TurboGen

Company Overview

Snapshot

Founded in May 2014, TurboGen operates with 11–50 employees and has raised a total of $9.39M across 10 funding rounds from 7 investors. The company went public on TASE in November 2021.

Business overview

TurboGen specializes in the development and manufacturing of turbine-based Combined Cooling, Heating, and Power (CCHP) systems. Leveraging industrialized aviation technology, the company offers proprietary micro-turbines in various capacities, including the TG40, TG120, and the high-capacity TG250. These systems are designed for versatility, operating on natural gas, 100% hydrogen, or blends, positioning them as hydrogen-ready solutions for the energy transition. TurboGen's CCHP units provide sustainable, on-site energy for microgrids, hospitals, hotels, and multi-family residences, aiming to eliminate grid transmission losses and offer peak shaving capabilities. The company operates within the Energy Tech sector, focusing on energy efficiency and clean energy generation.

Strategic signal

In March 2026, TurboGen announced the public filing of its Form F-1 registration statement for a proposed Nasdaq listing. This move signals the company's ambition for international expansion and access to broader capital markets, indicating a strategic shift towards increasing its global footprint and investor base beyond its current TASE listing.

Company Intelligence Q&A

What was a significant recent corporate development for TurboGen?

In May 2026, businessman Tzachi Abu initiated talks to acquire a controlling stake in TurboGen, indicating a potential change in ownership and strategic direction for the company.

When did TurboGen announce its intention for a NASDAQ listing?

In March 2026, TurboGen Ltd. announced the public filing of its Form F-1 registration statement for a proposed NASDAQ listing, signaling its intent to expand its presence in the US capital markets.

When did TurboGen go public?

TurboGen went public on the TASE in November 2021, with its stock rising by 25% on its first day of trading.

What was a key product development for TurboGen in 2023?

In June 2023, TurboGen received a groundbreaking patent approval for its microturbine cooling system, enhancing its proprietary technology in energy generation.

What strategic partnership did TurboGen establish in July 2023?

In July 2023, TurboGen signed a strategic Memorandum of Understanding with PEG, an American company, to further its market penetration and collaboration efforts.