What is Turbopower?
Founded in 1974 and acquired by Battle Investment Group and Capricorn Holdings in June 2021, Turbopower is a specialized provider of maintenance, repair, and overhaul (MRO) services for gas turbine engines, auxiliary power units (APUs), and component parts. The company caters to both military and commercial clientele worldwide, with a particular expertise in servicing turboprop engine platforms such as the Rolls-Royce T56 and Pratt & Whitney PT6. Turbopower's operational capabilities are housed in a state-of-the-art 100,000 square foot facility in Opa-Locka, Florida, equipped with on-site engine test cells. Its commitment to quality is evidenced by numerous certifications, including FAA Part 145 repair station status and Rolls-Royce Authorized Maintenance Center certification.
How much funding has Turbopower raised?
Turbopower has raised a total of $2.1M across 2 funding rounds:
Debt
$1M
Debt
$1.1M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.1M led by PPP
Key Investors in Turbopower
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Turbopower?
The recent major strategic investment signifies a pivotal moment for Turbopower, likely enabling expansion of its service offerings, enhancement of its technological capabilities, or further penetration into key military and commercial markets. As an established player in the aerospace MRO industry, this capital infusion is expected to bolster its competitive edge and support its growth trajectory in servicing complex gas turbine engine platforms. The company's focus on specialized turboprop engines and its robust certification portfolio position it for continued success in a demanding sector.
See full Turbopower company page
