The GE Brief: September 23, 2021
GE Healthcare entered into an agreement to acquire BK Medical, an advanced surgical visualization company whose technology helps clinicians see inside the patient’s body in real time during surgery and helps them make critical decisions. The $1.45 billion cash deal will help GE Healthcare “continue to expand beyond diagnostics into surgical and therapeutic interventions, simplifying decision-making for clinicians and equipping them with greater insights to deliver faster, more personalized care for their patients — representing another step toward delivering precision health,” said Kieran Murphy, president and CEO of GE Healthcare. This is the third healthcare deal since Larry Culp became GE chairman and CEO, following the acquisitions of Prismatic Sensors and Zionexa. Read more about the deal here.
Bamboo Airways To Purchase GEnx Engines For 10 Of Its Dreamliners
Vietnam’s Bamboo Airways said today it would purchase GE Aviation’s GEnx jet engines for 10 new Boeing 787-9 Dreamliner jets. The deal, valued at $2 billion at list price, also includes an option to power an additional 20 jets. The jets will fly nonstop routes between Vietnam and the U.S. “As of now, Boeing 787-9 is one of the few modern wide-body aircraft that optimally fulfill the requirements of long-distance international routes,” Bamboo said. Find out more about the deal here.
JOLP Helps Veterans Kick-Start A New Career
The Junior Officer Leadership Program at GE Aviation gives U.S. military veterans the chance to try out three different career tracks over two years as a full-time employee. Learn more and meet one of its alumni here.
GE’s Roger Martella Discusses The Climate At Axios Event
On Wednesday, during Climate Week NYC, GE Chief Sustainability Officer Roger Martella, White House national climate adviser Gina McCarthy and Environmental Defense Fund president Fred Krupp spoke at Axios’s “Energy Forward: Social Responsibility and the Social Agenda” event. A video of the talk is available here, and a story about Roger Martella and GE’s 2020 Sustainability Report can be found here.
Every year, the Society of Hispanic Professional Engineers hands out its SHPE Technical Achievement Recognition (STAR) Awards to “honor outstanding professionals for their dedication, commitment, and selfless efforts to advance Hispanics in STEM careers.” STAR Awards also “recognize a company and government agency for demonstrating significant, measurable and visible assistance to further SHPE’s programs.” In 2021, the society selected GE as the Company of the Year. GE’s Hispanic Forum is celebrating 25 years this year. “GE is committed to creating an inclusive environment where Hispanic professionals can thrive and become a culture catalyst for GE and our communities through promoting Hispanic heritage, showcasing Hispanic talent and value, and enabling strong networks and alliances,” said Tony Denhart, university relations director at GE. The STAR Awards ceremonies will take place on Friday, Nov. 12.
A First Look At The GE Catalyst Engine
The Catalyst is set to transform how pilots fly turboprop planes. Watch this video.
The 5 Coolest Things On Earth ?
1. An engineered common plant virus could prevent cancer from spreading
2. Using light to bring wireless internet to areas of Africa
3. An RNA drug to go into use in England to lower cholesterol
4. Genetically engineered woolly mammoths to fight climate change
5. A method to 3D-print objects with built-in force detection
— Quote Of The Day —
"Adding the fast-growing and relatively new field of real-time surgical visualization to GE’s pre- and post-operative ultrasound capabilities will create an end-to-end offering through the full continuum of care — from diagnosis through therapy and beyond.”
— Roland Rott, president and CEO of GE Healthcare Ultrasound
Quote: GE Reports. Images: Getty Images, Bamboo Airlines, Brennen McGuire, GE Renewable Energy. Video: GE Reports.