NEWS

Caterpillar posts a record $78B backlog, up 96%, as power generation sales rise 30% on data center demand.

Caterpillar reported Q3 sales of $20.7 billion, up 17%, which CEO Joseph Creed called its highest sales quarter ever, with a record $78 billion backlog, nearly double a year earlier. Power generation sales rose 30% on data center demand, and the Power & Energy segment sold $8.8 billion, up 18%. The AI buildout has turned engines and turbines into the long-lead item on power project schedules.

Manufacturing Dive · Nathan Owens · Oct 29, 2026

More from The Feed

NEWS

Agentic AI use in energy rose from 15% to 33%, while only 40% of US leaders trust the grid to keep up, per an ADNOC, XRG and Microsoft survey.

The third annual ADNOC, XRG and Microsoft Powering Possible report finds agentic AI deployment more than doubled from 15% to 33%, while 60% of energy respondents are piloting or deploying robotics in physical operations. Confidence that infrastructure can meet AI-driven power demand sits at just 40% among US leaders. Useful benchmark numbers, and the grid confidence gap is the real headline.

Hydrocarbon Processing · Oct 29, 2026
NEWS

Radiant's Kaleidos is the first microreactor cleared by DOE for full-power operations testing, including 150+ continuous hours at full power without operator input.

DOE approved Radiant's Documented Safety Analysis for the Kaleidos microreactor, clearing the path to a readiness review before fueling at Idaho National Laboratory. The INL campaign is set to culminate in at least 150 hours of continuous full-power operation without operator intervention. Unattended full-power hours is the operations number to watch for microreactors.

Radiant · Oct 29, 2026
Radiant Kaleidos microreactor press image
Image: Radiant