EngineWorks was established in 2003 with the purpose of developing an environmentally clean prime mover. The company was founded by Michael Wuertz, and a friend, who later decided to leave EngineWorks for a career at the European aircraft manufacturer Airbus. In the first two years, they developed the basis for a unique internal combustion engine. A so-called Rotary Vane Combustion Engine (RVCE), classified in the same engine family as the Wankel engine. Michael decided to continue work on the engine, which at the time did not function properly, but which had given valuable information about the combustion process required for such an engine type, and illustrated, not unexpectedly, that air sealing is a complicated matter for such technology.

In 2007, EngineWorks was converted into a limited company held by Michael Wuertz, Daniela Zolper and Rainer Lippert. Earnings were generated through management consultancy, spending any profits to start a serious development program for the LSTE (Low Speed Turbine Engine) technology. Earlier experiments had shown that a development program would be required. In the period 2007 - 2012 three prototype units were built including 17 intermediate modification stages.

The software division was added in 2013. EngineWorks purchased a programming company in India in end of 2012 to be able to write its own software for controlling its processes for the LSTE engine development. The step was necessary to maintain control of technical disciplines and the increasing amount of suppliers and partners required for the development of the RVU (Rotary Vane Unit). And also because the LSTE internal combustion engine turned out to be somewhat more complicated as originally intended.