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.

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.

Roger Martella, GE Vernova’s chief corporate officer and chief sustainability officer, used to tell the story of the company by starting in the past. He felt the weight of history as he made his way to work each morning, remembering how Thomas Edison built the world’s first commercial power plant on Pearl Street in Manhattan, a small coal-fired station that powered more than 10,000 incandescent lamps, before founding the General Electric Company in 1892. 

Earlier this week, GE Vernova released its 2025 Sustainability Report. We encourage you to review the materials on GE Vernova’s dedicated Sustainability website.

Key highlights from 2025 Sustainability Report:

Cambridge, MA (June 17, 2026) – GE Vernova Inc. (NYSE: GEV) today released its 2025 Sustainability Report, demonstrating continued progress toward its mission to electrify the world to thrive and decarbonize, with an emphasis on moving bold and innovative breakthrough technologies from concepts to reality.  

The company’s annual sustainability reporting highlights milestones for bringing new global power generation online the world needs to expand energy access, including in developing and emerging economies, while doing so at a lower carbon intensity than the global grid average. The annual summary also noted additional investments around the world in workforce training for the energy sector’s next generation of leaders and continued reductions to the company’s Scope 1 and 2 emissions. 

“At its core, our work is not only about electrons and emissions,” said Scott Strazik, GE Vernova CEO. “Energy is about people, and we’re working to electrify the planet in a way that enables individuals, communities, and economies to thrive, every day.” 

“The story of GE Vernova is one of an unrelenting focus on delivering the technologies the world needs not just today, but importantly for the decades ahead,” said Roger Martella, Chief Corporate Officer and Chief Sustainability Officer. “I have never been more optimistic about our ability to help meet not only the needs of today, but of the generations that follow.” 

The new Sustainability Report showcases the company's comprehensive sustainability strategy based on a refreshed sustainability framework which is underpinned by 5 Charges, the bold ambitions driving how the company delivers impact to achieve its sustainability goals. Progress on these goals is driven by the four strategic pillars of the sustainability framework: Electrify, Decarbonize, Conserve, and Thrive. 

2025 Progress includes:  

ELECTRIFY: Catalyze access to more secure, sustainable, reliable, and affordable electricity, and help drive global economic development 

• In 2025, GE Vernova brought 26 GW of new generating capacity online, the approximate equivalent of the installed generating capacity of the U.S. state of Louisiana, with 47% deployed in developing and emerging economies.  
• Across grid infrastructure, 68 GW of new power transformers were energized, equivalent to the approximate installed generating capacity of Egypt, with 33% in developing and emerging economies.  
• Approximately 10,700 students and learners have been reached through the GE Vernova Foundation’s workforce development programs since the beginning of 2024, with an overall goal to reach 30,000 learners by 2030.  

DECARBONIZE: Invent, deploy, and service the technology to help decarbonize our world 

• New power generating capacity of our equipment brought online is ~31% below the global average carbon intensity of the existing grid, demonstrating that electrification with our equipment has an impact on reducing the carbon intensity of the grid. 
• 22 million metric tons of CO₂ avoided last year by deploying technologies with lower carbon emissions than the current standard for the relevant grid. This is the equivalent to 5.1 million gasoline-powered passenger vehicles driven in one year. This is a relevant data point for how we deploy technologies with favorable emissions profiles as compared to what may otherwise be deployed. 
• We document 2025 step change progress on our breakthrough technologies, including small modular nuclear reactors, carbon capture and storage, direct air capture, and ammonia and hydrogen as fuels.  

Breakthrough technologies moving from concept to reality: 

As part of the company’s focus on innovating for the future, the 2025 Sustainability Report highlights step change progress on breakthrough technologies: 

• Small Modular Reactors (SMRs): In April 2025, GE Vernova Hitachi received the first license issued to construct an SMR in Canada. Construction on the GE Vernova Hitachi (GVH) BWRX-300 at Ontario Power Generation’s (OPG) Darlington site in Clarington, Ontario started in May 2025. The project will deliver the first operating commercial SMR in the Western world. 
• Carbon Capture & Storage (CCS): Construction began on the Net Zero Teesside (NZT) Power station in the United Kingdom in 2025 – once completed, it is expected to be the world's first commercial-scale gas power plant equipped with carbon capture and storage. The facility is expected to generate over 740 MW of lower-carbon power. 
• Direct Air Capture (DAC): The company’s 10-ton-per-year DAC pilot system at its Advanced Research Center in Niskayuna, New York is now operational, capturing CO₂ directly from ambient air across a wide range of operating conditions. Our DAC system will soon be deployed at Deep Sky Alpha in Alberta, Canada, becoming the world’s first cross-technology CO₂ removal hub. 
• Ammonia and Hydrogen Fuel Capabilities: GE Vernova and IHI completed a new Large-scale Combustion Test (LCT) facility engineered to test advanced ammonia combustion systems at GE Vernova’s F-class gas turbine operating conditions. Also, GE Vernova successfully completed the validation test campaign of a hydrogen Dry Low Nox (DLN) combustor for B- and E-class gas turbines, demonstrating robust operations on natural gas and hydrogen blends and on 100% hydrogen with dry emissions below 25 ppm NOx. 

CONSERVE: Innovate more, while using less, safeguarding natural resources 

• In 2025, GE Vernova reduced its Scope 1 and 2 (market based) greenhouse gas emissions footprint by 27% year-over-year across our operations, with a 64% reduction since 2019. 
• GE Vernova’s Circularity Brochure details the company’s Circularity efforts, highlights include: 53% of GE Vernova's top products are now covered by its 4R circularity framework (Rethink, Reduce, Reuse, Recycle), with 76% of products covered by Life Cycle Assessments or Environmental Product Declarations. 

THRIVE: Advance safe, responsible, and fair working conditions in our operations and across our value chain 

• GE Vernova’s 2025 Human Rights Statement provides detailed information on the company’s efforts to enhance due diligence processes, risk assessments, and other actions taken in 2025 across the human rights program.  
• GE Vernova’s new Code of Conduct marks a significant milestone for the evolution of the ethics and compliance program, shifting from a rules-based framework to a values-based foundation.  
• The GE Vernova Foundation helped support thriving people and communities by distributing $12.8 million in total GE Vernova family giving, and $800,000 in disaster relief and recovery aid to communities affected by global disasters in 2025. 
• The company achieved recognition for its inclusion efforts, earning "Best Company: Culture" and "Best Company: Work-Life Balance" honors from Comparably.

Empowering AI For Customers, Company and Communities 

As AI transforms how the world works, GE Vernova is using the power of automation and Artificial Intelligence to transform energy into solutions. The company is working to drive greater efficiency, higher quality, and innovation that can improve outcomes for our customers, company, and communities. 

The report details how GE Vernova is scaling AI infrastructure for customers, pursuing AI as a key area of growth and innovation within the company, and establishing key partnerships with organizations in our communities to explore and evaluate potential solutions that aim to use AI for sustainability-related use cases. 

Electrification Impact Tracker 

Released alongside the 2025 Sustainability Report today is GE Vernova’s newly launched Electrification Impact Tracker, available on GE Vernova’s sustainability website. By visualizing the gigawatts of new power generating capacity added and technologies deployed to power homes in various regions, the Impact Tracker illustrates our company's global impact electrifying the planet and supporting people and communities so everyone can thrive.  

A New Way of Solving Energy Access 

In April 2025, GE Vernova hosted the first-of-its kind Mendoza Collective Action Summit. Over three days in Mendoza, Argentina, 15 global leaders from across the public, private, and academic sectors came together to confront a shared challenge: how to accelerate access to affordable, reliable, and sustainable energy for all. 

What emerged was a shared sense of urgency that we need new ways of working together, which led to the development of a set of shared foundational values to guide this work, known as the Mendoza Principles. The report outlines the principles and actions that the energy industry must take to meet rapidly growing energy demand while delivering sustainable development for the benefit of our communities. Read the Mendoza Report here. 

“2025 marks the transformative moment where GE Vernova’s story became squarely focused on serving the future. The world’s growing needs are changing, and we need to change to be ahead of it,” Martella said. 

GE Vernova is a signatory of, and participant in, the UN Global Compact (UNGC). The United Nations Sustainable Development Goals (UN SDGs) provide 17 objectives to help address the most pressing global challenges. Our sustainability efforts align with ten of the 17 SDGs. 

The full 2025 Sustainability Report is available at https://www.gevernova.com/sustainability/reports-data.