About Pritchard Power Systems
Ted Pritchard working on the S5000 in 2001
Pritchard Power Limited was incorporated in November 2009 with the specific purpose of acquiring all of the issued capital of Pritchard Power Systems Pty Ltd (PPS). The acquisition was completed in January 2010. PPS was a company incorporated in 2006 to build the latest (and last) advanced small steam engine designed by Ted Pritchard at the end of a long life of experimentation, scholarship and endeavor during which Ted designed and built several modern steam engines.
In the three years it operated, PPS constructed and demonstrated the first prototype of the S5000 and progressed patent applications over two key elements of the Pritchard technology around the world. The shareholders of PPS unanimously voted to vend the company into Pritchard Power Limited and all of the shareholders of PPS have remained as shareholders of Pritchard Power Limited.
The Pritchard family are significant shareholders in Pritchard Power Limited and the estate of Ted Pritchard receives a royalty stream under the terms of the global exclusive licence that is held by Pritchard Power Limited.
