06:40 AM EDT, 03/23/2026 (MT Newswires) -- KBR (KBR) said Monday it has made a strategic investment in UK-based Applied Computing, without disclosing the financial terms.

As part of the investment, KBR has received a board seat in the company.

The companies have also entered into a multi-year joint development agreement to co-create artificial intelligence products for the energy sector, KBR said. The partnership will integrate Applied Computing's Orbital foundational model with KBR's process technologies, capital projects expertise, and supply chain capabilities.

KBR said it will support Applied Computing through its board role, co-located teams, and global network to help accelerate the company's commercial growth.