Core Insights - Boom Supersonic has pivoted from developing supersonic commercial flights to selling turbines for AI data centers, successfully closing a $300 million funding round [1] - The company has secured its first customer, Crusoe, for its new turbine product called Superpower, which can generate 1.21 gigawatts of power, and claims a backlog of over $1.25 billion in orders [2] Group 1: Business Strategy - The pivot to turbine manufacturing was inspired by CEO Blake Scholl's observations of power shortages affecting AI data centers, leading to the adaptation of the company's Symphony supersonic engine into a stationary power turbine [3] - Each Superpower turbine operates on natural gas and does not require a water supply, addressing significant constraints in data center expansion [4] Group 2: Market Challenges - Boom is entering a market with severe supply constraints, with major turbine manufacturers like GE Vernova and Siemens Energy quoting wait times of five to seven years for new orders due to pandemic-related supply chain issues and material shortages [5] - The company has announced plans to build a "Superpower Superfactory" and aims to scale production to over 4 gigawatts annually by 2030, but has not clarified how it will navigate existing supply chain bottlenecks [6] Group 3: Financial Implications - The turbine business provides a critical funding solution for Boom, allowing for faster revenue generation while the company prepares for test flights of its Overture airliner in 2027 and aims for commercial service by 2030 [7]

Core Insights - Mitsubishi Power has secured its first order for the M100S gas turbine from Jiangsu Lihuai Steel, a subsidiary of Jiangsu Shagang Group, marking a significant step in the company's expansion into the Chinese steel industry [1][2] Group 1: Product Details - The M100S gas turbine is designed for blast furnace gas (BFG)-fired power plants and will be the core component of a 100MW class gas turbine combined cycle (GTCC) power plant [2][4] - The turbine integrates technologies from Mitsubishi Power's large-scale BFG-fired turbines and natural gas-fired JAC gas turbines, ensuring high performance and reliability [3] - The M100S model offers a more compact and efficient solution compared to traditional small-sized boiler, turbine, generator (BTG) power plants commonly used in the Chinese steel industry [3][4] Group 2: Operational and Environmental Impact - The M100S turbine can co-fire with by-product gases from steel plant operations, including those from coke ovens and converters, allowing for flexible operation and quick adaptation to load variations [4][5] - By utilizing by-product gas from steel production, the M100S gas turbine minimizes environmental impacts and enhances energy efficiency, ensuring compliance with air quality regulations [5] Group 3: Production and Supply Chain - The M100S gas turbine and associated equipment will be produced at Mitsubishi Power's Takasago machinery works in Japan, with additional equipment sourced locally in China, including from Dongfang Turbine [6] - This order follows a previous contract secured by Mitsubishi Power in September 2025 to supply two M701JAC gas turbines to the O Mon 4 Power Plant in Vietnam, indicating the company's growing presence in the Asian market [6]

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