# Montana Technologies and GE Vernova agree to form joint venture for AirJoule HVAC systems

Montana Technologies and GE Vernova agreed to form a 50/50 joint venture to manufacture air conditioning and atmospheric water harvesting products using GE Vernova's sorbent materials and Montana's AirJoule technology. The transaction is expected to close in Q1 2024.

- Type: Partnership
- Announced: 2024-01-29
- Where: United States
- Status: announced
- Products: air conditioning systems, atmospheric water harvesting systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [GE Vernova](https://endata.com/companies/2947.md) (partner)
- [Montana Technologies](https://endata.com/companies/70669.md) (partner)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1855474/000121390024007410/ea192376-425_power2.htm), 2024-01-29: "Our joint venture with Montana is an opportunity to make an important impact on our world, our environment, and our future."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
