Beehive Industries
Small Expendable Turbine (SET) Engines for UAVs, drones, and munitions, additive manufacturing contract services for complex components, and vertically integrated propulsion systems.
- CEO / Founder
- Mohammad Ehteshami
- Team Size
- 200+ (as of late 2024, planning to hire 100 more)
- Stage
- Scaling
- Total Funding
- $12.46M
- Latest Round
- Venture Round
- Key Investors
- US Air Force
Technology & Products
Key Products
["SET Engines","Additive Manufacturing Contract Services","Vertically Integrated Propulsion Solutions"]
Technological Advantage
Proprietary additive manufacturing techniques that achieve significant part consolidation, reduced production cycles, and lower costs.
Differentiation
Value Proposition
Enables cost-effective and rapid production of high-performance jet engines and components through advanced additive manufacturing, reducing costs by over 50% compared to traditional methods.
How They Differentiate
Focus on small, expendable turbine engines produced via additive manufacturing, offering faster production cycles and significantly lower costs than traditional techniques.
Market & Competition
Target Customers
US Department of Defense (Air Force), defense contractors, aerospace OEMs, and power generation companies.
Industry Verticals
["Aerospace","Defense","Power Generation"]
Competitors
Ursa Major Technologies; Kratos Defense & Security Solutions; GE Aerospace; Pratt & Whitney
Growth & Milestones
Growth Metrics
Expanded footprint to ~170,000 sq ft across four locations; team grown to 200+ employees; secured significant defense contract.
Major Milestones
["Founded in 2020","Acquired Volunteer Aerospace in November 2021","Demonstrated 500 lbf thrust engine in 13 months","Opened Knoxville, TN facility in May 2024","Awarded $12.46M USAF contract in October 2024","Opened new headquarters in Centennial, CO in December 2024"]
Notable Customers
US Air Force; University of Dayton Research Institute; Boeing; Lockheed Martin; Northrop Grumman; NASA