MTU Aero Engines AG sold Vericor Power Systems, a marine and industrial gas turbine OEM, to US private equity company CSL Capital Management. No financial details were provided.
CSL Capital Management formed Kanaci Technologies, integrating BJ Energy Solutions' technology, and acquired Vericor Power Systems, a supplier of aeroderivative gas turbines. Vericor will operate as a subsidiary of Kanaci Technologies.
Vericor Power Systems and Atlas Copco Gas and Process entered into an agreement to use Vericor's gas-driven turbines to power Atlas Copco's integrally geared centrifugal compressors, targeting the gas compression market.
Atlas Copco Gas and Process has formed a strategic alliance with Vericor Power Systems to manufacture integrally geared centrifugal compressors and companders powered by Vericor gas turbines.
Vericor Power Systems signed a strategic alliance with Atlas Copco Gas and Process to power integrally geared centrifugal compressors and Companders with Vericor gas-driven turbines.
Parker Aerospace announced a contract to 3D print fuel atomization nozzles and dual fuel manifold assemblies for Vericor Power Systems' TF50F oil field gas turbines, using electron-beam technology.