LaunchPoint is a spinout from long-standing Goleta, California-based technology incubator and think tank, LaunchPoint Technologies. The parent company was founded in 1992 and known for its inventions (Inogen, Pediaflow among others) and leadership in cutting-edge engineering design. In 2010, with U.S. government funding, LaunchPoint Technologies’ multifaceted engineering design group embarked upon a novel design for an electric machine to be used for generating power for flight applications. Over ten years, the team was successful in developing and patenting its motors, hybrid generator sets, and aerospace turbogenerators for extended flight.