- located in the inner mitochondrial membrane in eukaryotes, or the plasma membrane in prokaryotes
- creates energy from the proton motive force of the proton gradient to chemical bond energy in ATP
- is a rotary machine that makes ATP as it spins
- consists of 2 components—an ATPase "knob"/F1 unit, and a membrane-bound, proton-transporting base/F0 unit, which is a rotor that turns as protons flow through it—that are connected by a shaft and held in place by a stator
- the spinning F0 unit changes the conformation of the F1 unit so that it phosphorylates ADP to form ATP