A low horsepower transmission is disclosed. In one embodiment, a drive shaft is operably coupled to a prime mover and a driven shaft is axially aligned with the drive shaft and operably coupled to a rotary load. Two sets of geared wheels are aligned and rotatably mounted to opposite sides of the drive shaft and the driven shaft. A shuttle clutch positioned on the driven shaft is operable to reciprocate between mating engagement with a clutch associated with the first set of geared wheels and a clutch associated with the second set of geared wheels. The engagement of the shuttle clutch determines which set of geared wheels will transmit torque.