What Techspace Aero does

Techspace Aero, now operating under the name Safran Aero Boosters, is a Belgian aerospace equipment manufacturer headquartered in Milmort, Belgium. The company designs and produces modules, equipment, and test benches for aeronautical and space aircraft engines, and is described as a world leader in engine test benches, supplying the Belgian, Indian, Greek, Peruvian, Chilean, Saudi, and Pakistani air forces. It also manufactures engine lubrication groups for the Airbus A400M military transport aircraft, placing it within the OEM propulsion supply chain for a major Western military platform.

The company operates as a majority-owned subsidiary of the French aerospace group Safran, which holds a 67.19% ownership stake; following acquisition, the entity was rebranded from Techspace Aero to Safran Aero Boosters. Wholly-owned subsidiaries Safran Aero Boosters Inc. (United States) and SAFRAN TEST CELLS France extend the test cell footprint transatlantically. The legal entity is incorporated in Belgium, and the company is privately held under the publicly listed Safran Group (Euronext Paris: SAF).

The business model is enterprise field sales of one-time capital equipment to sovereign defense buyers and aerospace OEMs, with no public pricing and a B2B procurement-driven motion. FY2024 revenue was 889.3 million EUR (up from 784.8 million EUR in 2023), with net profit of 289.9 million EUR at a 34.65% margin and an average workforce of 1,478 employees. Customer segments are split between military air forces (engine test and validation) and aircraft manufacturers (engine components such as A400M lubrication groups), with no consumer or SMB exposure.

Name

Techspace Aero

Legal name

Safran Aero Boosters

Website

https://production.grip.org

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Safran Aero Boosters (formerly Techspace Aero) is a Belgian aerospace equipment manufacturer that designs test benches and propulsion components for aircraft and space engines, supplying national air forces and OEMs such as Airbus.

Ownership category

akta.pro rank

Product category

Aerospace Manufacturing / Test Equipment

NAICS

Aerospace Product and Parts Manufacturing (33641), Other Aircraft Parts and Auxiliary Equipment Manufacturing (336413)

SIC

Aircraft Engines & Engine Parts (3724), Aircraft & Parts (3720)

akta.pro primary industry

Engine Modules & Hot-Section Components (Compressors/Turbines/Combustors) (IMABADAJ)

Keywords

• Aerospace test benches
• Aircraft engine testing
• Engine lubrication systems
• Aero engine modules
• Military aerospace equipment

Headquarters

HQ city

Milmort

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Aerospace equipment manufacturing: Design and production of modules, equipment, and test benches for aircraft and space engines. Revenue is generated through the sale of specialized aerospace equipment to air forces and aircraft manufacturers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Techspace Aero designs and manufactures modules, equipment, and test benches for aeronautical and space aircraft engines. It is a world leader in test benches, supplying international air forces (Belgium, India, Greece, Peru, Chile, Saudi Arabia, Pakistan), and produces engine lubrication systems supplied for the Airbus A400M military transport aircraft.

Product overview

Techspace Aero (now operating as Safran Aero Boosters) is a company that designs and produces modules, equipment, and test benches for aeronautical and space aircraft engines. It operates as a world leader in test benches, supplying air forces including Belgium, India, Greece, Peru, Chile, Saudi Arabia, and Pakistan. The company also manufactures lubrication groups for the Airbus A400M engine. As a subsidiary of the French group Safran, the product portfolio centers on engine testing systems and propulsion components for the aerospace industry.

Differentiator

Problem solved

Functional benefit

Products and services

• Test Benches for Aircraft Engines (Bancs d'essais) Precision test benches designed for aircraft and space engine testing and validation, sold to international air forces and aerospace manufacturers.
• Modules and Equipment for Aeronautical and Space Engines (Modules et équipements pour moteurs aéronautiques et spatiaux) Design and production of modules and equipment for aeronautical and space aircraft engines, supplied to aerospace manufacturers and government clients.
• Lubrication Groups for Airbus A400M (Groupes de lubrification pour Airbus A400M) Engine lubrication systems designed and supplied for the Airbus A400M military transport aircraft engines.

Quantifiable outcome

• 34.65% profit margin in 2024

Named customers8 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Safran Groupparent companyStrategic or Co-development PartnerParent company holding 67.19% ownership. Techspace Aero now operates as Safran Aero Boosters, integrated into the Safran Group's aerospace equipment portfolio.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Rolls-Royce: UK-based engine OEM for both military and commercial aerospace. Incumbent in the same engine programs (TP400/A400M) where Techspace supplies modules, with overlapping test bench and propulsion component scope.
• Safran Aircraft Engines: Sister company within Safran Group; manufactures complete military and commercial aircraft engines (M88, LEAP, TP400). Most direct internal comparable given shared parent and overlapping propulsion technology base.
• Honeywell Aerospace: US-based aerospace systems and engine/APU manufacturer. Broad incumbent overlapping on engine components and test/support equipment for military and commercial aviation.
• Collins Aerospace: US-based major aerospace systems and components supplier (RTX subsidiary). Incumbent in aerospace subsystems serving similar military and commercial customer base.
• Pratt & Whitney: Major US-based engine OEM (military and commercial). Broader incumbent with overlapping customer base (military air forces, OEMs) but operates at full engine level rather than module/component scope.
• GE Aerospace: US-based engine OEM with a military and commercial portfolio. Indirect comparable through module sourcing structures and shared engine program participation.

Direct peers

• MTU Aero Engines: German engine manufacturer producing modules, components, and MRO services for military and commercial aero engines. Direct comparable as a European aero engine module manufacturer serving similar defense and commercial customers.
• ITP Aero: Spanish aero engine component manufacturer (now part of Rolls-Royce). Direct comparable for low-pressure turbine modules, engine cases, and other hot-section components supplied into military engine programs.
• Avio Aero: Italian aero engine component manufacturer (GE Aerospace subsidiary). Comparable in producing modules and components for military and commercial engines, including transmissions and low-pressure turbine systems.

Others

• Safran Test Cells (formerly Techspace Aero subsidiaries): Wholly-owned subsidiaries of Safran Aero Boosters in the US and France providing test cells for aircraft engines. Internal sibling entity operating the same business line in different geographies.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/techspace-aero

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Techspace Aero