Power Machines

[ACTIVE]

HQ: Saint Petersburg, Russia · Est. 2000 · 1 model registered

Funding gap >24mo

As of Sep 2026, DEPLOY verifies Power Machines: 1 model, $319.0M raised, 1 active incident. 1 source back the record.

Ownership

ACTIVE

Capital / Funding

$319M

Headquarters

Saint Petersburg, Russia

IP / Patents

Undisclosed

Platform Models

1

Audited Incidents

0

Overview

OJSC Power Machines (Siloviye Mashiny) is a Russian energy-systems machine-building company headquartered in Saint Petersburg, founded in 2000. It manufactures steam and gas turbines, turbogenerators, and other power-plant equipment for nuclear and thermal stations, supplying over 57 countries. The company was sanctioned by the U.S. Treasury (OFAC) in 2018 for its role in transferring Siemens gas turbines to Crimea in violation of Ukraine-related sanctions, and has since pivoted to domestically produced high-power gas turbines to replace imported equipment cut off by sanctions.

Audited Posture AssessmentPeer Percentile: 89.8%

Safety profile within acceptable range for category. Limited public visibility and press coverage relative to peers.

Key Facts

HQSt. Petersburg, Russia
FocusPower engineering
ProductsTurbines, generators, and transformers
ApplicationsThermal and nuclear power
CEOAlexey Podkolzin (General Director, appointed 2024)
OwnerAlexei Mordashov (via Highstat Limited)
Revenue~$1.18 billion (2017)
Employees~8,000
OFAC sanctionsDesignated January 2018 under EO 14024 / EO 13685 for supplying turbines to Crimea

Safety & Regulatory Posture

0 entries
Audited Incident & Recall FootprintLatest event: Jan 2018

1 incident on record (1 serious). Most recent: Jan 2018.

serious: 1

Leadership & Founders

2 entries

Current Program Leadership & Executives

Alexey Podkolzinreported, not verified

General Director

Alexei Mordashovreported, not verified

Owner (via Highstat Limited)

Partnerships & Commercial Deployments

1 entry
Total Tracked1
Operating1
Announced0
Concluded1

Recent Verified Partnerships

  • Power Machines x Siemens (Gas Turbine JV)Jul 1, 2010

    MOST RECENT · Power Machines x Siemens (Gas Turbine JV) · 2010-07-01 · with Siemens AG · OPERATING

FAQ

9 entries
What is Power Machines?

OJSC Power Machines (Siloviye Mashiny) is a Russian energy-systems machine-building company headquartered in Saint Petersburg, founded in 2000. It manufactures steam and gas turbines, turbogenerators, and other power-plant equipment for nuclear and thermal stations, supplying over 57 countries. The company was sanctioned by the U.S. Treasury (OFAC) in 2018 for its role in transferring Siemens gas turbines to Crimea in violation of Ukraine-related sanctions, and has since pivoted to domestically produced high-power gas turbines to replace imported equipment cut off by sanctions.

What does Power Machines make?

Power Machines has 1 robot model on the DEPLOY registry: Power Machines System (Power Machines builds both physical robots and the AI that runs them).

Who is the CEO of Power Machines?

Alexey Podkolzin is the ceo of Power Machines, per the DEPLOY registry.

Where is Power Machines headquartered?

Power Machines is headquartered in Saint Petersburg, Russia.

How much funding has Power Machines raised?

Power Machines has raised approximately $319M in disclosed funding on record in the DEPLOY registry.

Where does Power Machines operate robots?

Power Machines is a robot manufacturer and does not directly operate deployments on the DEPLOY registry. Its products are deployed by customer operators; see the company page for the verified deployment record.

Is Power Machines a top robotics company?

On DEPLOY's intelligence score, which blends verified deployments, funding, hiring, media, safety, and IP signals, Power Machines ranks in roughly the top 11% of companies tracked by the registry.

Are there any incidents involving Power Machines?

1 active incident involving Power Machines is on the DEPLOY registry. Each is a sourced, append-only record; retracted incidents are suppressed from this view.

Is Power Machines safe?

Power Machines has 1 active incident on record in the DEPLOY registry. 1 incident on record (1 serious). Most recent: Jan 2018. Retracted incidents are excluded from this count.