ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Verizon Business collaborates with GE Vernova to Deliver Utilities Enhanced Grid Modernization Solutions

NEW YORK, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Verizon Business today announced the GE Vernova MDS™ Orbit, an industrial wireless platform that enables utility companies to secure and protect their networks and assets, is now available on Verizon's award-winning network. The combined offering enables GE Vernova customers a secure, reliable and flexible solution to modernize and manage their electrical grid.

“As Utilities accelerate their digital transformation, they need communication platforms that are resilient, intelligent, secure and efficient”, said Mitesh Parikh, Product Line Leader, GE Vernova. “The MDS™ Orbit platform, powered by Verizon’s cellular network, enables our customers to modernize their grid operations with confidence – delivering the performance required for SCADA, automation, and other critical applications. Together with Verizon, we are helping utilities build the grid of the future with the connectivity and flexibility they need.”

The MDS™ Orbit platform provides a robust and resilient communications backbone for a wide range of applications, including SCADA, automation, and workforce mobility. By adding Verizon’s award winning network to the platform, utilities can help accelerate their transition to a more sustainable and resilient energy future.

"The energy grid is undergoing a massive transformation, and utilities require reliable and flexible communications to manage this evolution," said Jim Kilmer, VP, Global Enterprise Americas, Verizon Business. "Our collaboration with GE Vernova is about co-innovating to meet this critical need. By integrating our network with the MDS™ Orbit platform, we are providing a powerful solution to help utilities accelerate their grid modernization efforts and deliver more resilient and efficient energy services to their customers."

This latest collaboration builds on Verizon and GE Vernova’s long-standing, strategic partnership bringing together Verizon's leadership in wireless technology and GE Vernova's deep expertise in industrial applications. 

For more information, visit GE Vernova MDS™ Orbit and Managed Wireless Solution, powered by Verizon, and contact get.wireless@gevernova.com.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.8 billion in 2024. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.

About GE Vernova
GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across approximately 100 countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact: 
Erin Cheever
erin.dowling@verizon.com


Primary Logo

Recent Quotes

View More
Symbol Price Change (%)
AMZN  244.22
+0.00 (0.00%)
AAPL  270.37
+0.00 (0.00%)
AMD  256.12
+0.00 (0.00%)
BAC  53.45
+0.00 (0.00%)
GOOG  281.82
+0.00 (0.00%)
META  648.35
+0.00 (0.00%)
MSFT  517.81
+0.00 (0.00%)
NVDA  202.49
+0.00 (0.00%)
ORCL  262.61
+0.00 (0.00%)
TSLA  456.56
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.