NISKAYUNA, NY, July 16, 2026 – GE Vernova Inc. (NYSE: GEV) today hosted the grand opening of its expanded Advanced Research Center Frontier Campus in Niskayuna, New York, marking an important milestone in the company’s long-term strategy to advance energy innovation and develop technologies that support a more reliable, affordable, and secure energy future.

The expanded campus is part of a broader investment of more than $110 million by GE Vernova and the State of New York and is expected to create 75 new research positions. GE Vernova has invested nearly $100 million in the new center, with additional support including $9.635 million in tax credits from the State of New York through Empire State Development (ESD) and an additional $6M in funding from the Focused Attraction of Shovel-Ready Tracts New York (FAST NY) program that contributes to site improvements along River Rd. in Niskayuna. The facility adds new lab, testing, and collaboration space designed to help accelerate breakthrough technologies, deepen collaboration with customers and partners, and strengthen the Capital Region’s role as a hub for energy innovation.

“Meeting the world's growing demand for electricity will require breakthrough innovation at an unprecedented pace, and that is the fundamental goal of this best-in-class facility” said Scott Strazik, Chief Executive Officer of GE Vernova. “These investments and new jobs reinforce our commitment to serving as an industry leader by bringing together exceptional talent, cutting-edge research, and close collaboration with customers to build the technologies powering the future.”

The Frontier Campus is designed to give customers, researchers, government stakeholders, and collaborators a closer look at how advanced research can move from concept to practical application. During the grand opening, guests toured six featured technology stops that reflect the breadth of GE Vernova’s research efforts and their relevance to real-world energy and industrial needs.

Those technologies included Direct Air Capture, where guests saw a research unit designed to capture carbon dioxide directly from the atmosphere using a sorbent-based process; AirJoule, a joint-venture created technology that captures water vapor from air and converts it into high-purity distilled water for potential industrial, cooling, and drinking water applications; and a wing-to-wing data center power simulation, an interactive simulation and testing platform designed to help utilities and technology providers manage rapidly growing data center power demand while supporting grid reliability.

"GE Vernova has been a long-standing partner in New York's efforts to build a stronger, more affordable and more reliable energy future," Governor Hochul said. "Their continued investment in the Capital Region is helping drive innovation, create good jobs and advance the technology we need to power our state and our economy for the long term."

Additional tour stops featured Robotics and AI-based Inspection, where robotic assistants and AI-enabled systems demonstrate new ways to improve safety, maintenance, quality, and productivity; materials science for advanced manufacturing, highlighting inspection and discovery tools that can improve the efficiency, durability, and performance of next-generation energy technologies; and advanced power conversion technologies including solid-state transformers and the requisite next generation controls and advanced cooling technologies, enabling a power electronics-based technology that can offer greater flexibility, resilience, and control for future grid networks.

Together, these displays were designed to show that the work happening at GE Vernova’s Advanced Research Center; focused on practical technologies that can help address rising electricity demand, strengthen infrastructure, improve industrial productivity, support decarbonization, and enable a more resilient energy system.

“The Frontier Campus gives our teams the space, tools, and collaborative environment they need to translate advanced research into practical technologies,” said Dave Vernooy, Vice President of GE Vernova’s Advanced Research Center. “What is happening here is about more than science alone. It is about building solutions that can help address some of the most important energy and industrial challenges ahead.”

The grand opening included remarks from GE Vernova leadership and government representatives, a ribbon-cutting ceremony, and guided tours of the new facility and featured technologies.

GE Vernova is making substantial long-term investments in growth and innovation across its businesses, including approximately $11 billion in combined capital expenditures and research and development from 2025 through 2028 to support manufacturing capacity, grid solutions, and next-generation technologies.

About GE Vernova
GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Electrification, and Wind segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 85,000 employees across 100+ countries around the world.

GE Vernova’s Advanced Research segment is an innovation powerhouse, operating at the intersection of science and creativity to turn cutting edge research into impactful realities. Advanced Research collaborates with GE Vernova’s businesses across a broad range of technical disciplines to accelerate the energy transition.

BERLIN, Germany, (16 July 2026): GE Vernova Inc. (NYSE: GEV) today announced it has been awarded two contracts by Stromnetz Berlin GmbH for the design, delivery and installation of two new high-voltage electrical substations in Wittenau and Neukölln. These grid nodes form part of Berlin’s high-voltage electricity network, helping supply power to several local substations that serve homes, businesses and public infrastructure across the city.

These 110 kV gas -insulated substations use GE Vernova’s SF₆-free g³ technology, an alternative to SF₆, which is a potent greenhouse gas widely used in high-voltage electrical equipment to provide insulation and help prevent electrical arcs. GE Vernova’s g³ technology provides the performance and compact footprint utilities need, while reducing the global warming potential of the insulating medium by about 99% compared with SF₆. 

“Europe’s electrical grids need proven technologies that support reliability, sustainability and speed of deployment,” said Frank Ennenbach, Central Europe Regional Leader for GE Vernova’s Grid Systems Integration business line. “The use of g³ technology in these projects reinforces the role of practical, scalable SF₆-free solutions in modern grid infrastructure, especially in dense urban networks where space, timing and system reliability matter. As Europe invests in strengthening and expanding its power networks, utilities need a choice of high-voltage equipment technologies that reduce overall global warming potential while still meeting real-world infrastructure requirements. We are proud to support Stromnetz Berlin in this important project for Germany’s capital.”

“As the operator of one of Europe’s largest urban gas-insulated switchgear networks, Stromnetz Berlin has an important role in supporting reliable electricity supply for the capital,” said Elena Brauns, responsible for resources and environment at Stromnetz Berlin GmbH. “With the Wittenau and Neukölln grid nodes, we are investing in infrastructure that supports Berlin’s security of supply and climate goals. GE Vernova’s SF₆-free g³ technology supports our objective to modernize the grid while reducing the environmental footprint of essential high-voltage equipment.”

As electricity demand grows and cities electrify transport, heating, buildings and industry, grid infrastructure is becoming increasingly important to economic growth and quality of life. Compact, reliable and lower-carbon high-voltage substations are especially important in dense urban environments, where space is limited and network performance is critical.

GE Vernova’s g³ technology is part of our GRiDEA^TM portfolio; solutions designed to help decarbonize power transmission. The portfolio includes SF₆-free high-voltage equipment, as well as solutions focused on reducing raw material use, extending equipment lifespan and improving grid efficiency.

GE Vernova has operated in Germany for more than a century and is a critical partner in the country’s journey toward net-zero emissions by 2045. Today, approximately 30% of Germany’s electricity is generated using GE Vernova technology. The company supports Germany’s energy transition through major power generation projects, electrification and grid reliability solutions, large-scale transmission infrastructure, and wind energy manufacturing from its Salzbergen facility.

The Wittenau project execution period is expected to extend from June 2026 to March 2031. The Neukölln project execution period is expected to extend from June 2026 to January 2032.The contract was booked in April 2026. Financial details were not disclosed.

The U.S. Energy Information Administration determined that 2024, which witnessed a raft of Category 5 hurricanes, was the worst year in a decade for U.S. power outages. The spike meant that the average utility customer was without power for 11 hours in 2024, nearly double the average of the preceding 10 years. Beyond the storms, worsening trends in wildfires and floods are raising costs for utilities, placing pressure on household budgets. 

CAMBRIDGE, Mass. (July 7, 2026) – GE Vernova Inc. (NYSE: GEV) is scheduled to release its second quarter 2026 financial results on Wednesday, July 22, 2026, before market open. GE Vernova CEO Scott Strazik and CFO Ken Parks will discuss the company’s financial results in a webcast at 7:30 AM ET, which can be accessed at https://www.gevernova.com/investors/events.

The earnings press release and supplementary financial information, including reconciliations of non-GAAP financial measures, will also be posted at the same link on the GE Vernova Investor Relations website. A replay of the call will be made available as a direct download on GE Vernova’s website at www.gevernova.com/investors/events.

Additional Information
GE Vernova’s website at www.gevernova.com/investors contains a significant amount of information about GE Vernova, including financial and other information for investors. GE Vernova encourages investors to visit this website from time to time, as information is updated, and new information is posted. Investors are also encouraged to visit GE Vernova’s LinkedIn and other social media accounts, which are platforms on which the company posts information from time to time.

NOVENTA DI PIAVE, Italy —June 30, 2026— GE Vernova today announced the completion of the modernization of its high-voltage research and development (R&D) laboratory at its Noventa di Piave site, near Venice, Italy. The lab tests equipment that helps electricity move safely from where it is produced to where it is needed. The project is part of a broader four-year investment of approximately $7.2 million to strengthen the site’s role in developing technologies for more reliable, flexible and resilient power grids.

As electricity demand grows and more renewable energy connects to the grid, utilities need modern equipment that can perform under more demanding conditions. The upgraded laboratory will help GE Vernova test critical equipment, including transformers and disconnectors, before it is deployed in electricity networks. 

“Reliable grids depend on technologies that have been tested, validated and proven for the most demanding operating conditions,” said Eric Chaussin, VP & CEO, Power Transmission, GE Vernova. “This investment in Noventa strengthens our ability to innovate in Italy, respond to customer needs more quickly and support the delivery of more resilient power systems for customers in Italy and around the world.”

The investment builds on GE Vernova’s continued investment across its Italian electrification footprint, including the recently announced expansion of its manufacturing capacity in Sesto San Giovanni, valued at more than $30 million.

The Noventa di Piave facility is part of GE Vernova’s Electrification segment. With more than 50 years of experience, the Noventa di Piave site has become an important part of GE Vernova’s industrial footprint in Italy. The facility currently employs more than 300 people and plans to add approximately 15 new hires annually over the coming years. The modernization project supports the site’s long-term growth, helps attract skilled talent and strengthens its contribution to the local economy.

GE Vernova’s facilities in Noventa di Piave and Sesto San Giovanni are important parts of the company’s industrial presence in Italy. Together, they bring manufacturing, research and testing capabilities that support Italy’s electricity infrastructure and serve customers in export markets around the world.

GE Vernova has supported Italy’s power sector for more than 100 years. Today, approximately 25% of Italy’s power capacity is enabled by GE Vernova technology.

The investment is part of our larger plans to invest $11B in capex and R&D from 2025 through 2028. 

Meeting the urgent challenge of the global energy transition requires solving massive infrastructure hurdles at unprecedented speed. It means mastering the invisible forces that dictate performance: the airflow around wind turbine blades, the effect of moisture trapped inside a power transformer, the change of phase from liquid to gas within a small modular nuclear reactor.