KTM, which stands for Kraftfahrzeuge Trunkenpolz Mattighofen, is an Austrian motorcycle and sports car manufacturer. The company was founded in 1934 by engineer Hans Trunkenpolz in Mattighofen, Austria. KTM is known for producing off-road motorcycles, sports motorcycles, and recently, street motorcycles as well. They have gained a reputation for their high-performance bikes and have a strong presence in the motorcycle racing world.