Achates Power, San Diego, Calif., has announced the appointment of David Crompton as president and CEO. Crompton joins Achates Power after 28 years at Cummins, where he served as president of both the Engine Business and Power Systems business.
Achates Power was founded in 2004 with the mission to build cleaner, more efficient engines and has developed opposed-piston engine technology, the company said. Additionally, the Achates Power board and investors have committed additional funding for the company to hasten the implementation of the opposed-piston engine in the marketplace.
“This is a critical time for the powertrain industry, as companies in all applications are faced with increasing the sustainability of their solutions while diversifying powertrain technologies,” said John Wall, (also ex-Cummins) chairman of the board, Achates Power. “The board and investors have full confidence in the work that the Achates Power team is doing and the ability for Dave Crompton to help bring to market an ultra-clean, ultra-efficient, low-cost internal combustion engine.”
The company said that 2018 saw continued growth with the successful demonstration of the 2.7L light-duty demonstration vehicle; continued development of the opposed-piston gasoline compression ignition engine; funding from California Air Resources Board for a heavy-duty OP engine demonstration program; further development of the Advanced Combat Engine for the US Army with Cummins; the commercialization of OP engine technology in the Fairbanks Morse OP Trident engine; and awards from the US Department of Energy’s ARPA-E for additional development work on the OP Engine and OP GCI.
Achates Power is backed by the Oil and Gas Climate Initiative, Climate Investments; Sequoia Capital Partners; RockPort Capital Partners; Madrone Capital Partners; InterWest Partners; and, Triangle Peak Partners.