FTAI Aviation Wants To Use Jet Engines To Power Data Centres

A publicly traded aviation giant has a new ambition: powering data centres with jet engines.

What’s happening:

• FTAI Aviation (NASDAQ: FTAI) has launched a new division known as FTAI Power to convert CFM56 jet engines into power turbines
  

Why it matters:‍

• FTAI Aviation has publicly stated their new power turbines will be capable of providing 25 megawatts of power and be installed directly on site as modular units to provide data centres with electricity
  

Going deeper:‍

• FTAI Aviation has also publicly stated they plan to imminently manufacture 100 new modular power turbines from CFM56 jet engines as part of their initial rollout and production scale up
  
• Both GE Vernova (NYSE: GEV) and Siemens have been deploying jet engine derived gas turbines directly on location at data centres globally for electricity and backup power

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