Bi-Annual Update
Bi-Annual Update
Bi-Annual Update
Bi-Annual Update
The first half of 2023 brought with it several milestones for Flexnode with an accompanying market explosion in AI that has validated our efforts, expanded our visibility, and aligned Flexnode with some of the largest companies in the world.
The first half of 2023 brought with it several milestones for Flexnode with an accompanying market explosion in AI that has validated our efforts, expanded our visibility, and aligned Flexnode with some of the largest companies in the world.
The first half of 2023 brought with it several milestones for Flexnode with an accompanying market explosion in AI that has validated our efforts, expanded our visibility, and aligned Flexnode with some of the largest companies in the world.
The first half of 2023 brought with it several milestones for Flexnode with an accompanying market explosion in AI that has validated our efforts, expanded our visibility, and aligned Flexnode with some of the largest companies in the world.
VALIDATION
AI has exploded with likely every well-run enterprise on the planet asking themselves how AI impacts them.
Nvidia stock surges after crushing Wall Street forecasts and is encouraging customers to go back “on-premise” for their production AI needs because it’s significantly more cost-efficient. A recent Gartner analysis supports this market shift to on-premise.
The commercial office market has run into a crisis that demands new ways of thinking about how best to maximize revenue and attractiveness.
Data center builds are slowing down, and most legacy data center infrastructure is ill-equipped to support AI-ready high-performance density for the new wave of AI demand. This limiting market challenge is centered on the growing energy demand and heat generation of advanced IT systems required to support the latest generation of AI solutions.
AI has exploded with likely every well-run enterprise on the planet asking themselves how AI impacts them.
Nvidia stock surges after crushing Wall Street forecasts and is encouraging customers to go back “on-premise” for their production AI needs because it’s significantly more cost-efficient. A recent Gartner analysis supports this market shift to on-premise.
The commercial office market has run into a crisis that demands new ways of thinking about how best to maximize revenue and attractiveness.
Data center builds are slowing down, and most legacy data center infrastructure is ill-equipped to support AI-ready high-performance density for the new wave of AI demand. This limiting market challenge is centered on the growing energy demand and heat generation of advanced IT systems required to support the latest generation of AI solutions.
AI has exploded with likely every well-run enterprise on the planet asking themselves how AI impacts them.
Nvidia stock surges after crushing Wall Street forecasts and is encouraging customers to go back “on-premise” for their production AI needs because it’s significantly more cost-efficient. A recent Gartner analysis supports this market shift to on-premise.
The commercial office market has run into a crisis that demands new ways of thinking about how best to maximize revenue and attractiveness.
Data center builds are slowing down, and most legacy data center infrastructure is ill-equipped to support AI-ready high-performance density for the new wave of AI demand. This limiting market challenge is centered on the growing energy demand and heat generation of advanced IT systems required to support the latest generation of AI solutions.
AI has exploded with likely every well-run enterprise on the planet asking themselves how AI impacts them.
Nvidia stock surges after crushing Wall Street forecasts and is encouraging customers to go back “on-premise” for their production AI needs because it’s significantly more cost-efficient. A recent Gartner analysis supports this market shift to on-premise.
The commercial office market has run into a crisis that demands new ways of thinking about how best to maximize revenue and attractiveness.
Data center builds are slowing down, and most legacy data center infrastructure is ill-equipped to support AI-ready high-performance density for the new wave of AI demand. This limiting market challenge is centered on the growing energy demand and heat generation of advanced IT systems required to support the latest generation of AI solutions.
TEAM
Our Team has doubled in size with incredibly smart, creative and versatile individuals that have shown an extraordinary ability to quickly familiarize with the Flexnode and who we are; connect with each other; learn from one another, and collaborate to create immense value across the entire company.
Talent is the key to a successful prototype launch and positioning the company for scalable growth.
Management and Operations
(Promotion)
- Hussain “Moos” Moosajee: Chief Business Officer
(New Hire)
- Keith Kaczmarek: Chief Operating Officer
- Nyla Beth Gawel: Chief People Officer
- Martin Rapos: Chief Information Officer
- Dafna Kaplan: Chief Growth Officer
- Max McNeil: Head of Creative
Product and Engineering
(New Hire)
- Chigozie Muoto: SVP; Head of Product Strategy
- Mary Haim: Project Manager
Business Development and Sales
(Promotion)
- Ric Fleisher: EVP; Head of Global Business Dev
(New Hire)
- Jim Cannon: SVP; NA Business Development and Pre-Sales Engineering
- Roy Timor-Russo: SVP; Head of EMEA
Our Team has doubled in size with incredibly smart, creative and versatile individuals that have shown an extraordinary ability to quickly familiarize with the Flexnode and who we are; connect with each other; learn from one another, and collaborate to create immense value across the entire company.
Talent is the key to a successful prototype launch and positioning the company for scalable growth.
Management and Operations
(Promotion)
- Hussain “Moos” Moosajee: Chief Business Officer
(New Hire)
- Keith Kaczmarek: Chief Operating Officer
- Nyla Beth Gawel: Chief People Officer
- Martin Rapos: Chief Information Officer
- Dafna Kaplan: Chief Growth Officer
- Max McNeil: Head of Creative
Product and Engineering
(New Hire)
- Chigozie Muoto: SVP; Head of Product Strategy
- Mary Haim: Project Manager
Business Development and Sales
(Promotion)
- Ric Fleisher: EVP; Head of Global Business Dev
(New Hire)
- Jim Cannon: SVP; NA Business Development and Pre-Sales Engineering
- Roy Timor-Russo: SVP; Head of EMEA
Our Team has doubled in size with incredibly smart, creative and versatile individuals that have shown an extraordinary ability to quickly familiarize with the Flexnode and who we are; connect with each other; learn from one another, and collaborate to create immense value across the entire company.
Talent is the key to a successful prototype launch and positioning the company for scalable growth.
Management and Operations
(Promotion)
- Hussain “Moos” Moosajee: Chief Business Officer
(New Hire)
- Keith Kaczmarek: Chief Operating Officer
- Nyla Beth Gawel: Chief People Officer
- Martin Rapos: Chief Information Officer
- Dafna Kaplan: Chief Growth Officer
- Max McNeil: Head of Creative
Product and Engineering
(New Hire)
- Chigozie Muoto: SVP; Head of Product Strategy
- Mary Haim: Project Manager
Business Development and Sales
(Promotion)
- Ric Fleisher: EVP; Head of Global Business Dev
(New Hire)
- Jim Cannon: SVP; NA Business Development and Pre-Sales Engineering
- Roy Timor-Russo: SVP; Head of EMEA
Our Team has doubled in size with incredibly smart, creative and versatile individuals that have shown an extraordinary ability to quickly familiarize with the Flexnode and who we are; connect with each other; learn from one another, and collaborate to create immense value across the entire company.
Talent is the key to a successful prototype launch and positioning the company for scalable growth.
Management and Operations
(Promotion)
- Hussain “Moos” Moosajee: Chief Business Officer
(New Hire)
- Keith Kaczmarek: Chief Operating Officer
- Nyla Beth Gawel: Chief People Officer
- Martin Rapos: Chief Information Officer
- Dafna Kaplan: Chief Growth Officer
- Max McNeil: Head of Creative
Product and Engineering
(New Hire)
- Chigozie Muoto: SVP; Head of Product Strategy
- Mary Haim: Project Manager
Business Development and Sales
(Promotion)
- Ric Fleisher: EVP; Head of Global Business Dev
(New Hire)
- Jim Cannon: SVP; NA Business Development and Pre-Sales Engineering
- Roy Timor-Russo: SVP; Head of EMEA
NEW AFFILIATIONS
We’re creating meaningful additional relationships and partnerships with best-in-class companies including:
Government
• DC Government
IT Systems
• Nvidia
• Intel
• Lenovo
• Supermicro
Manufacturing
• Avnet
• Boyce Technologies
Data Center Sales
• JLL
Data Storage
• Vast
ARPA-E Grant Support
• McNew and Associates
Global Program Finance
• International Finance Corporation
Real Estate
• Starwood Capital Group
• Tishman Speyer
• Amot
Real Estate and Project Finance
• Mitusi
• PGIM
Tower Company
• American Tower
• SBA
• Crown Castle
Project Finance
• SDCL
Project Collaboration
• George Washington University
… and many others. Please reach out if you’d like to learn more.
We’re creating meaningful additional relationships and partnerships with best-in-class companies including:
Government
• DC Government
IT Systems
• Nvidia
• Intel
• Lenovo
• Supermicro
Manufacturing
• Avnet
• Boyce Technologies
Data Center Sales
• JLL
Data Storage
• Vast
ARPA-E Grant Support
• McNew and Associates
Global Program Finance
• International Finance Corporation
Real Estate
• Starwood Capital Group
• Tishman Speyer
• Amot
Real Estate and Project Finance
• Mitusi
• PGIM
Tower Company
• American Tower
• SBA
• Crown Castle
Project Finance
• SDCL
Project Collaboration
• George Washington University
… and many others. Please reach out if you’d like to learn more.
We’re creating meaningful additional relationships and partnerships with best-in-class companies including:
Government
• DC Government
IT Systems
• Nvidia
• Intel
• Lenovo
• Supermicro
Manufacturing
• Avnet
• Boyce Technologies
Data Center Sales
• JLL
Data Storage
• Vast
ARPA-E Grant Support
• McNew and Associates
Global Program Finance
• International Finance Corporation
Real Estate
• Starwood Capital Group
• Tishman Speyer
• Amot
Real Estate and Project Finance
• Mitusi
• PGIM
Tower Company
• American Tower
• SBA
• Crown Castle
Project Finance
• SDCL
Project Collaboration
• George Washington University
… and many others. Please reach out if you’d like to learn more.
We’re creating meaningful additional relationships and partnerships with best-in-class companies including:
Government
• DC Government
IT Systems
• Nvidia
• Intel
• Lenovo
• Supermicro
Manufacturing
• Avnet
• Boyce Technologies
Data Center Sales
• JLL
Data Storage
• Vast
ARPA-E Grant Support
• McNew and Associates
Global Program Finance
• International Finance Corporation
Real Estate
• Starwood Capital Group
• Tishman Speyer
• Amot
Real Estate and Project Finance
• Mitusi
• PGIM
Tower Company
• American Tower
• SBA
• Crown Castle
Project Finance
• SDCL
Project Collaboration
• George Washington University
… and many others. Please reach out if you’d like to learn more.
FUNDRAISING
6.0 M
6.0 M
6.0 M
6.0 M
Closed SAFE investments with 19 investors
5.0 M
5.0 M
5.0 M
5.0 M
Open SAFE with Discount
ARPA-E COOLERCHIPS Grant
Awarded $3.5M by Advanced Research Projects Agency–Energy, a United States government agency tasked with promoting and funding research and development of advanced energy technologies (ARPA-E) to develop an advanced, fully-integrated Flexnode with a 7x+ increase to power capacity and no external cooling.
Team includes University of Maryland, Arup, SHoP and Iceotope.
Provides an early track to access Phase 2 funding under the SBIR program to access grant opportunities up to $2m from government institutions or independent federal agencies.
Also provides a track for the SCALEUP program that supports a $20m+ grant to commercialize the proposed advanced Flexnode system.
ARPA-E COOLERCHIPS Grant
Awarded $3.5M by Advanced Research Projects Agency–Energy, a United States government agency tasked with promoting and funding research and development of advanced energy technologies (ARPA-E) to develop an advanced, fully-integrated Flexnode with a 7x+ increase to power capacity and no external cooling.
Team includes University of Maryland, Arup, SHoP and Iceotope.
Provides an early track to access Phase 2 funding under the SBIR program to access grant opportunities up to $2m from government institutions or independent federal agencies.
Also provides a track for the SCALEUP program that supports a $20m+ grant to commercialize the proposed advanced Flexnode system.
ARPA-E COOLERCHIPS Grant
Awarded $3.5M by Advanced Research Projects Agency–Energy, a United States government agency tasked with promoting and funding research and development of advanced energy technologies (ARPA-E) to develop an advanced, fully-integrated Flexnode with a 7x+ increase to power capacity and no external cooling.
Team includes University of Maryland, Arup, SHoP and Iceotope.
Provides an early track to access Phase 2 funding under the SBIR program to access grant opportunities up to $2m from government institutions or independent federal agencies.
Also provides a track for the SCALEUP program that supports a $20m+ grant to commercialize the proposed advanced Flexnode system.
ARPA-E COOLERCHIPS Grant
Awarded $3.5M by Advanced Research Projects Agency–Energy, a United States government agency tasked with promoting and funding research and development of advanced energy technologies (ARPA-E) to develop an advanced, fully-integrated Flexnode with a 7x+ increase to power capacity and no external cooling.
Team includes University of Maryland, Arup, SHoP and Iceotope.
Provides an early track to access Phase 2 funding under the SBIR program to access grant opportunities up to $2m from government institutions or independent federal agencies.
Also provides a track for the SCALEUP program that supports a $20m+ grant to commercialize the proposed advanced Flexnode system.
Focused on capitalizing on AI wave and hitting key milestones, along with any additional runway needed for our $50m+ Series A fundraise.
Milestones to hit before Series A close:
Prototype built (Jan 2024).
Design for Manufacturing (DFMA) digital twin ready for deployment.
Manufacturing partnerships secured to support scale.
Expected close for bridge financing round (SAFE Note Structure) is Oct 31, 2023.
Series A to roll out Nov 2023 with target close March 2024.
Focused on capitalizing on AI wave and hitting key milestones, along with any additional runway needed for our $50m+ Series A fundraise.
Milestones to hit before Series A close:
Prototype built (Jan 2024).
Design for Manufacturing (DFMA) digital twin ready for deployment.
Manufacturing partnerships secured to support scale.
Expected close for bridge financing round (SAFE Note Structure) is Oct 31, 2023.
Series A to roll out Nov 2023 with target close March 2024.
Focused on capitalizing on AI wave and hitting key milestones, along with any additional runway needed for our $50m+ Series A fundraise.
Milestones to hit before Series A close:
Prototype built (Jan 2024).
Design for Manufacturing (DFMA) digital twin ready for deployment.
Manufacturing partnerships secured to support scale.
Expected close for bridge financing round (SAFE Note Structure) is Oct 31, 2023.
Series A to roll out Nov 2023 with target close March 2024.
Focused on capitalizing on AI wave and hitting key milestones, along with any additional runway needed for our $50m+ Series A fundraise.
Milestones to hit before Series A close:
Prototype built (Jan 2024).
Design for Manufacturing (DFMA) digital twin ready for deployment.
Manufacturing partnerships secured to support scale.
Expected close for bridge financing round (SAFE Note Structure) is Oct 31, 2023.
Series A to roll out Nov 2023 with target close March 2024.
PRODUCT DEVELOPMENT
Made significant advances in our product development for the prototype with a clear vision toward completion and a target before the end of 2023.
Partnered with Boyce Technologies given their extensive experience developing integrated electronic systems for mission critical and life safety (examples include MTA, NYPD, Verizon).
Made significant advances in our product development for the prototype with a clear vision toward completion and a target before the end of 2023.
Partnered with Boyce Technologies given their extensive experience developing integrated electronic systems for mission critical and life safety (examples include MTA, NYPD, Verizon).
Made significant advances in our product development for the prototype with a clear vision toward completion and a target before the end of 2023.
Partnered with Boyce Technologies given their extensive experience developing integrated electronic systems for mission critical and life safety (examples include MTA, NYPD, Verizon).
Made significant advances in our product development for the prototype with a clear vision toward completion and a target before the end of 2023.
Partnered with Boyce Technologies given their extensive experience developing integrated electronic systems for mission critical and life safety (examples include MTA, NYPD, Verizon).
Schedule – Boyce Technologies and Flexnode have worked together to outline the following milestones. In building a prototype unanticipated design challenges will arise. The full design and manufacturing team is demonstrating full commitment to maintaining this schedule.
Manufacturing designs and specs finalized by Labor Day.
Powered enclosure by Nov 1.
Integrated system by Dec 1.
Prototype ready by Jan 1.
Schedule – Boyce Technologies and Flexnode have worked together to outline the following milestones. In building a prototype unanticipated design challenges will arise. The full design and manufacturing team is demonstrating full commitment to maintaining this schedule.
Manufacturing designs and specs finalized by Labor Day.
Powered enclosure by Nov 1.
Integrated system by Dec 1.
Prototype ready by Jan 1.
Schedule – Boyce Technologies and Flexnode have worked together to outline the following milestones. In building a prototype unanticipated design challenges will arise. The full design and manufacturing team is demonstrating full commitment to maintaining this schedule.
Manufacturing designs and specs finalized by Labor Day.
Powered enclosure by Nov 1.
Integrated system by Dec 1.
Prototype ready by Jan 1.
Schedule – Boyce Technologies and Flexnode have worked together to outline the following milestones. In building a prototype unanticipated design challenges will arise. The full design and manufacturing team is demonstrating full commitment to maintaining this schedule.
Manufacturing designs and specs finalized by Labor Day.
Powered enclosure by Nov 1.
Integrated system by Dec 1.
Prototype ready by Jan 1.
PROJECT DEVELOPMENT
375 Pearl Street
First project at 375 Pearl Street (aka “Verizon Building”), owned by Sabey Data Centers:
Technical Update
With our focus on 375 Pearl as a first pilot project, we have been working on the A/E design for tenant improvements that will enable the required infrastructure for a 200kW Flexnode to be located on the 13th floor of the building.
We have reached 75% design documents with permit documents ready for submission.
Strategic Update
Sabey Data Centers has indicated that they have very limited remaining distribution capacity at 375 Pearl Street without Flexnode. More, the building does not efficiently and effectively support high-performance compute for customers including those who are asking about AI solutions.
As a result, we are now developing our co-marketing and sales agreement with Sabey to enable them to pre-sell Flexnode capacity at the 375 Pearl location to accelerate customer adoption pre-deployment.
Sabey has also indicated they are facing many challenges with AI demand across their portfolio (both capacity and density challenges), and so very interested to deploy Flexnodes at other locations as well.
Alongside active project developments with Sabey directly, we are also building our market positioning for customers proximal to 375 Pearl including financial services companies and supporting server OEMs focused on the financial services market.
Timeline
Design and permit documents are now reaching completion, which gives us the capability to deploy at 375 Pearl within months after approvals and notice-to-proceed.
We are now prioritizing the co-marketing and pre-sales efforts with Sabey with a goal to deploy at 375 Pearl Street with a pilot customer in early 2024.
375 Pearl Street
First project at 375 Pearl Street (aka “Verizon Building”), owned by Sabey Data Centers:
Technical Update
With our focus on 375 Pearl as a first pilot project, we have been working on the A/E design for tenant improvements that will enable the required infrastructure for a 200kW Flexnode to be located on the 13th floor of the building.
We have reached 75% design documents with permit documents ready for submission.
Strategic Update
Sabey Data Centers has indicated that they have very limited remaining distribution capacity at 375 Pearl Street without Flexnode. More, the building does not efficiently and effectively support high-performance compute for customers including those who are asking about AI solutions.
As a result, we are now developing our co-marketing and sales agreement with Sabey to enable them to pre-sell Flexnode capacity at the 375 Pearl location to accelerate customer adoption pre-deployment.
Sabey has also indicated they are facing many challenges with AI demand across their portfolio (both capacity and density challenges), and so very interested to deploy Flexnodes at other locations as well.
Alongside active project developments with Sabey directly, we are also building our market positioning for customers proximal to 375 Pearl including financial services companies and supporting server OEMs focused on the financial services market.
Timeline
Design and permit documents are now reaching completion, which gives us the capability to deploy at 375 Pearl within months after approvals and notice-to-proceed.
We are now prioritizing the co-marketing and pre-sales efforts with Sabey with a goal to deploy at 375 Pearl Street with a pilot customer in early 2024.
375 Pearl Street
First project at 375 Pearl Street (aka “Verizon Building”), owned by Sabey Data Centers:
Technical Update
With our focus on 375 Pearl as a first pilot project, we have been working on the A/E design for tenant improvements that will enable the required infrastructure for a 200kW Flexnode to be located on the 13th floor of the building.
We have reached 75% design documents with permit documents ready for submission.
Strategic Update
Sabey Data Centers has indicated that they have very limited remaining distribution capacity at 375 Pearl Street without Flexnode. More, the building does not efficiently and effectively support high-performance compute for customers including those who are asking about AI solutions.
As a result, we are now developing our co-marketing and sales agreement with Sabey to enable them to pre-sell Flexnode capacity at the 375 Pearl location to accelerate customer adoption pre-deployment.
Sabey has also indicated they are facing many challenges with AI demand across their portfolio (both capacity and density challenges), and so very interested to deploy Flexnodes at other locations as well.
Alongside active project developments with Sabey directly, we are also building our market positioning for customers proximal to 375 Pearl including financial services companies and supporting server OEMs focused on the financial services market.
Timeline
Design and permit documents are now reaching completion, which gives us the capability to deploy at 375 Pearl within months after approvals and notice-to-proceed.
We are now prioritizing the co-marketing and pre-sales efforts with Sabey with a goal to deploy at 375 Pearl Street with a pilot customer in early 2024.
375 Pearl Street
First project at 375 Pearl Street (aka “Verizon Building”), owned by Sabey Data Centers:
Technical Update
With our focus on 375 Pearl as a first pilot project, we have been working on the A/E design for tenant improvements that will enable the required infrastructure for a 200kW Flexnode to be located on the 13th floor of the building.
We have reached 75% design documents with permit documents ready for submission.
Strategic Update
Sabey Data Centers has indicated that they have very limited remaining distribution capacity at 375 Pearl Street without Flexnode. More, the building does not efficiently and effectively support high-performance compute for customers including those who are asking about AI solutions.
As a result, we are now developing our co-marketing and sales agreement with Sabey to enable them to pre-sell Flexnode capacity at the 375 Pearl location to accelerate customer adoption pre-deployment.
Sabey has also indicated they are facing many challenges with AI demand across their portfolio (both capacity and density challenges), and so very interested to deploy Flexnodes at other locations as well.
Alongside active project developments with Sabey directly, we are also building our market positioning for customers proximal to 375 Pearl including financial services companies and supporting server OEMs focused on the financial services market.
Timeline
Design and permit documents are now reaching completion, which gives us the capability to deploy at 375 Pearl within months after approvals and notice-to-proceed.
We are now prioritizing the co-marketing and pre-sales efforts with Sabey with a goal to deploy at 375 Pearl Street with a pilot customer in early 2024.
LOOKING FORWARD TO 2024
Unit Deployments
1Q24 – Deliver the first Flexnode prototype unit.
2Q24 – Upgrade the prototype unit to a customer specification and deploy in an end-user environment.
3Q24 / 4Q24 – Deploy 1 – 3 additional units into end-user environments.
Market shifts
AI is on the rise and it’s not going anywhere.
Data center builds relative to demand will continue to slow down with increased local pushback, building regulations, infrastructure shortages, supply chain delays and labor scarcity issues.
Distributed compute is hitting its stride with market leaders like Vast Data driving the push.
Liquid-cooling is not a novelty anymore. Most OEMs/ODMs now have programs that enable liquid-cooling, if not directly facilitate purpose-built liquid-cooled systems.
Chip competition has exploded. While Nvidia leads the AI market (and will very much continue to), other chip makers are finding ways to create segment-specific compute advantages that are expanding customer options and market capacity.
Go-to-market
Building modernization for legacy data centers.
On-prem AI resource for enterprises within offices.
Distributed, scalable network capacity with utility infrastructure providers.
Unit Deployments
1Q24 – Deliver the first Flexnode prototype unit.
2Q24 – Upgrade the prototype unit to a customer specification and deploy in an end-user environment.
3Q24 / 4Q24 – Deploy 1 – 3 additional units into end-user environments.
Market shifts
AI is on the rise and it’s not going anywhere.
Data center builds relative to demand will continue to slow down with increased local pushback, building regulations, infrastructure shortages, supply chain delays and labor scarcity issues.
Distributed compute is hitting its stride with market leaders like Vast Data driving the push.
Liquid-cooling is not a novelty anymore. Most OEMs/ODMs now have programs that enable liquid-cooling, if not directly facilitate purpose-built liquid-cooled systems.
Chip competition has exploded. While Nvidia leads the AI market (and will very much continue to), other chip makers are finding ways to create segment-specific compute advantages that are expanding customer options and market capacity.
Go-to-market
Building modernization for legacy data centers.
On-prem AI resource for enterprises within offices.
Distributed, scalable network capacity with utility infrastructure providers.
Unit Deployments
1Q24 – Deliver the first Flexnode prototype unit.
2Q24 – Upgrade the prototype unit to a customer specification and deploy in an end-user environment.
3Q24 / 4Q24 – Deploy 1 – 3 additional units into end-user environments.
Market shifts
AI is on the rise and it’s not going anywhere.
Data center builds relative to demand will continue to slow down with increased local pushback, building regulations, infrastructure shortages, supply chain delays and labor scarcity issues.
Distributed compute is hitting its stride with market leaders like Vast Data driving the push.
Liquid-cooling is not a novelty anymore. Most OEMs/ODMs now have programs that enable liquid-cooling, if not directly facilitate purpose-built liquid-cooled systems.
Chip competition has exploded. While Nvidia leads the AI market (and will very much continue to), other chip makers are finding ways to create segment-specific compute advantages that are expanding customer options and market capacity.
Go-to-market
Building modernization for legacy data centers.
On-prem AI resource for enterprises within offices.
Distributed, scalable network capacity with utility infrastructure providers.
Unit Deployments
1Q24 – Deliver the first Flexnode prototype unit.
2Q24 – Upgrade the prototype unit to a customer specification and deploy in an end-user environment.
3Q24 / 4Q24 – Deploy 1 – 3 additional units into end-user environments.
Market shifts
AI is on the rise and it’s not going anywhere.
Data center builds relative to demand will continue to slow down with increased local pushback, building regulations, infrastructure shortages, supply chain delays and labor scarcity issues.
Distributed compute is hitting its stride with market leaders like Vast Data driving the push.
Liquid-cooling is not a novelty anymore. Most OEMs/ODMs now have programs that enable liquid-cooling, if not directly facilitate purpose-built liquid-cooled systems.
Chip competition has exploded. While Nvidia leads the AI market (and will very much continue to), other chip makers are finding ways to create segment-specific compute advantages that are expanding customer options and market capacity.
Go-to-market
Building modernization for legacy data centers.
On-prem AI resource for enterprises within offices.
Distributed, scalable network capacity with utility infrastructure providers.
Bridge Round Support
Let’s connect to discuss if you’re interested to learn more.
Please let us know if you have any individuals or groups interested in a pre-launch investment.
We are facing similar challenges as all other manufacturers with long-lead items and procurement inefficiencies. If you have any resources that could help us get equipment faster, cheaper and / or with longer payment terms please let us know.