still time for you to learn about Enginuity and join us as we bring the ONE to-market! 

As a revolutionary new 'smart home' appliance, the E |ONE works to upgrade your home's comfort while reducing costs. You can make your house the smartest home in the neighborhood.

The ONE is just the beginning since we have other products in the pipeline that include the commercial-grade E | TWO as well as the RIHGS - an advanced Ruggedized Hybrid Generator Set derivative of the E | ONE that recently received a contract from the Department of Defense for the United States Army. 



How Much Does the E|ONE Cost?

9 months ago

Prior to joining our Investor Family, people asked important questions. Those questions have answers! Today, we’re featuring this information to help you decide to join our family of investors today!   You can find below the projected E|ONE costs and margins (of interest to investors).  

Don't hesitate to ask us any questions in the comments section of our campaign page!


E|ONE will become part of your family

9 months ago

You’ll love the E|ONE so much that you will consider it to be one of the family!

By making your house the smartest home in the neighborhood, you’ll feel good about the cost savings for powering your home as well as the reduced impact on the environment.

Join our StartEngine Investor Family!


Enginuity Power Systems’ E|ONE is 100% Made in the USA

9 months ago

The entire operation of Enginuity Power Systems is here in the United States – based outside of Washington, DC in Alexandria, VA. Last March, to support the manufacturing research and development, we acquired Michigan-based and world-renown engine builder Katech Inc. as part of a strategy to speed the commercialization of its innovative micro-Combined Heat and Power (mCHP) product, the E|ONE.

The E|ONE replaces the standard water heater with a fully integrated system that provides a home with all electric power and space and water heating requirements – transforming it into an ultra-energy-efficient ‘smart home’.  The E|ONE was awarded ‘Best in Show’, ‘Best Home Technology Product’ and ‘Best Energy Efficient Product’ at the 2020 International Builders Show in Las Vegas.

At the heart of E|ONE is a small internal combustion engine that runs quietly and efficiently on multiple fuels.  Katech Engineering has been working on the latest generation of the engine, and on the mCHP assembly, which are critical steps toward commercialization.

“We believe Katech’s world-class engine design and test capabilities, along with its on-site high-performance engine and parts manufacturing resources, will significantly shorten the E|ONE’s time-to-market,” said Jacques Beaudry-Losique, President of Enginuity Power Systems.  “Our truly innovative engine is in the right hands at the right time.” 

Katech will continue to operate its established businesses, which includes motorsports, vehicle aftermarket, and corporate accounts, and this will allow Enginuity to tap new opportunities in the transportation sector.

Katech recently signed a contract to supply several thousand US made temperature-scan stands to a firm providing scanners to hospitals, hotels, government agencies and universities to support the COVID-19 pandemic effort. It also recently expanded its presence in the alternative fuel and marine engine markets.  Katech is currently launching an LPG offering and also exploring the high performance electrical vehicle (EV) market with a potential partner.

Support United States innovation and join our investor family!

Enginuity Power Systems Receives $3.67 Million Department of Defense Contract

9 months ago

Today we have solidified, with the receipt of funds, the $3.67 million contract with the Department of Defense and the United States Army to build two hybrid genset prototypes for a variety of operational needs.  These 2-5 kW follow-the-load Ruggedized Intelligent Hybrid Generator Set (RIHGS) will incorporate Enginuity’s proprietary 4-stroke “mirror balanced” opposed piston engine technology, which provides high efficiency, low emissions, and strong durability.  The goal is to replace a portion of the Army’s aging fleet of traditional generators with a next generation innovation that will serve the Department of Defense (DoD) well into the future.     

“This DoD-Army contract is a key milestone in Enginuity’s commercialization drive and will expedite the development of not only our ruggedized hybrid genset technology but also our upcoming E|ONE commercial unit.” says Jacques Beaudry-Losique, President of Enginuity Power Systems.

We have leveraged $11 million in prior investment over the past 6 years to develop a potent power device that is also the building block of the upcoming E|ONE hybrid thermal electric appliance for home and small business owners. 

We are very proud to be partnering with West Virginia University who will be fulfilling a key role in design and testing.

Join our investor family today!

 

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Enginuity Presents at the Energy Solution Center's Technology and Market Assessment Forum

9 months ago

We are very proud to announce that our Founder and Inventor, James Warren, has been asked to present at the Energy Solution Center’s Technology and Market Assessment Forum! He is scheduled for October 5th at 1:45pm EST.

Technology & Market Assessment Forums (TMAF) are the most highly prized deliverable of the Center, serving as the primary training and education event for gas utility marketing, sales and customer support representatives from throughout North America. The 2 1/2 day Forum, held 3 times each year, provides participants with actionable information and strategies in the areas of new gas solutions; marketing, sales and customer outreach; and conservation/efficiency. The choice of speakers and topics ensures that each attendee returns to their company with new and innovative approaches to bringing energy-efficient natural gas solutions to residential, commercial, and industrial customers. Attendees will earn Professional Development Hours (PDHs) for attending.

We are very proud to have this opportunity to share all the exciting developments and applications of micro CHP products such as our upcoming E|ONE all-in-one appliance; join our Investor Family today!

 

Enginuity raises its target offering to $3 million

9 months ago

Due to the success of its initial StartEngine campaign, and to the completion of its financial audit, Enginuity has decided to increase the maximum offering amount to $3 million, and to move the close date to October 31st.   Thanks to all the supporters of our capital raise!


Notice of Material Change in Offering

9 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Enginuity Power Systems offering. Here's an excerpt describing the specifics of the change:


Issuer added audited financials, increased the offering max, and changed their campaign end date to an earlier date.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Investor Place features Enginuity Power Systems

9 months ago

Investor Place featured us in a ‘Q & A’ article about our company and the E|ONE.

Take a read and join our Investor Family today!

Q&A: Enginuity Is Focused on the Future of Efficient Energy

https://investorplace.com/2021/09/enginuity-focused-future-of-efficient-energy/


You are invited to come see a Live Demo of E|ONE

9 months ago

We are very excited to get back to meeting people in-person and talking more about the E|ONE – the difference now is that we will have a fully functioning unit on-site with us at these events!

Join our investor family here at StartEngine and stop by to see us:

  • AHR Expo, Las Vegas, January 31-February 2, 2022 – Booth N7435
  • International Builders’ Show, Orlando, FL, February 8-10, 2022 – Booth S842
  • CMPX, Toronto, Canada, March 23-25, 2022 – Booth 424

Learn more about us and the E|ONE: www.EnginuityPowerSystems.com 

Notice of Funds Disbursement

10 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Enginuity Power Systems has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Enginuity Power Systems be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

E|ONE and BEING GREEN

10 months ago

We had a great idea – and it was based in being ‘GREEN’. We are very proud to be making global energy-use greener for ourselves and future generations!

The E|ONE so efficiently converts our natural resources into energy, and with drastically fewer emissions, that our micro-Combined Heat and Power system has been recognized and awarded as supporting a #smarthome as #greentechnology. The E|ONE is perfect for a new build integration or can easily retrofit into a current home.

 

Learn more about it here: https://enginuitypowersystems.com/products/home-m-chp/

 

Join our investor family here at StartEngine today!


Enginuity supports EPA climate goals

10 months ago

Enginuity Power Systems is a proud member of the Environmental Protection Agency’s (EPA) Combined Heat and Power Partnership (CHP) program. This year, the EPA is celebrating the 30th anniversary of the launch of its first climate partnership program, Green Lights.  The CHP partnership program, launched in 2001, is part of the EPA climate partnership programs.

The E|ONE is our proud contribution to creating a greener energy future by maximizing the efficient use of our natural resources and drastically reducing emissions in order to support the world's ambitious decarbonization goals.

Learn more about the EPA’s Combined Heat and Power Program here: https://www.epa.gov/chp/chp-partnership-partners

Join our investor family as we bring the E|ONE to market! www.startengine.com/enginuity 

 

Correction to our August 18th 2021 post

10 months ago

PERC stands for “Propane Education & Research Council", not "Propane Energy Research Council".

Enginuity Power Systems, Inc. hit $775,000 in funds raised on StartEngine

10 months ago

Enginuity Announces $654,850 Contract Signed By Propane Energy Research Council

10 months ago

Enginuity is pleased to announce that its wholly owned Katech Engineering subsidiary has been selected to lead a $785,820 project by the Propane Energy Research Council (PERC), to develop, design and test direct Liquid Propane Gas (LPG) injection fuel systems for medium-duty commercial trucks and a multitude of potential light-duty applications. According to Enginuity’s Executive Vice-President of Operations Vince Meyers, “This opportunity will open a very large new market to Enginuity’s Katech subsidiary and will also enable us to accelerate Enginuity’s E|ONE mCHP commercialization program.” Katech will contribute 20% of the value of the contract and will receive a net amount up to $654,850. This LPG injection system will also directly contribute to the accelerated commercialization of Enginuity’s propane-based mCHP products, including its upcoming E|ONE product. This 6,600-cc engine platform can produce 250 kW of electricity in a standby electric generation configuration, and the direct fuel injection technology will be applicable in the 5 kW – 250 kW range. This new technology will enable Katech to target the 180,000 medium-duty engine vehicle market, a $1.4 – 1.8 billion market. Specifically, the new option will provide medium-duty fleets with a far more cost-efficient alternative to traditional “diesel-to-LPG” engine conversions. This 250-kW system will also be ideal for the agricultural greenhouse mCHP market, as well as countless small commercial & industrial mCHP and standby generation applications. Enginuity is also pleased to deepen its partnership with PERC, where both parties work to bring about clean, cost-efficient solutions to American consumers and businesses.


The Electrical Power Grid is Unreliable - E|ONE can solve this problem

10 months ago

As the recent Midwest outages have proven yet again, the electrical grid here in the United States is unreliable. Clean Distributed Power, as delivered by Enginuity’s E|ONE, is essential…’Be Your Own Utility.’

Article:  https://www.clickondetroit.com/news/michigan/2021/08/12/nearly-a-million-michigan-households-lose-power-why-does-this-keep-happening/



Phil Zoldak joins Enginuity as a Senior Director of Research & Development

11 months ago

Phil Zoldak recently joined Enginuity as a Senior Director of Research & Development to lead the engineering team effort in delivering E|ONE and executing the product development roadmap.  Phil has over 21 years of experience and a proven track record of developing novel engine and thermodynamic technologies and leading large multi-disciplinary project teams consisting of both industry, government and academic associates. The author of over 30 publications and holder of 4 patents with several pending, he is a welcome addition to the Enginuity Power Systems team.

More details: https://enginuitypowersystems.com/phil-zoldak-joins-enginuitys-engineering-team/?fbclid=IwAR1LTn9ngr4c47tTh5YEo5BCvA_t7EiKIjyoHQ1iKpCQUt26sOHDPnPuFlg

We are celebrating over $400K committed investments!

11 months ago


Since launching on Monday afternoon, we are very excited to see so much interest and understanding for the E|ONE! $400K+ committed investment is a fast start - we cannot wait to start seeing the positive results of the E|ONE’s in-home installation for lowering utility bills, reducing the consumption of our natural resources and drastically supporting the environment with fewer emissions. 

 

Welcome to the Enginuity family, investors and potential investors! 

 

Be sure to stay in touch with us here, don’t hesitate to reach out with any questions, and be on the lookout for our next update.

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