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KBR Announces Strategic Investment in Applied Computing to Accelerate AI Driven Innovation Across Energy and Industrial Markets
HOUSTON, March 23, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) today announced a strategic investment in UK-based Applied Computing, marking a significant step forward in KBR’s AI driven growth strategy. As part of the investment, KBR has also secured a board position in the company. The investment strengthens KBR’s commitment to delivering advanced, explainable artificial intelligence solutions that improve operational efficiency, safety, and sustainability across the energy, chemical, and industr
About this update from Kbr, Inc.
[{"type":"image","alt":"Kellogg Brown & Root LLC.","displaySize":"","headline":null,"caption":"Kellogg Brown & Root LLC.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":166,"url":"https://media.zenfs.com/en/globenewswire.com/9c03b5c72c76ab19f270da162e04045b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Pk56oRDl1XxIMBDzihknDw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIzMg--/https://media.zenfs.com/en/globenewswire.com/9c03b5c72c76ab19f270da162e04045b","width":300,"height":166}},"lazy":false},{"type":"text","content":"HOUSTON, March 23, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) today announced a strategic investment in UK-based Applied Computing, marking a significant step forward in KBR’s AI driven growth strategy. As part of the investment, KBR has also secured a board position in the company.","length":281,"tagName":"p"},{"type":"text","content":"The investment strengthens KBR’s commitment to delivering advanced, explainable artificial intelligence solutions that improve operational efficiency, safety, and sustainability across the energy, chemical, and industrial sectors. Together, the companies will accelerate the development of new digital products and expand AI capabilities across KBR’s global technology portfolio.","length":379,"tagName":"p"},{"type":"text","content":"KBR and Applied Computing have also entered into a multi-year joint development agreement to co-create exclusive AI products for the energy sector. The companies will integrate Applied Computing’s proprietary Orbital foundational model with KBR’s licensed process technologies, domain expertise in capital projects and supply chains to deploy and develop new technologies across the full energy lifecycle. This forms a comprehensive, three-pronged approach covering asset operations, capital projects, and the derisking of next generation technologies.","length":552,"tagName":"p"},{"type":"text","content":"“We’re very excited about what this technology could unlock across the full lifecycle for multiple industries, and we’re thrilled to make this investment in Applied Computer to spur future technologies,” said KBR Chief Digital and Development Officer Greg Conlon. “This investment strengthens KBR’s position at the forefront of applied AI and enables us to scale innovations across our full range of licensed technologies and has the potential to creat...