TurbineOne expects to invest an initial $275,000 and create over 20 jobs in the next five years at its new manufacturing facility in Old Town.
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A defense technology company headquartered in Chantilly, Va., has opened a manufacturing facility in Old Town, with the expectation of making an initial $275,000 investment and creating over 20 jobs in the next five years.
TurbineOne opened the facility, called T1 MachineWorks, at 18 Wing Drive. The location was selected with the help of Maine & Co., a business development consultant in Portland.
In Old Town, TurbineOne engineers will develop defense technology with a focus on artificial intelligence models and autonomy software, along with 3D manufacturing, rapid prototyping and testing for aerial platforms and other defense technology applications on the frontline, according to a news release.
“We will collaborate with local manufacturing partners to iterate quickly,” said Ian Kalin, the company’s CEO.
The company was designated a qualified business under Maine’s Dirigo Business Incentives Program, which offers eligible businesses the opportunity to reduce state taxes for up to five years when they make significant capital investments or provide qualified employee training in certain business sectors, according to the program’s website.
Founded in 2021, TurbineOne selected Old Town for its proximity to the University of Maine and the region’s growing defense technology and advanced manufacturing ecosystem, along with access to aerial and maritime environments for real-world testing, according to the release.
“This project brings new investment and technical opportunities to the region while strengthening connections to Maine’s research and innovation ecosystem,” said Michael Duguay, commissioner of the Maine Department of Economic and Community Development.
The company recently raised a $36 million Series B at a $300 million valuation and is executing on a nearly $99 million U.S. Army contract as its technology is deployed across the U.S. military.
TurbineOne is the fourth company to open an office or expand to Greater Bangor this year, with help from Maine & Co. The others are New Jersey's Tropical Cheese Industries LLC and Florida's RCubed Engineering LLC in Bangor and Amazon in Hermon.
