Let’s say you’re a developing country whose power grid is saddled with inefficient oil-fired power generation and you need to electrify quickly to meet the needs of a fast-growing economy. You might build out your solar, wind, battery storage, natural gas, or all of the above — but who can you call for help and advice?

NEW YORK CITY (September 24, 2025) – GE Vernova and Deep Sky, the world’s first technology-agnostic carbon removal project developer, announced an agreement to deploy GE Vernova's Direct Air Capture (DAC) technology at Deep Sky Alpha in Alberta, Canada. GE Vernova's technology will be capable of capturing up to 1,500 tons of carbon per year. With operations scheduled to begin by late 2026, Alpha will deploy GE Vernova’s proprietary solid sorbent technology, developed and rigorously tested at the company’s Advanced Research Centers.

Located in Innisfail, Alberta, Deep Sky Alpha is the world’s first cross-technology carbon removal hub which became operational in August 2025.

“We are excited about this first-of-its-kind collaboration, which marks an important step in advancing GE Vernova’s scalable, energy-efficient DAC solutions,” said Brian Moran, Executive Director of GE Vernova’s DAC program. “While the technology and industry are still emerging, collaborations like this, built on shared ambition and complementary strengths, have the potential to transform the future of carbon removal.”

GE Vernova DAC solutions couple innovative technology with resilient global supply chains that enable rapid deployment, as well as integrated systems engineering that improves energy use, harnesses waste heat, and ensures reliable operations at scale.

To further support the success of the Deep Sky Alpha project and future deployments, GE Vernova recently commissioned a 10-ton per year DAC test facility at their Advance Research Center in Niskayuna, New York. This system will play a pivotal role in demonstrating the capabilities of both the sorbent materials and the overall DAC technology, building confidence in its reliability and performance at the pilot stage and laying the groundwork for successful commercial-scale deployment.

“Deep Sky is the only place in the world offering end-to-end deployment, operations, renewable power and CO2 storage for DAC technologies, all in real world conditions,” said Alex Petre, CEO of Deep Sky. “GE Vernova entering this space underscores the growing momentum and urgency for DAC as a climate solution. We’re proud to welcome their unit to Deep Sky Alpha and to serve as the proving ground that sets the pace for the industry’s growth.”

The collaboration between Deep Sky and GE Vernova represents an important first step in deploying this innovative technology at speed and scale. It sets the foundation for future commercial-scale DAC projects in Canada, and internationally, as both organizations focus on the scale-up and industrialization of these solutions.

Together, GE Vernova and Deep Sky are committed to developing and deploying cutting-edge carbon dioxide removal (CDR) technologies. High-quality CDR is essential for achieving emissions goals. DAC removes carbon dioxide (CO₂) directly from the atmosphere using chemical processes. Unlike capturing emissions at their source (like power plants or industrial facilities), DAC removes CO₂ from ambient air, which makes it useful for addressing residual emissions and emissions from sources that are hard-to-abate, such as aviation, shipping, or heavy industry.

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About Deep Sky
Montreal-based Deep Sky is the world's first tech-agnostic carbon removal project developer aiming to remove gigatons of carbon from the atmosphere and permanently store it underground. As a project developer, Deep Sky brings together the most promising direct air and ocean carbon capture companies under one roof to bring the largest supply of high quality carbon credits to the market, commercializing and catalyzing carbon removal and storage solutions like never before. With $130M in funding, Deep Sky is backed by world class investors including Investissement Québec, Brightspark Ventures, Whitecap Venture Partners, OMERS Ventures, BDC Climate Fund, Breakthrough Energy Catalyst, BMO, National Bank of Canada, and more. For more information, visit deepskyclimate.com.

Like many science-obsessed kids in the 1990s, William Tan wanted to be an astronaut when he grew up. Then came a reality check. “I realized I wasn’t a citizen of a country that sent people to space,” says Malaysian-born-and-raised Tan, who is now senior robotics and autonomous systems engineer at GE Vernova’s Advanced Research Center in Niskayuna, New York.

American author and activist Helen Keller once observed that “optimism is the faith that leads to achievement.” Could optimism itself, therefore, be harnessed as a strategy? GE Vernova thinks so. At just one year old, the standalone energy technology company is remaking itself into a key player in the global energy transition.

Foundational repositories like the ArcGIS Living Atlas of the World and the NOAA’s World Weather Records serve as libraries rich with the critical data used to analyze trends and forecast possible futures by multiple industries across the world. As we head into electricity’s expansive golden age, our knowledge base requires a similar specialized collection: intelligence and fine detail on global power systems.

Before being accepted to the Indian Institute of Science, Rajib Datta contemplated a career as a fine artist. “I was good at math and physics, so I knew engineering or science was probably in my future,” he says. But he felt equally adept in the field that he’d pursued since childhood. A natural draftsman and painter, Datta still executes figurative works and sketches today, and now senses a resonance between visual art and his pioneering work with GE Vernova in the field of power electronics.

NISKAYUNA, NY (March 12, 2025) – GE Vernova Inc. (NYSE: GEV) in collaboration with Energy System Group (ESG), Sage Geosystems (Sage), The Energy & Geoscience Institute at The University of Utah (EGI), announced that they were selected by U.S. Air Force and the Department of Defense’s Chief Digital and Artificial Intelligence Office (CDAO) to explore how to tap into America’s abundant geothermal energy supply to increase our national security.

This team, which has achieved "Awardable" status, is led by ESG. With over 30 years of experience working on military bases to provide power security and advanced mission readiness, Energy Systems Group will take the lead in designing power plants at Department of Defense (DoD) installations and developing a robust business model for each project. The team is strengthened by GE Vernova’s contributions from its Advanced Research, Power Conversion & Storage, and Grid Solutions businesses, which bring cutting-edge power conversion and microgrid technology, as well as battery energy storage systems integration (BESS).

The team is also supported by the Energy & Geoscience Institute at The University of Utah (EGI), which brings over 30 years of experience in geothermal resource exploration and characterization. Additionally, Sage will contribute its patented, proven pressure geothermal system, which operates like a multi-cylinder engine, utilizing two wells in an injection and production pattern to maximize efficiency and sustainability.

With this expertise, the team is now poised to explore the development of utility-scale geothermal power plants in the United States and abroad, with the goal of supplying U.S. military bases with reliable and cost-effective electricity, even during grid outages. This team was selected through the CDAO’s innovative solicitation process known as the Tradewinds Solutions Marketplace, which is designed to accelerate the procurement and adoption of mission critical technologies, such as Artificial Intelligence, Machine Learning, and resilient energy technologies.

“The U.S. Air Force leveraged the Tradewinds solicitation process to quickly collaborate with innovative American companies to build resilient, next-generation geothermal technologies at our bases, using private capital instead of taxpayer dollars,” said Mr. Kirk Phillips, Director, Air Force Office of Energy Assurance.”

GE Vernova's video, “GEO2X,” or “Advanced Geothermal Energy-to-Everything,” accessible only by government customers on the Tradewinds Solutions Marketplace, presents a solution that could provide 5-megawatt energy resilience 24-7 at about 50 DoD sites along the western Gulf of America and to the west of 101 degrees longitude. The solution includes geothermal assessment expertise (EGI and Sage), drilling (Sage), power conversion, delivery, microgrid design and control (GE Vernova), hydrogen generation and storage (GE Vernova), and power generation and project development (Energy System Group).

“We are excited to play a role in helping unleash American’s energy dominance with secure, plentiful, geothermal energy,” Steve Smith, Energy Systems Group’s V.P. of Federal Business, “We are honored to lead this innovative team that brings a wide range of technology and experience to help the DoD safeguard mission-critical operations.”

This team was recognized among a competitive field of applicants to the Tradewinds Solutions Marketplace whose solutions demonstrated innovation, scalability, and potential impact on DoD missions. Government customers interested in viewing the video solution can create a Tradewinds Solutions Marketplace account at tradewindAI.com.

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Photo information
LINCOLN, NEBRASKA, UNITED STATES | 03.01.2025
Photo by Staff Sgt. Alexander Schriner  | 155th Air Refueling Wing, Nebraska Air National Guard
Image use courtesy of Defense Visual Information Distribution Service

"The appearance of U.S. Department of Defense (DoD) visual information does not imply or constitute DoD endorsement."

Source: Pages 46-47 of DoD Instruction 5410.19 Volume 1, “Community Outreach Activities: Policy Overview and Evaluation”, September 29, 2021.

About Energy Systems Group
Energy Systems Group (ESG) is a leading provider of performance-driven energy and infrastructure solutions nationwide. We design, build, and guarantee solutions that improve the reliability, efficiency, and lifespan of critical facilities in the education, government, healthcare, commercial, and industrial sectors. With a commitment to delivering reliable and proven solutions, Energy Systems Group takes a comprehensive approach to facility transformation. Visit energysystemsgroup.com to learn more.

About Sage Geosystems
Sage Geosystems is a leader in the next-generation geothermal industry, pioneering the use of Pressure Geothermal. Pressure Geothermal leverages both the heat and the pressure of the earth to enable three applications: energy storage, power generation and district heating. Sage is enabling geothermal to be deployable globally. For more information, visit www.sagegeosystems.com

About The Energy & Geoscience Institute at The University of Utah
The Energy & Geoscience Institute (EGI) is a multidisciplinary energy institute at the University of Utah. Over its 50-plus year existence, EGI has performed groundbreaking petroleum and geothermal exploration research around the world and has worked on innovative geothermal technologies. EGI manages FORGE (Frontier Observatory for Research in Geothermal Energy), a U.S. Department of Energy flagship project.

About the Tradewinds Solutions Marketplace
The Tradewinds Solutions Marketplace is a digital repository of post-competition, readily awardable pitch videos that address the Department of Defense’s (DoD) most significant challenges in the Artificial Intelligence/Machine Learning (AI/ML), data, and analytics space. All awardable solutions have been assessed through complex scoring rubrics and competitive procedures and are available to Government customers with a Marketplace account. Government customers can create an account at www.tradewindai.com. Tradewinds is housed in the DoD’s Chief Digital Artificial Intelligence Office. For more information or media requests, contact: [email protected]

About the Air Force Office of Energy Assurance
The Air Force Office of Energy Assurance (AF OEA), a directorate of the Air Force Civil Engineer Center (AFCEC), develops energy solutions that close energy resilience gaps and strengthen our nation's Air Force and Space Force installations at home and abroad. By leveraging the expertise of the energy community, AF OEA builds tailored energy solutions for each installation that are resilient, innovative, and cost-effective. For more information visit: https://www.afcec.af.mil/energy 

CAMBRIDGE, Mass. (March 4, 2025) – GE Vernova Inc. (NYSE: GEV) and Amazon Web Services, Inc (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced the signing of a strategic framework agreement (SFA) aimed at supporting AWS’s data center scaling, and collaborating to address increasing global energy demand, advance grid security and reliability, and decarbonize electric power systems.

Through this collaboration, GE Vernova will provide AWS with new offerings across a broad scope of solutions to electrify and decarbonize data centers across North America, Europe, and Asia, including:

• Electrification Systems: GE Vernova will continue to provide AWS with turnkey substation solutions to enable connectivity of AWS data centers to the grid, including expansion of major electrical equipment, project management, and construction support, across multiple sites globally. AWS and GE Vernova engineering teams will continue to work together to optimize data center substation design and delivery.
• Renewables: GE Vernova will collaborate with AWS to enhance the path for commercializing onshore wind development projects.
• Power Generation, Innovation and Services: GE Vernova and AWS will also explore additional opportunities for GE Vernova to provide power generation equipment and services to AWS as well as work with GE Vernova’s accelerator businesses – Advanced Research, Consulting Services, and Financial Services – to advance energy transition innovation, research, project development, and financing.

Pablo Koziner, Chief Commercial Officer, GE Vernova said, “We are excited to work in collaboration with AWS as they advance their computing capabilities and data center capacity. We believe that GE Vernova is well positioned through its broad portfolio of energy products and services to help AWS obtain reliable, cost effective, and more sustainable electricity for its data centers in support of their growth objectives. We appreciate the opportunity to work strategically with a company that embraces innovative solutions and values strong collaboration.”

Under this new collaboration, AWS will provide GE Vernova cloud services solutions to advance its cloud migration and digital innovation efforts, including through generative AI. AWS’s cutting-edge capabilities will support GE Vernova’s continued transformation as a standalone, public company as it enhances its systems and processes and further embeds sustainability and innovation into its core operations. The extended collaboration will introduce new potential technologies and cloud services, including AWS High Performance Computing (HPC). The collaboration will also help GE Vernova accelerate development cycles and optimize operations for advanced digital technology solutions through large computational power and cloud elasticity. AWS and GE Vernova will further work together to identify opportunities to accelerate GE Vernova’s operational goals, leveraging AWS technologies in artificial intelligence, big data, and data analytics.

Additionally, AWS will continue to collaborate with GE Vernova’s Electrification Software business to help support AWS Cloud deployments of software for the electric grid, power generation, and manufacturing industries.

“Through this expanded collaboration with GE Vernova, we’ll be able to accelerate data and energy efficiencies, driving reliable and more sustainable operations,” said Howard Gefen, general manager, energy & utilities, AWS. “Our shared goals of addressing increased global energy demand, advancing grid security, and decarbonizing electric power systems will help our customers across the globe.”

GE Vernova previously announced agreements to collaborate with AWS to help support cloud deployments of software to benefit electric utilities, energy organizations, manufacturers, and other industrial businesses. Through these collaboration arrangements, several of GE Vernova’s software solutions—including various applications within its GridOS® orchestration software portfolio, as well as Asset Performance Management—are hosted in the AWS Cloud.

Financial terms of this agreement are not disclosed.

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About GE Vernova
GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification 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 75,000 employees across approximately 100 countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.

About Amazon Web Services
Since 2006, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, media, and application development, deployment, and management from 114 Availability Zones within 36 geographic regions, with announced plans for 12 more Availability Zones and four more AWS Regions in New Zealand, the Kingdom of Saudi Arabia, Taiwan, and the AWS European Sovereign Cloud. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.

About Amazon
Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.

Forward Looking Statements
Except for the historical and factual information contained herein, the matters set forth in this press release, including statements related to the benefits of the parties’ collaboration, the parties’ business outlook and potential future operations or transactions, and that may be identified by words such as “will,” “believes,” “expects,” “plans” and similar expressions, are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including the risks that the parties’ anticipated benefits from their agreement and continued collaboration may take longer to be realized or be less than currently anticipated, that the benefits of AI and other emerging technologies may take longer to be realized or be less than currently anticipated, or that certain of the parties’ plans for future changes may be more difficult or time consuming to implement than currently expected. Many of these risks, uncertainties and assumptions are beyond the parties’ control. Actual events and results may differ materially from those anticipated, estimated or projected if one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date made. Unless legally required, neither party undertakes any obligation and expressly disclaims any such obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

In Türkiye, demand for electricity is surging. With a growing — and urbanizing — population, the country ranks 15th in the world in annual energy production, outpacing several nations with much larger populations.

NISKAYUNA, NY (January 29, 2025) – To help deliver on the world’s growing energy demands and the breakthrough technologies of tomorrow, New York Governor Kathy Hochul and GE Vernova Inc. (NYSE:GEV) today announced a planned investment of more than $105 million into the company’s Advanced Research Center in Niskayuna, New York. This investment is expected to strengthen the Center’s electrification and decarbonization efforts, enable continued recruitment of top-tier talent, and push forward transformative technologies including carbon dioxide removal, alternative fuels for power generation, the grid of the future, critical infrastructure security and more.

The State of New York has committed $9.635 million in tax credits through Empire State Development (ESD) to the project, with GE Vernova making a planned investment of nearly $100 million in 2025. Schenectady County Metroplex Development Authority has also been invited by ESD to apply for potential FASTNY grant funds to supplement infrastructure build out at the site.

“The clean energy future is bringing new investments, good-paying jobs and a cleaner environment to our state, and we’re proud to work alongside GE Vernova as we further our shared vision in Niskayuna and beyond,” Governor Hochul said. “New York is becoming a leading manufacturing and R&D hub for clean energy; bringing us closer to achieving our climate agenda and building a better, cleaner future for generations to come.”

“GE Vernova is committed to strengthening its world class research and development center designed to advance the world’s progress in the energy transition, continuing our long history of innovation here in the Capital Region” said David Vernooy, Vice President Advanced Research, GE Vernova. “This investment aims to enable game changing technologies through state-of-the-art labs, a new customer experience center, and collaboration space to advance partnerships with governments, customers, thought leaders and innovators alike. We are ready to lead, and excited about the breakthroughs this investment will bring forward.”

GE Vernova’s Advanced Research Center (ARC) team actively and closely partners with stakeholders, including the U.S. Department of Energy and the US Department of Defense. ARC plans to significantly expand its research staff, hiring 75 new researchers, and through new labs, enabling a significant step-up in research and development across multiple technologies, including:

• Carbon dioxide removal: Demonstration of a 10 ton per year Direct Air Capture system enabled by GE Vernova’s world-class sorbents, innovative cycling, and modular design.
• Alternative fuels/H2 for power generation: Combustion technologies and utilization pathways to enable low carbon intensity fuels.
• Building grid resilience: Create a highly connected, renewable ready, digitized, and more secure grid of the future.
• Advanced manufacturing technology for wind energy: State of the art robotics and AI inspection technology to drive a step change in wind blade manufacturing and quality.
• Long duration energy storage breakthrough: Enabling renewable energy to meet its full potential with low-cost reliable energy storage solutions, ranging from pumped hydro to advanced chemical storage systems.
• Critical infrastructure security: Advanced digital frameworks and robust hardware solutions for national energy assets.
• Product sustainability technology: Identifying and implementing a low carbon supply chain for critical components in sustainable energy.

Some examples of the new technologies under research and development at GE Vernova’s Advanced Research Center are detailed below.

Carbon Dioxide Removal
Carbon capture is a critical piece of the energy transition, to capture point source emissions from power generation and enable removal of carbon directly from the atmosphere. This investment will allow GE Vernova to build a cutting-edge, premier laboratory space to drive down the energy use and capital expenditure of carbon capture.

The new lab will work towards demonstration of a 10 ton-per-year Direct Air Capture test stand enabled by our world-class sorbents, innovative cycling, and modular design. This size is chosen to make necessary adjustments so the design is scalable and economical at a significant level, a necessary step to meet the world’s climate goals and ensure widespread usage of the technology.

Alternative Fuels for Power Generation
The fuels of the future will help determine how quickly and efficiently the world can electrify and decarbonize, and GE Vernova is actively working across multiple types of fuels. Developing and delivering fuels that will allow combustion without carbon, such as hydrogen or ammonia is an immediate focus, alongside longer-term work utilizing electrolyzers to create hydrogen, combine it with CO₂ and make safer, carbon-neutral synthetic fuels. 

Building Grid Resilience
GE Vernova’s Advanced Research Center team plans to invest more heavily in Multi-Terminal HVDC, a key to expanding the capabilities and functionality of the U.S. grid of the future. It will also strengthen the ability to connect multiple sources of power generation to the grid.

HVDC is a more economical and efficient way to transmit power over long distances, but current technologies do not allow for “off-ramps” between the point of generation and the end of the transmission line. For example, if an HVDC line starts in one state and delivers power to another, it cannot deliver power to areas in other states along its path. Multi-Terminal HVDC offers the possibility of coast-to-coast transmission superhighways, efficiently delivering electricity across long distances.

Additional Investment in AI
In a separate investment at the company’s Advanced Research Center, GE Vernova plans to invest $15 million into AI efforts.GE Vernova’s Advanced Research Center has a generations-long history of developing game-changing technologies, such as gas turbine technology designed to be the world's most efficient gas turbine, advanced algorithms for efficient, resilient grid planning, operations, and maintenance, small modular nuclear reactors, and 100% hydrogen combustion for carbon-free power generation.

Investing in Historic Schenectady Facility
GE Vernova also shared today nearly $90 million in planned investments at its iconic Schenectady facility.

In Schenectady, NY, as previously announced, GE Vernova is planning to hire on more than 100 new jobs in 2025, and is investing over $50 million to support capacity growth and sustainability, industrialization and quality efforts.

To further strengthen the U.S. supply chain for renewable energy through factory upgrades and tooling and fixtures investments, GE Vernova’s Wind business is planning to invest more than $30 million in Schenectady. This follows a previously announced $50 million investment to build a new manufacturing line in Schenectady that created more than 200 new jobs.

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About GE Vernova
GE Vernova is a planned, purpose-built global energy company that includes Power, Wind, and Electrification businesses and is supported by its accelerator businesses of Advanced Research, Consulting Services, and Financial Services. 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 75,000 employees across 100+ countries around the world. GE Vernova’s Advanced Research business 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. Learn more: GE Vernova and LinkedIn.

Forward-Looking Statements
This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova’s expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about memoranda of understanding and the expected impact of the relationships created thereunder, contract and project proposals, bidding processes, government review processes and competitions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company’s business operations, financial results and financial position and on the global supply chain and world economy.