Verizon Business launches GE Vernova MDS™ Orbit, enhancing utility network security and supporting grid modernization.
Quiver AI Summary
Verizon Business has announced the availability of the GE Vernova MDS™ Orbit, an industrial wireless platform designed to enhance network security and management for utility companies, leveraging Verizon's robust network. This collaboration aims to support utilities in modernizing their electrical grids, focusing on resilience, intelligence, and efficiency as they transition to digital operations. The MDS™ Orbit provides a reliable communications backbone for critical applications such as SCADA and workforce mobility. This partnership builds on Verizon's strength in wireless technology and GE Vernova's expertise in industrial applications, with the goal of enabling utilities to deliver efficient, resilient energy services and accelerate their modernization efforts for a sustainable energy future.
Potential Positives
- Verizon Business has launched the GE Vernova MDS™ Orbit, an industrial wireless platform that enhances the security and flexibility of utility companies' networks and assets, demonstrating innovation in the energy sector.
- This collaboration with GE Vernova positions Verizon as a key player in the ongoing transformation of the energy grid, tapping into the growing demand for reliable and efficient communications in utilities.
- By integrating Verizon’s award-winning network with the MDS™ Orbit platform, the partnership aims to significantly accelerate the transition to a more sustainable and resilient energy future, which could lead to new business opportunities.
- The announcement highlights Verizon's strong strategic partnership with GE Vernova, showcasing their combined strengths in leading technological advancements within the energy industry.
Potential Negatives
- None
FAQ
What is the GE Vernova MDS™ Orbit platform?
The GE Vernova MDS™ Orbit is an industrial wireless platform that helps utility companies secure their networks and manage electrical grids.
How does the MDS™ Orbit platform enhance utility operations?
The platform provides a resilient communications backbone for SCADA, automation, and workforce mobility, enabling modernized grid operations.
What role does Verizon play in the MDS™ Orbit?
Verizon powers the MDS™ Orbit platform with its award-winning network, ensuring secure, reliable, and flexible communication for utilities.
Why is modernization important for utilities?
Modernization helps utilities manage digital transformation effectively, ensuring resilient, intelligent, and efficient communication across their networks.
How can utilities benefit from this collaboration?
This collaboration allows utilities to accelerate their grid modernization efforts and deliver more efficient energy services to customers.
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.
$VZ Congressional Stock Trading
Members of Congress have traded $VZ stock 10 times in the past 6 months. Of those trades, 3 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $VZ stock by members of Congress over the last 6 months:
- REPRESENTATIVE KELLY MORRISON sold up to $15,000 on 08/19.
- REPRESENTATIVE JULIE JOHNSON sold up to $15,000 on 08/14.
- REPRESENTATIVE TIM MOORE has traded it 2 times. They made 1 purchase worth up to $50,000 on 07/29 and 1 sale worth up to $50,000 on 08/01.
- REPRESENTATIVE RITCHIE TORRES sold up to $15,000 on 07/11.
- REPRESENTATIVE LISA C. MCCLAIN has traded it 2 times. They made 1 purchase worth up to $15,000 on 06/24 and 1 sale worth up to $15,000 on 07/10.
- REPRESENTATIVE JEFFERSON SHREVE sold up to $50,000 on 05/12.
- REPRESENTATIVE DAN NEWHOUSE sold up to $15,000 on 04/11.
- REPRESENTATIVE ROBERT BRESNAHAN purchased up to $50,000 on 04/08.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$VZ Insider Trading Activity
$VZ insiders have traded $VZ stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $VZ stock by insiders over the last 6 months:
- KYLE MALADY (EVP and Group CEO-VZ Business) has made 0 purchases and 6 sales selling 41,500 shares for an estimated $1,806,728.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$VZ Hedge Fund Activity
We have seen 1,523 institutional investors add shares of $VZ stock to their portfolio, and 1,310 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BANK OF AMERICA CORP /DE/ added 25,088,080 shares (+79.6%) to their portfolio in Q2 2025, for an estimated $1,085,561,221
- CAPITAL WORLD INVESTORS removed 12,670,524 shares (-56.9%) from their portfolio in Q2 2025, for an estimated $548,253,573
- FMR LLC removed 6,693,242 shares (-15.4%) from their portfolio in Q2 2025, for an estimated $289,616,581
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 5,916,250 shares (-50.0%) from their portfolio in Q2 2025, for an estimated $255,996,137
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 5,660,185 shares (+13.5%) to their portfolio in Q2 2025, for an estimated $244,916,204
- VANGUARD GROUP INC added 4,615,075 shares (+1.3%) to their portfolio in Q2 2025, for an estimated $199,694,295
- STATE STREET CORP added 4,205,449 shares (+2.1%) to their portfolio in Q2 2025, for an estimated $181,969,778
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$VZ Analyst Ratings
Wall Street analysts have issued reports on $VZ in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Goldman Sachs issued a "Buy" rating on 09/02/2025
- Tigress Financial issued a "Buy" rating on 04/28/2025
To track analyst ratings and price targets for $VZ, check out Quiver Quantitative's $VZ forecast page.
$VZ Price Targets
Multiple analysts have issued price targets for $VZ recently. We have seen 8 analysts offer price targets for $VZ in the last 6 months, with a median target of $49.0.
Here are some recent targets:
- Michael Ng from Goldman Sachs set a target price of $49.0 on 09/02/2025
- Philip Cusick from JP Morgan set a target price of $49.0 on 07/22/2025
- Benjamin Swinburne from Morgan Stanley set a target price of $48.0 on 07/22/2025
- Michael Funk from B of A Securities set a target price of $49.0 on 07/22/2025
- Jonathan Atkin from RBC Capital set a target price of $46.0 on 07/22/2025
- Eric Luebchow from Wells Fargo set a target price of $43.0 on 07/10/2025
- Ivan Feinseth from Tigress Financial set a target price of $56.0 on 04/28/2025
Full Release
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 [email protected] .
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
[email protected]
