Garrett Motion launches oil-free centrifugal compressors for HVAC, promising energy savings and sustainability, with production starting late 2026.
Quiver AI Summary
Garrett Motion Inc. has introduced its innovative oil-free centrifugal compressor technology for HVAC systems at the AHR Expo 2026 in Las Vegas, highlighting a roadmap to launch a compressor portfolio that addresses cooling needs from 7 to 500 Tons. CEO Olivier Rabiller emphasized the company's aim to diversify revenue, targeting $1 billion from non-automotive businesses by 2030. This new compressor technology promises significant benefits over traditional solutions by enhancing energy efficiency and reducing maintenance costs while supporting the use of environmentally friendly refrigerants. The compact and lightweight design allows for both new installations and retrofitting on existing systems, with customer testing samples already available and production set to begin in late 2026. Garrett’s technology is backed by successful trials that demonstrated over 10% energy savings compared to current options, with a wide range of applications in the commercial HVAC sector.
Potential Positives
- Garrett Motion Inc. has unveiled its oil-free centrifugal compressor technology for HVAC systems, marking a significant innovation in the HVAC industry.
- The company aims to generate $1 billion in revenues outside of its Turbo automotive business by 2030, indicating strong growth potential and strategic expansion.
- Trials have proven that the new compressors can achieve energy savings of over 10% in real-life applications compared to existing solutions, showcasing the technology's efficiency and cost-effectiveness.
- The technology supports sustainability by enabling the use of next-generation ultra-low GWP refrigerants, aligning with global environmental goals and enhancing market appeal.
Potential Negatives
- Company's ambitious revenue target of $1 billion outside automotive by 2030 may raise concerns regarding its current reliance on automotive business.
- Introduction of new technology could face skepticism from HVAC industry due to the competitiveness of existing solutions, such as scroll and screw compressors.
- Production for the new compressor is not scheduled to begin until late 2026, potentially delaying revenue generation and market penetration.
FAQ
What is Garrett Motion Inc.'s new HVAC technology?
Garrett Motion is launching breakthrough oil-free centrifugal compressor technology for HVAC systems, promising significant energy savings and lower maintenance costs.
Where will Garrett unveil its new HVAC compressor technology?
The new HVAC compressor technology will be unveiled at the AHR Expo 2026 in Las Vegas from February 2-4.
How does Garrett's compressor compare to existing solutions?
Garrett's compressors are superior alternatives to existing scroll, screw, and magnetic bearing-based solutions, offering unique technological advantages.
What are the potential applications for Garrett's HVAC compressors?
The compressors are designed for various applications, including rooftop units, chillers, data center cooling, and retrofitting existing installations.
When will Garrett's oil-free centrifugal compressors be available?
Samples for customer testing are currently available, with production scheduled to start in late 2026.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$GTX Insider Trading Activity
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Here’s a breakdown of recent trading of $GTX stock by insiders over the last 6 months:
- CAPITAL PARTNERS, L.P. CYRUS has made 0 purchases and 9 sales selling 2,570,108 shares for an estimated $33,713,348.
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$GTX Hedge Fund Activity
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$GTX Analyst Ratings
Wall Street analysts have issued reports on $GTX in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
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- JP Morgan issued a "Overweight" rating on 12/17/2025
- BWS Financial issued a "Buy" rating on 10/24/2025
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$GTX Price Targets
Multiple analysts have issued price targets for $GTX recently. We have seen 4 analysts offer price targets for $GTX in the last 6 months, with a median target of $21.5.
Here are some recent targets:
- Ryan Brinkman from JP Morgan set a target price of $23.0 on 12/17/2025
- Nathan Jones from Stifel set a target price of $21.0 on 12/16/2025
- Hamed Khorsand from BWS Financial set a target price of $22.0 on 12/12/2025
- Edison Yu from Deutsche Bank set a target price of $14.0 on 10/21/2025
Full Release
PLYMOUTH, Mich. and ROLLE, Switzerland, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX), a global leader in differentiated turbocharging and electrification technologies, unveils its breakthrough oil-free centrifugal compressor technology for HVAC systems at AHR Expo 2026 in Las Vegas (February 2-4) and announces an ambitious roadmap to launch the industry’s first such compressor portfolio covering cooling demands from 7 to 500 Tons (25 to 1,750 kWc).
Olivier Rabiller, CEO & President of Garrett Motion, said: “Garrett is leveraging technologies proven in demanding automotive applications to offer differentiated solutions for the industrial HVAC oil free centrifugal compressor. We are convinced that our new HVAC compressor portfolio will deliver unique value to system manufacturers and their customers. This represents an important step towards our ambition to generate $1 billion in revenues outside our Turbo automotive business by 2030.”
Garrett’s oil-free centrifugal compressor technology represents a superior alternative to existing scroll, screw and magnetic bearing-based compressor solutions for most use cases. It draws on the company’s unique capabilities from efficient turbo machinery to high-speed electric motors, ultra-high switching frequency inverters, and model-based software development. These technology building blocks are already validated and rolled out for specific automotive applications.
Garrett’s HVAC compressors offer significant cost savings, from lower energy consumption and reduced maintenance needs for end users. They also support customers’ sustainability ambitions by enabling the broad roll-out of next generation ultra-low GWP (global warming potential) refrigerants. Thanks to their compactness and low weight, these compressors can not only be used for new installations, but most importantly be retrofitted onto existing installations with a fast payback.
Garrett’s comprehensive portfolio of oil-free centrifugal compressors is designed to meet a broad spectrum of commercial HVAC needs, including rooftop/unitary units, chillers for comfort cooling, various data center cooling applications, and battery energy storage applications. Trials with leading HVAC system integrators have proven the value of the technology, enabling energy savings of >10% in real-life use compared to existing solutions.
Samples for customer testing are available now, with start of production scheduled for late 2026.
Garrett welcomes all HVAC system integrators, contractors, building owners and others to meet our team at AHR Expo at Booth SL3023 to learn more about this novel technology and discuss how it can be applied to your projects and applications.
About Garrett Motion Inc.
A differentiated technology leader, Garrett Motion has a 70-year history of innovation in the automotive sector (cars, trucks) and beyond (off-highway equipment, marine, power generators). Its well-recognized expertise in turbocharging has enabled significant reductions in engine size, fuel consumption, and CO2 emissions. Garrett is committed to advancing turbo applications while leveraging its unique technology solutions, such as fuel cell compressors for hydrogen fuel cell vehicles, as well as electric propulsion and thermal management systems for automotive and industrial applications. Garrett has six R&D centers, 13 manufacturing facilities and a team of more than 9,000 employees in more than 20 countries. For more information, please visit
www.garrettmotion.com
.
Media Contact:
Fabrice Spenninck
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e7530926-695c-42ed-844e-b106292f2f5f