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Aura Systems Inc

Change your Motor, Change the World

Founded 1985 United States Lake Forest, United States 6 employees Post-IPO Debt Total: $4.60M Hardware

General Information

Company Name Aura Systems Inc
Founded Year 1985
Location United States Lake Forest, United States
Employees 6
Industries Hardware
Funding Stage Post-IPO Debt
Social

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About Aura Systems Inc

Aura Systems Inc is a hardware startup with a fascinating history and a strong focus on cutting-edge technology. Founded in 1985 by leading aerospace engineers, the company initially operated as a defense industry think-tank during the Cold War. It collaborated with major defense contractors and the military on various classified and non-classified "Star Wars" skunkworks programs. Over the years, Aura Systems has demonstrated its capability in technological innovation by contributing to significant projects such as repairing the Hubble Space Telescope, providing power to military and commercial applications, and supporting missions like the search for Malaysia Airline Flight 370. The company's flagship product, AuraGen®, has been pivotal in bringing reliable green power to global markets, creating a paradigm shift in the economics of Electrical Induction Machines. The technology has also been integrated into navy aircraft, submarines, and various military and commercial applications. In 2014, the company received a $1.10M post-IPO debt investment, indicating investor confidence in Aura Systems' potential for growth and market impact. Based in the United States, Aura Systems Inc seems poised to continue driving innovation and making a significant environmental and technological impact with its revolutionary technologies.

Business keywords: Green technology, Renewable energy, Military technology, Defense industry, Aerospace engineering, Power generation, Innovation, Sustainable energy, Electric power systems, Space technology

Funding Rounds & Investors (2)

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Funding Stage Amount Investors Lead Investors Date
Post IPO Debt $1.10M -
27 Jun 2014
Post IPO Debt $3.50M -
11 Oct 2011

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FAQ About Aura Systems Inc

Change your Motor, Change the World
Aura Systems Inc was founded in 1985.
Aura Systems Inc is headquartered in Lake Forest, United States.
Aura Systems Inc operates in Hardware. Its work centres on Green technology, Renewable energy, Military technology and Defense industry.
Aura Systems Inc has approximately 6 employees.
Aura Systems Inc has completed 2 funding rounds, raising a total of $4.60M. The latest funding stage is Post-IPO Debt.
Top alternatives and competitors to Aura Systems Inc include Dizen Motor Savunma Endüstri A.Ş., Tempronics, Princeton Satellite Systems, Encorp, HARP DEFENCE SYSTEMS IND. and TRADE Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Aura Systems Inc and Dizen Motor Savunma Endüstri A.Ş. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Aura Systems Inc, https://bouncewatch.com/company/aura-systems-inc, updated 12 September 2024. When citing, please name BounceWatch and link this page.

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