Company profile: Achates Power
1.1 - Company Overview
Company description
- Provider of combustion engine development specializing in clean diesel and 2‑stroke oil control management. Offers opposed‑piston engines that reduce CO2/emissions and improve fuel efficiency; engines for military, passenger, and medium/heavy‑duty commercial vehicles meeting 2027 EPA CO2 and 90% NOx targets; plus engineering services and technology licensing of designs, tools, control software, and patents.
Products and services
- Medium & Heavy Duty Commercial Vehicle Engines: Achates Power produces a 2027 EPA CO2-level-targeted engine line for commercial vehicles, engineered to cut NOx 90% while meeting CO2 thresholds for medium and heavy-duty applications
- Opposed-Piston Engine: Achates Power engineers an emissions-reduction-focused opposed-piston engine for diverse applications, designed to lower CO2 and other emissions while improving fuel efficiency
- Technology Licensing: Achates Power offers patent-backed technology licensing for engine manufacturing, delivering designs, expertise, development tools, control software, and patents to accelerate adoption
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Achates Power
Toyo Tires
HQ: United States
Website
- Description: Provider of tires, rubber tubes, industrial rubber, polyurethane products, and automotive parts, manufacturing and selling these products.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Strattec
HQ: United States
Website
- Description: Provider of mechanical and electronically enhanced automotive locks and keys; ignition lock housings; access control products including latches and power sliding door; customized ECUs for vehicle user interface and infotainment; transmission paddle shifters; dealer direct fulfillment for replacement keys and locks; OEM-quality aftermarket smart keys, push button fobs, transponder and remote head keys, BOLT vehicle-compatible single-key locks
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Strattec company profile →
TerrePower
HQ: United States
Website
- Description: Provider of automotive parts manufacturing for automotive and industrial markets, including sustainable remanufactured parts for cars, trucks, forklifts, ATVs, and agricultural equipment; mobile diagnostic and training via TechEyeQ; the 1Stop portal for ordering, real-time inventory, and order tracking; and a technical resource center with troubleshooting guides and product brochures.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full TerrePower company profile →
PGW Auto Glass
HQ: United States
Website
- Description: Provider of aftermarket automotive glass distribution and replacement glass manufacturing in North America. Offers same-day and overnight delivery to 27,000+ locations in the U.S. and Canada via 100+ branches and a 500-vehicle fleet. Produces laminated and tempered parts to OEM specifications using OEM-style tooling with optical quality assurance, and supports supply chain integrity under the California Transparency in Supply Chains Act.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full PGW Auto Glass company profile →
AdduXi
HQ: United States
Website
- Description: Provider of injection-molded thermoplastic precision and complex hybrid parts for automotive, water treatment and electrical engineering sectors. Offers components such as air suspension, park assistant connectors and airbag systems; overmolding and multi-component injection services; automated manufacturing lines with 100% inspection; and development through start of production.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full AdduXi company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Achates Power
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Achates Power
2.2 - Growth funds investing in similar companies to Achates Power
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4 - Top valuation comps for Achates Power
4.2 - Public trading comparable groups for Achates Power
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