TurboGen ^{Filed Terms, Nasdaq: TRBG}

Founded in 2014 in response to technologically address the threat of climate change and the lack of grid capacity, we develop combined heat and power, or CHP, systems based on multifuel microturbines, or microturbines. These microturbines are used for local electricity, energy, and heat production. Upon completion of our research and development, we will transition to manufacturing and installing our first developed microturbine system, the TG-40, which produces up to 40 kilowatts, or KW, of electrical energy and up to 60 KW of heat. We are designing the TG-40 prototype to be highly efficient at producing energy. We are currently developing the TG-40 for the purpose of lowering production, assembly, and maintenance costs, which will enable us to increase the number of potential installation sites, in part due to its low weight and agile modularity, compared to existing solutions in the 40 KW to 1 megawatt, or MW, range. In addition to the TG-40, we are in the process of negotiations with one European Union-based company and one United States-based company for research and development stage of a range of technologies related to CHP systems, including a smaller and larger scale version of the TG-40, unit sizes, 23 KW for mobile systems, 32 KW and 80 KW for in building installation. As of the date of this Prospectus, we have not generated any revenues.