GE Vernova and Montana Technologies Close Joint Venture to Manufacture Transformational Air Conditioning and Atmospheric Water Harvesting Products [Yahoo! Finance]
Power & Digital Infrastructure Acquisition II Corp. (XPDB)
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Source: Yahoo! Finance
AirJoule Will Combine GE Vernova's Proprietary Sorbent Materials and Coating Process with Montana's Patented Process and System into Various Air Conditioning Components and Water Harvesting Products, Building on Strategic Partnerships with BASF, CATL, Carrier, US Department of Energy, and the Rice Investment Group CAMBRIDGE, Mass. and RONAN, Mont. March 11, 2024 /PRNewswire/ -- GE Vernova, a global leader in electrification, decarbonization, and energy solutions, today announced the close of a 50/50 joint venture (JV) with Montana Technologies LLC that will incorporate GE Vernova's proprietary sorbent materials into systems that utilize Montana's patented AirJoule® dehumidification, air conditioning, and atmospheric water harvesting technology. The new JV, named AirJoule, LLC, is one of the first business transactions from GE Vernova's new Ventures and Incubation group, which is bringing leading energy transition innovations to customers by collaborating with startups. The AirJou
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News
- GE Vernova and Montana Technologies Close Joint Venture to Manufacture Transformational Air Conditioning and Atmospheric Water Harvesting ProductsPR Newswire
- Power & Digital Infrastructure Acquisition II Corp. (XPDB) and Montana Technologies Exceed $50 Million in Private Capital Commitments, Led by Carrier and Rice Investment Group, Expected to Satisfy Minimum Cash Condition and Clears the Way for Montana's PAcquire Media Monitor
- Power & Digital Infrastructure Acquisition II Corp. (XPDB) and Montana Technologies Exceed $50 Million in Private Capital Commitments, Led by Carrier and Rice Investment Group, Expected to Satisfy Minimum Cash Condition and Clears the Way for Montana's PPR Newswire
- Montana Technologies Announces Investment From Rice Investment GroupPR Newswire
XPDB
Sec Filings
- 3/14/24 - Form 425
- 3/14/24 - Form 8-K
- 3/14/24 - Form 25-NSE
- XPDB's page on the SEC website