Parsons Marine Steam Turbine Company Parsons Marine Steam Turbine Company Parsons Marine Steam Turbine Company was a British engineering company based in Wallsend, North East England, on the River Tyne. The company was founded by Charles Algernon Parsons in 1897 with £500,000 of capital, and specialised in building the steam turbine engines that he had invented for naval use. The first ship to use a Parsons propulsion system was "Turbinia", launched in 1894; the successful demonstration of this vessel led to the creation of the company and the subsequent construction of the engines for the first two turbine-powered destroyers for the Navy, and , launched
Steam turbine de Laval principle as early as 1896, obtained a US patent in 1903, and applied the turbine to a French torpedo boat in 1904. He taught at the École des mines de Saint-Étienne for a decade until 1897, and later founded a successful company that was incorporated into the Alstom firm after his death. One of the founders of the modern theory of steam and gas turbines was Aurel Stodola, a Slovak physicist and engineer and professor at the Swiss Polytechnical Institute (now ETH) in Zurich. His work "Die Dampfturbinen und ihre Aussichten als Wärmekraftmaschinen" (English: The Steam Turbine and