When Sevin Rosen Funds needed a name for a new turbogenerator company, Ben Rosen called NameStormers. The new company would be making turbines that serve as back-ups to electric power systems for hospitals and other facilities that can’t afford a blip in power. The turbines come online immediately if there is a loss of electricity to ensure continuous energy.
The name “Capstone” was chosen because it starts with a “C”, like Compaq and many of the other Sevin Rosen start-up investments. Also, Capstone is defined as a “crowning achievement, point, element, or event.” It sounds solid and stable— perfect for a company that would be building potentially lifesaving equipment.
Today, “Capstone Turbine Corporation® is the world’s leading producer of low-emission microturbine systems and was first to market with commercially viable air bearing turbine technology. The company has shipped thousands of Capstone turbines to customers worldwide.