Europeans are familiar with the feeling of a penalty shootout on the football pitch, and this morning has a similar mix of tension, excitement, and anxiety. Inside the Beechcraft Berlin Aviation (BBA) hangar is an experimental Beechcraft King Air 350, and on its left wing was the new Catalyst engine, which was installed last December.

One of GE Aviation’s smallest engines has been making big headlines around the world. The Advanced Turboprop engine, designed and developed in just over two years, ran for the first time on Dec. 22 at GE Aviation’s facility in Prague, Czech Republic. The engine, which features advanced technology not seen in the Business and General Aviation market, is expected to enter service in 2019.

General Electric and the government of the Czech Republic signed an investment agreement to build GE’s new turboprop headquarters outside the capital, Prague. The investment will double GE Aviation’s in-country employment.

When GE Aviation bought the storied but obscure Czech turboprop builder Walter Aircraft Engines in 2008, the American company hadn’t developed a new propeller engine in decades.

GE unveiled a new advanced turboprop engine yesterday that produces 10 percent more power than its peers and burns 20 percent less fuel.

GE Aviation is excited to unveil its all-new turboprop engine, which has been selected by Textron Aviation Inc., a Textron, Inc. (NYSE:TXT) company, to power its single engine turboprop (SETP).