TurboGen Announces New Agreement with Leading Engineering and Manufacturing Company for Serial Development and Manufacturing of Its 20kW Systems for the Defense and Civilian Markets
Globe Newswire•05/10/2026•07:00 ET
0
Key Highlights
- ➤TurboGen signs LTA for serial development and production of proprietary 20kW systems
- ➤Initial LTA term spans five years with automatic annual renewals
- ➤Agreement targets defense and civilian product sales and projects
- ➤TurboGen anticipates commercialization readiness after completing the development phase
Expert Statements
Yaron Gilboa, Chief Executive Officer of TurboGen
“This milestone collaboration marks the transition from prototype development to serial production with a tier-one, EU-based global design and manufacturer. Upon completion of the development phase, we anticipate readiness for commercialization of our compact 20kW systems.”
Yaron Gilboa, Chief Executive Officer of TurboGen
“This LTA also aims to support product sales for defense as well as civilian projects and sales. This LTA further demonstrates TurboGen’s dedication toward rapid advancement into serial production and revenue generation.”
Agreement with EU-based manufacturer expands TurboGen’s defense and civilian markets and features an initial five-year term with automatic renewals to support ongoing commercial production
PETAH TIKVA, Israel, Oct. 05, 2026 (GLOBE NEWSWIRE) -- TurboGen Ltd. (NASDAQ:TRBG) (TASE:TURB) (“TurboGen” or the “Company”), a developer of combined heat and power systems based on multifuel microturbines, today announces it has entered into a long-term agreement (“LTA”) with an engineering and manufacturing provider for the serial development and production of the Company’s proprietary 20kW systems.
Get started
Create a free account to read the full story.