Frost & Sullivan
Through the 1960s, the firm Frost & Sullivan pioneered market consulting, monitoring new tech……...

Aurelia's founder, Matti Malkamäki, worked extensively in the international market for decentralised energy production in the early 2000s. He noticed that the need for combined heat and power production was constantly growing; especially in small and medium-sized industries.
However, the progress of technological development in the sector was slow. Engines have been available for a long time but it is increasingly clear that they would no longer make major technological leaps.
On the other hand, new technologies, including new materials, high-speed machinery, inverters and active magnetic bearings, offered turbine developers enormous new opportunities to overcome unresolved engine challenges. However, turbine developers already operating in the market were most strongly focused on the development of aircraft turbines. The distributed power industry, which requires small turbines, was waiting in vain for new solutions. Where were the turbines that would improve efficiency, lower costs and utilise better alternatives to conventional fuels in power generation?
For a long time, Malkamäki had outlined the ideal future turbine. In 2011, he met researchers at Lappeenranta University of Technology (LUT) and presented his bold vision. Professor Jaakko Larjola and his team had designed and developed high-speed turbomachinery technology for many years, and they were enthusiastic about the plans. Larjola's research team began to test Malkamäki's ideas and combine them with the results of 30 years of experience at the University.
Aurelia Turbines was founded in 2013 to develop turbines in collaboration with LUT’s expertise. The aim of the company was to utilise the results of all of that accumulated knowledge to improve the performance of small and medium-sized business enterprises by having access to an advanced gas turbine solution.
Today, a new generation of turbines is being manufactured in Lappeenranta, from where they are exported worldwide. The company is growing fast and aims to become the most significant in its field.
Primary Activity
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