ePower Technology is an R&D company, with a foundation of proprietary patented electrical motor technology, who develop, produce, and sell their patented electrical motor technology to B2B industrial partners. All production of the patented electrical motor technology is outsourced to strategic production partners in DK.

The company is the successor of AWS Technology, who had 8 engineers working on the first ETFM platform since 2003 in close cooperation with Aalborg University, and raised more than 4 mill EUR for developing the ETFM technology into the first product launch on the market in 2007, the Synergy Indoor Bike.