MTAR Technologies surges 10% as key client Bloom Energy secures major funding

Shares of MTAR Technologies Ltd. jumped nearly 10% in today’s trade after reports confirmed that Brookfield will invest $5 billion in Bloom Energy, one of MTAR’s major clients. The funding aims to scale up fuel cell technology to power next-generation AI data centers, a sector witnessing massive global demand. The investment is expected to accelerate Bloom Energy’s production capabilities, which in turn could drive higher order inflows for MTAR Tech — a critical supplier of precision-engineered components to Bloom. Analysts view this development as a strong long-term positive for MTAR, strengthening its growth outlook in the clean energy and AI infrastructure segments. The move also reinforces investor confidence in MTAR’s role within the expanding global renewable and data center value chain. With this boost, MTAR continues to position itself as a key player in the transition toward sustainable and intelligent energy solutions.