[Funding News] Canada-based Essential Turbines Secures Investment from Balance Point Capital

The deal's total value was not made public. The money will be used by the business to grow both its operations and growth initiatives.

Helium and fixed wing engines are the primary emphasis of Essential Turbines, an aerospace maintenance, repair and overhaul ("MRO") service headed by current CEO and President Michael E. Guntner Jr.

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Its areas of expertise include pure-thrust engine modules, parts, and accessories, as well as the Rolls-Royce M250 and RR300 engines. ETI provides services to a wide range of clients in the military, government, and commercial sectors.

About Essential Turbines

Essential Turbines, headquartered in Montreal, with locations in Vancouver and Phoenix, is an aerospace maintenance, repair and overhaul ("MRO") provider with a focus on both helicopter and fixed wing engines.

It is a specialist in the Rolls Royce M250 and RR300 engines, as well as pure-thrust engines modules, components and accessories. ETI serves a diverse set of customers across commercial, government and military markets.