News Summary

ePropelled, a leader in advanced propulsion technology for unmanned vehicles, has opened its expanded manufacturing facility in Laconia, New Hampshire. The facility’s expansion from 12,000 to 24,000 square feet marks a significant increase in production capacity, with plans to produce over 300,000 motors annually by next year. This growth aligns with a new executive order by President Trump to prioritize U.S.-made drone components, reducing reliance on Chinese suppliers. CEO Nick Grewal announced plans to create 350 jobs, with the potential for further expansion. The global market for unmanned vehicle propulsion systems is expected to exceed $100 billion by 2030, positioning ePropelled to play a major role in this growth.