GE Aerospace Stock Price, News & Analysis

GE Digital has announced its acquisition of Opus One Solutions Energy Corporation, enhancing its ability to optimize energy planning and market management for electric utilities. This merger combines GE's century of innovation with Opus One's advanced GridOS® technology, aimed at facilitating the integration of renewable energy and Distributed Energy Resources (DERs) across the grid. The transaction is set to close within 30 days, allowing utilities to better manage and trade renewables, thereby supporting a sustainable energy future.

GE (NYSE:GE) has completed the acquisition of BK Medical for $1.45 billion, expanding its $3 billion Ultrasound business into advanced surgical visualization. This strategic move is expected to create significant synergies, enhancing BK Medical's capabilities and market reach. Under current CEO Brooks West, BK Medical will operate within GE Healthcare, focusing on real-time surgical imaging technology aimed at improving surgical outcomes. The acquisition aligns with GE's history of successful healthcare innovations, further solidifying its position in the industry.

Technip Energies and GE Gas Power have partnered to conduct a Front-End Engineering Design (FEED) study for the Net Zero Teesside (NZT) Power project in the UK. This groundbreaking project focuses on developing a large-scale amine-based carbon capture solution alongside an 860MW natural gas power station. Following the FEED study, the consortium will be invited to bid for the construction contract. The collaboration aims to decarbonize operations and establish the region as the UK's first decarbonized industrial cluster, utilizing Shell’s Cansolv CO2 capture technology with a planned capacity of 2 million tons per annum.

The Board of Directors of GE (NYSE: GE) declared a $0.08 per share dividend on its common stock, payable on January 25, 2022. Shareholders of record as of the close of business on December 21, 2021 will receive this dividend, with the ex-dividend date set for December 20, 2021.

This dividend reflects GE's continued commitment to returning value to its shareholders while maintaining a focus on innovation and operational excellence.

GE Digital has announced a groundbreaking collaboration with UK Power Networks on the Constellation project, aimed at enhancing the electricity distribution network in the UK. This initiative will integrate more renewable energy sources, potentially saving over £750 million for consumers by 2050 and reducing CO₂ emissions by approximately 17.8 million tons. The project will install smart substations equipped with GE's PhasorController technology, enhancing network resilience and enabling efficient renewable energy integration.

GE Digital has partnered with Ameriflight, the largest Part 135 cargo airline in the U.S., to implement its Aviation Asset Records software. This cloud-based solution digitizes and archives maintenance records to enhance decision-making in flight operations. The system includes a custom dashboard using Microsoft Power BI for tracking maintenance data, aiming to improve operational efficiency and real-time metrics visibility. Ameriflight boasts a fleet of over 150 aircraft, significantly playing a role in global supply chains alongside UPS and FedEx.

GE Digital has been recognized as a leader in the Guidehouse Insights Leaderboard for AI vendors in Distributed Energy Resource (DER) integration, scoring 79.8 overall. The strong position is attributed to its extensive portfolio of AI solutions and innovative analytics capabilities that enhance grid management.

This recognition highlights GE Digital’s commitment to addressing the challenges of renewable energy adoption and grid stability, leveraging advanced technologies like machine learning and predictive analytics.

GE Digital has announced the implementation of its Advanced Distribution Management System (ADMS) at DTEK Kyiv Grids in Ukraine. This initiative aims to centralize small dispatching centers and improve real-time network management. By adopting this technology, DTEK Grids seeks to enhance service reliability for 5.4 million households and 150,000 enterprises. The project is part of a larger digital transformation strategy, and the ADMS will be deployed across six sites over two years to facilitate predictive and autonomous grid management.

GE Healthcare has announced collaborations with SOPHiA GENETICS, the University of Cambridge, and Optellum to enhance cancer care accessibility and outcomes. The partnerships aim to integrate advanced technologies and data from various sources to improve early diagnosis and treatment of cancer. Notably, the collaborations will leverage GE's Edison platform alongside SOPHiA DDM™ and Optellum's AI capabilities for lung cancer diagnosis. The rise in cancer cases, projected to reach 29.5 million annually by 2040, underscores the need for data-driven medicine.