# Montana Technologies and GE Vernova agree to form joint venture for HVAC and water harvesting

Montana Technologies LLC and GE Vernova have agreed to form a 50/50 joint venture to manufacture air conditioning and atmospheric water harvesting products combining GE Vernova's sorbent materials with Montana's AirJoule system. 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

- [General Electric](https://endata.com/companies/1262.md) (partner)
- [Montana Technologies](https://endata.com/companies/70669.md) (partner)

## Sources

- [airjouletech.com](https://airjouletech.com/2024/01/29/montana-technologies-and-ge-vernova-agree-to-form-a-joint-venture-to-manufacture-transformational-air-conditioning-and-atmospheric-water-harvesting-products/), 2024-01-29: "Montana Technologies LLC today announced an agreement to form a joint venture with GE Vernova to incorporate GE Vernova's proprietary sorbent materials into systems that utilize Montana's patented AirJoule technology."

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