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 industrial sectors. Together, the companies will accelerate the development of new digital products and expand AI capabilities across KBR's global technology portfolio.

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.