Montana Technologies and GE Vernova completed the formation of a joint venture.

Montana Technologies, an atmospheric thermal energy and water harvesting technology company, and GE Vernova, an energy company, completed the formation of a joint venture. Financial terms were not disclosed. "As we work to electrify and decarbonize the world, supporting and scaling breakthrough technologies will be critical to the energy transition. By leveraging the work of our Advanced Research team with Montana's technology, AirJoule® represents a strong step forward in reducing energy use and carbon emissions in the air conditioning industry and the future of air-to-water generation," Scott Strazik, GE Vernova CEO.