The two companies will develop the next phase of technology and engineering for the gas turbine combustion system, which will be compatible with GE Vernova’s 6F.03, 7F and 9F gas turbines.

The analysts suggested the company could benefit from rising prices for gas turbines. GE Vernova is set to report fourth-quarter results on Jan. 22. GE Vernova (GEV) shares jumped Tuesday after ...