Garrett Motion's oil-free compressor powers Multistack's new data center cooling in Asia-Pacific

Garrett Motion announced that Multistack will use its oil-free centrifugal compressor technology in next-generation data center cooling systems across Asia-Pacific. This technology offers high efficiency, reliability, and supports low-GWP refrigerants, addressing growing cooling demands driven by AI and digital infrastructure. Production is set to begin in the second half of 2027, marking Garrett's expansion into industrial thermal management beyond automotive applications.

Garrett Motion's stock (GTX) is trading at USD 22.26 on Pluang, down 0.31% as of Oct 29, 2026 17:11 WIB. The company holds a market cap of $4.17 billion and offers a dividend yield of 1.43%.