As Eptechnologies celebrates its 10th anniversary, it marks a decade of innovation, growth and a transformation in the marine industry.EPT is pioneering the serial production of large electric and hybrid systems, 10 years ago, there was minimal interest in this type of technology.

EPTs history in m²

EPT was founded by Kasper Falkenberg and started its journey in a modest 35 m² workshop in the small village of Broager, Denmark. Three years later, the company relocated to a basement in Hamburg before expanding to a 100 m² facility in 2017. By 2019, EPT had outgrown its premises and moved to a larger space spanning 260 m² and co-owner Marco Ottiker joined.

The growth continued, and in 2021, EPT purchased a property in Reinbek, Hamburg, where its German branch is located today with 900 m². However, space proved insufficient, prompting the decision to rent an additional location in Denmark, offering 350 m² of workspace. In December 2023, EPT acquired another building in Sønderborg, Denmark, with 1,500 m² area, which as of today has already reached capacity.

Just four years ago, EPT employed only three people. Today the team has grown to around 50 and continues to expand steadily.

EPT operates independently without any external investors backing its endeavors. The company’s success is solely attributed to its internal resources and innovation.

The company generates an annual turnover of approximately 20 million Euros, maintaining a positive cash flow consistently over the past five years. 

Opening of new premises in Denmark

EPTechnologies proudly just opened its new 1500 m² facility in Denmark. This complex will focus on developing and manufacturing the electric sail drives, drop-in units for power boats and it has 3 assembly lines for EPTs battery production. With an advanced test lab and collaborative spaces, the facility will stimulate innovation and growth to drive progress and new ideas in the maritime industry.

The day was celebrated with a large gathering of employees, suppliers, and customers, attended by the city’s mayor who delivered an inspiring speech. Project Zero, a public/private partnership focused on sustainable growth, unveiled their action plan for cost-effective decarbonization, emphasizing the significant role companies like EPT play in the initiative. Owner and founder Kasper Falkenberg, alongside co-owner Marco Ottiker, were acknowledged for their contributions, showcasing EPT’s commitment to the global stage. 

Setting sail with innovation

Over the past decade, EPTs’ electric and hybrid propulsion systems have powered numerous vessels, from small pleasure boats, power and sailboats, to large commercial ships, demonstrating their reliability and performance in real-world applications. The fleet is accumulating thousands of Nm each month providing EPT with a wealth of experience, know-how and data.

By leveraging the latest advancements in electric motors, batteries, and control systems, EPT has redefined the standards of performance, reliability, and sustainability in marine propulsion.