ITP Aero logo — At ITP Aero we power the future of flight, together.

ITP Aero

At ITP Aero we power the future of flight, together.

Founded 1989 Spain Spain 3425 employees Post IPO Total: $1.94B

General Information

Company Name ITP Aero
Founded Year 1989
Location Spain Spain
Employees 3425
Funding Stage Post IPO
Business Model B2B, B2G, B2B2B
Revenue Model Product Sales, Service Fee, Project Based
Offices as of Aug 2026
Zamudio, Spain Alcobendas, Spain Ajalvir, Spain Whetstone, United Kingdom Queretaro, Mexico
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AI Insight

Bounce Watch AI
1 month ago

ITP Aero is demonstrating strategic growth, with the addition of 90 new professionals indicating a significant expansion of its workforce. Simultaneously, the company is securing future talent and fostering innovation through a partnership with the University of Nottingham. These initiatives, coupled with active participation at MRO Asia-Pacific, highlight a concerted effort towards operational scaling, talent development, and enhanced global market presence in the aerospace sector.

Signal Types
Hiring Partnership Market Presence
Strategic Labels
Talent Development Market Expansion Industry Collaboration
Next Move: Expansion
·
Impact: 7/10
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Ideal For: Aerospace Industry Investors — Growth & Innovation

About ITP Aero

ITP Aero, with its slogan "At ITP Aero we power the future of flight, together," stands as a pivotal player in the aerospace sector, specifically in designing and manufacturing advanced aeroengines. Established in 1989 and headquartered in Spain, the company has a rich 35-year legacy of innovation. It contributes to 40% of the commercial aircraft engine deliveries globally, with 75% of these incorporating their products.

The company boasts over 6,200 professionals across 14 sites in 5 countries, underscoring its vast operational footprint. With more than 5,000 engines in service and powering 6 aircraft take-offs every minute, ITP Aero collaborates with all major engine OEMs, cementing its role in the aviation sphere. Recently, INSTITUTO DE CREDITO OFICIAL provided a substantial €65.00M Debt Financing investment on 01 May 2025, aimed at bolstering their future projects. This investment underscores a robust endorsement of ITP Aero’s leadership and continued innovation in flight technology.

Business keywords: Aeroengine Design, Propulsion Services, Aeroengine Manufacturing, Lifecycle Management, Aviation Innovation, Sustainability in Aviation, Aeronautic Engineering, Additive Manufacturing, Compressor Technology, Low Pressure Turbines, OEM Partnerships, In Service Support, Engine MRO (Maintenance, Repair, Overhaul), Global Operational Capabilities

Services & Products

Design and development of aeronautical engines
Manufacturing of aviation components
Lifecycle services for aviation engines
Maintenance, Repair, and Overhaul (MRO)
Technological advancements in aviation

Target Customers

Commercial aviation companies Defense sectors Business aviation entities Industrial turbine users

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing €65.00M 1
INSTITUTO DE CREDITO OFICIAL
01 May 2025
Secondary Market €175.00M 1
Indra
01 Aug 2023
Acquisition €1.70B 1
Bain Capital
01 Sep 2021

ITP Aero Alternatives & Competitors

ITP Aero vs

Components and systems for aviation, previously part of Avio

Acquired
3613 employees

FAQ About ITP Aero

At ITP Aero we power the future of flight, together.
ITP Aero was founded in 1989.
ITP Aero is headquartered in Spain. As of Aug 2026, it also has offices in Zamudio, Spain, Alcobendas, Spain, Ajalvir, Spain, Whetstone, United Kingdom and Queretaro, Mexico.
ITP Aero has a B2B, B2G and B2B2B business model. Its revenue comes from Product Sales, Service Fee and Project Based.
ITP Aero has approximately 3425 employees.
ITP Aero has completed 3 funding rounds, raising a total of $1.94B. The latest funding stage is Post IPO.
ITP Aero offers: Design and development of aeronautical engines, Manufacturing of aviation components, Lifecycle services for aviation engines, Maintenance, Repair, and Overhaul (MRO), Technological advancements in aviation.
Top alternatives and competitors to ITP Aero include Avio Aero. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ITP Aero and Avio Aero 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 ITP Aero, https://bouncewatch.com/company/itp-aero, updated 26 September 2026. When citing, please name BounceWatch and link this page.

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