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AAON Leverages Strategic Partnerships to Tackle DOE Challenge with Confidence

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AAON (NASDAQ: AAON) reaffirms its commitment to the U.S. Department of Energy's Better Buildings Commercial Building Heat Pump Technology Challenge through strategic partnerships. The company collaborates with Copeland, leveraging their 30-year relationship for advanced compressor technology, and partners with Oklahoma State University, Montana State University, and the University of Maryland for various technical developments. OSU focuses on regulatory research and low GWP refrigerants, Montana State assists with prototype development and testing, while Maryland contributes to coil technology and software development. These partnerships aim to accelerate the integration of new findings into commercial products.

AAON (NASDAQ: AAON) riafferma il proprio impegno verso la Better Buildings Commercial Building Heat Pump Technology Challenge del Dipartimento dell'Energia degli Stati Uniti attraverso alleanze strategiche. L'azienda collabora con Copeland, sfruttando la loro relazione trentennale per la tecnologia avanzata dei compressori, e si associa con la Oklahoma State University, la Montana State University e l'Università del Maryland per vari sviluppi tecnici. La OSU si concentra sulla ricerca normativa e sui refrigeranti a basso GWP, la Montana State assiste nello sviluppo e nel collaudo di prototipi, mentre il Maryland contribuisce alla tecnologia delle bobine e allo sviluppo software. Queste collaborazioni mirano ad accelerare l'integrazione di nuove scoperte nei prodotti commerciali.

AAON (NASDAQ: AAON) reafirma su compromiso con el Reto de Tecnología de Bombas de Calor para Edificios Comerciales del Departamento de Energía de EE. UU. a través de asociaciones estratégicas. La empresa colabora con Copeland, aprovechando su relación de 30 años para tecnología avanzada de compresores, y se asocia con la Universidad Estatal de Oklahoma, la Universidad Estatal de Montana y la Universidad de Maryland para varios desarrollos técnicos. OSU se centra en la investigación regulatoria y refrigerantes con bajo GWP, Montana State ayuda en el desarrollo y pruebas de prototipos, mientras que Maryland contribuye en tecnología de bobinas y desarrollo de software. Estas asociaciones tienen como objetivo acelerar la integración de nuevos hallazgos en productos comerciales.

AAON (NASDAQ: AAON)은 전략적 파트너십을 통해 미국 에너지부의 상업용 건물 열펌프 기술 도전 과제에 대한 약속을 재확인합니다. 이 회사는 Copeland와 협력하여 30년 동안의 관계를 활용하고, 오클라호마 주립대학교, 몬태나 주립대학교 및 메릴랜드 대학교와 협력하여 다양한 기술 개발을 진행합니다. OSU는 규제 연구와 저GWP 냉매에 집중하고, 몬태나 주립대학교는 프로토타입 개발 및 테스트를 지원하며, 메릴랜드는 코일 기술 및 소프트웨어 개발에 기여합니다. 이러한 파트너십은 새로운 발견의 상업적 제품 통합을 가속화하는 데 목적이 있습니다.

AAON (NASDAQ: AAON) réaffirme son engagement envers le Défi Technologique des Pompes à Chaleur pour Bâtiments Commerciaux du Département de l'Énergie des États-Unis grâce à des partenariats stratégiques. L'entreprise collabore avec Copeland, tirant parti de leur relation de 30 ans pour la technologie avancée des compresseurs, et s'associe avec l'Université d'État de l'Oklahoma, l'Université d'État du Montana et l'Université du Maryland pour divers développements techniques. L'OSU se concentre sur la recherche réglementaire et les réfrigérants à faible GWP, la Montana State aide au développement et aux tests de prototypes, tandis que le Maryland contribue à la technologie des serpentins et au développement de logiciels. Ces partenariats visent à accélérer l'intégration des nouvelles découvertes dans des produits commerciaux.

AAON (NASDAQ: AAON) bekräftigt sein Engagement für die Better Buildings Commercial Building Heat Pump Technology Challenge des US-Energieministeriums durch strategische Partnerschaften. Das Unternehmen arbeitet mit Copeland zusammen und nutzt ihre 30-jährige Beziehung für fortschrittliche Kompressortechnologie und kooperiert mit der Oklahoma State University, der Montana State University und der Universität von Maryland für verschiedene technische Entwicklungen. Die OSU konzentriert sich auf regulatorische Forschung und Kältemittel mit niedrigem GWP, Montana State unterstützt bei der Entwicklung und Prüfung von Prototypen, während Maryland zur Spulentechnologie und Softwareentwicklung beiträgt. Diese Partnerschaften zielen darauf ab, die Integration neuer Erkenntnisse in kommerzielle Produkte zu beschleunigen.

Positive
  • Strong strategic partnerships with industry leader Copeland and multiple universities
  • Advanced R&D capabilities through university collaborations
  • Competitive advantage in meeting DOE regulations through combined expertise
Negative
  • None.

Insights

This news, while highlighting AAON's partnerships for the DOE Challenge, doesn't contain material information that would significantly impact investor decisions. The partnerships with Copeland and academic institutions, while strategically valuable, are part of ongoing R&D efforts rather than a breakthrough announcement or financial development.

The article discusses research collaborations and development initiatives but lacks specific timelines, financial implications, or concrete product announcements. While these partnerships may contribute to long-term competitiveness, there's no immediate impact on AAON's business operations or financial performance that would warrant investor attention.

TULSA, Okla., Nov. 15, 2024 /PRNewswire/ -- AAON, Inc. (NASDAQ: AAON) ("AAON" or the "Company"), a leader in high-performance and energy-efficient HVAC solutions, is reaffirming its commitment to the U.S. Department of Energy's (DOE) Better Buildings Commercial Building Heat Pump Technology Challenge. As the DOE raises the stakes with new regulations, AAON is rising to the challenge by leveraging strong partnerships with Copeland, Oklahoma State University (OSU), Montana State University and the University of Maryland.

Copeland, a global leader in sustainable heating, cooling, refrigeration and industrial solutions, has a long-standing relationship of over 30 years with AAON. Copeland plays a pivotal role in the DOE Challenge by providing advanced compressor technology and engineering support. "Our partnership with AAON is built on mutual respect and a shared vision for the future of HVAC," said Mark Bills, vice president and general manager of commercial HVAC at Copeland. "Together, we are pushing the boundaries of what's possible as we work on the DOE challenge. Our collaboration has never been stronger."

Known for its expertise in thermal systems, OSU provides critical research on the shifting regulatory climate, including low global warming potential (GWP) refrigerants and heat pump system components and technologies. Montana State University also supports the Company's efforts in the heat pump technology challenge by assisting with prototype development, including fan blade design and fabrication, and barometric performance testing on mechanical heating and cooling equipment.

The University of Maryland contributes to this collaborative effort by developing coil technology and software programs that AAON utilizes in its Research and Development department. These tools have been instrumental in the development of AAON cold climate air-source heat pumps. Each partnership allows AAON to integrate new findings into commercial products faster, giving the company a competitive edge in the DOE challenge.

"At AAON, we're not intimidated by the obstacles ahead," said Kevin Teakell, senior manager of government and industry affairs at AAON. "With the combined strength of our research, development and the support from our partnerships, we are confident in our ability to deliver groundbreaking solutions to meet and exceed the DOE challenge."

Backed by strong, like-minded partners who are leaders in innovation and sustainability, AAON is well-positioned to achieve and exceed the objectives set forth by the DOE. Together, they are pushing the boundaries of the industry, driving technological advancements, and leading the way in energy efficiency and sustainability.

About AAON
Founded in 1988, AAON is a world leader in HVAC solutions for commercial and industrial indoor environments. The Company's industry-leading approach to designing and manufacturing highly configurable equipment to meet exact needs creates a premier ownership experience with greater efficiency, performance and long-term value. AAON is headquartered in Tulsa, Oklahoma, where its world-class innovation center and testing lab allow AAON engineers to continuously push boundaries and advance the industry. For more information, please visit www.aaon.com.

Contact Information
Jeremy Cavness
Marketing Director
(918) 382-6539
Email: jeremy.cavness@aaon.com

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SOURCE AAON

FAQ

What partnerships has AAON formed for the DOE Heat Pump Technology Challenge?

AAON has partnered with Copeland, Oklahoma State University, Montana State University, and the University of Maryland to tackle the DOE Heat Pump Technology Challenge.

How is AAON collaborating with Copeland for the DOE Challenge?

Copeland provides AAON with advanced compressor technology and engineering support, building on their 30-year relationship.

What role does Oklahoma State University play in AAON's DOE Challenge efforts?

Oklahoma State University provides research on regulatory climate, low global warming potential refrigerants, and heat pump system components and technologies.

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