Connect with us

Technology

AAON Awarded Liquid Cooling Data Center Orders Totaling Approximately $174.5 Million

Published

on

TULSA, Okla., Oct. 25, 2024 /PRNewswire/ — AAON, Inc. (NASDAQ: AAON) (including its affiliates, “AAON” or the “Company”), a leader in high-performing, energy-efficient HVAC solutions that bring long-term value to customers and owners, announces it was recently awarded orders from one data center customer that approximately totaled $174.5 million.  Under these orders, AAON will provide a custom-designed thermal management system supporting a liquid cooling deployment for the customer’s data centers.  The equipment will be manufactured under our BASX brand in our existing and newly constructed facilities at our Longview, Texas location and is expected to mostly be produced and delivered in the first half of 2025.  The construction of the new facility is on schedule to be completed by the end of this year and the Company has already begun staffing, training and setting up the operations in preparation for production to commence in early 2025.

“These significant orders highlight AAON’s superior engineering and manufacturing capabilities, advanced technology, and expertise in the data center cooling market,” said Matt Tobolski, AAON President and COO, “Since BASX joined AAON in 2021, we have strengthened our collective position as leaders in this rapidly growing market.  Capitalizing on this highly innovative liquid cooling solution reflects our leadership, engineering proficiencies and ability to provide customer-centric, industry-leading solutions for the market.  It showcases the solution-minded approach of our team and the strong value we provide to crafting unique, efficient data center solutions.”     

“Being awarded these orders is an exciting milestone for us,” said Gary Fields, AAON CEO, “Selecting AAON for this innovative solution over any of our peers is a testament to our superior, fully-custom engineering solutions that are unmatched in the industry.  It also highlights our commitment towards investing in production capacity to supply this high-growth market.  Within our current footprint, including the new facility in Texas, we have a considerable amount of excess capacity.  At the same time, we are focused on investing in new incremental capacity.  This underscores our confidence in our data center customer relationships as well as the underlying fundamentals in the data center market in what we view will be a multi-year growth cycle.  We view these orders as a fraction of a much larger pipeline of opportunity in which we are committed to capitalizing on,” Mr. Fields concluded.

About AAON
Founded in 1988, AAON is a world leader in HVAC solutions for commercial and industrial indoor environments. The Company’s industry-leading approach to designing and manufacturing highly configurable equipment to meet exact needs creates a premier ownership experience with greater efficiency, performance and long-term value. AAON is headquartered in Tulsa, Oklahoma, where its world-class innovation center and testing lab allows AAON engineers to continuously push boundaries and advance the industry. For more information, please visit www.AAON.com.

About BASX
BASX, a wholly owned subsidiary of AAON, is an industry leader in the manufacturing of high efficiency data center cooling solutions, cleanroom systems, custom HVAC systems and modular solutions. For the past 40 years, the BASX team has been recognized as leaders in the development of industry-changing innovation such as changes in the way fans are applied in modern air handling systems. Our team has a steadfast commitment to customer service and delivering on our promises while providing the highest quality products throughout the world. BASX’ state-of-the-art manufacturing facility is located in Redmond, Oregon.

Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “should”, “will”, and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligations to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Important factors that could cause results to differ materially from those in the forward-looking statements include (1) the timing and extent of changes in raw material and component prices, (2) the effects of fluctuations in the commercial/industrial new construction market, (3) the timing and extent of changes in interest rates, as well as other competitive factors during the year, and (4) general economic, market or business conditions.

Contact Information
Joseph Mondillo
Director of Investor Relations
Phone (617) 877-6346
Email: joseph.mondillo@aaon.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/aaon-awarded-liquid-cooling-data-center-orders-totaling-approximately-174-5-million-302286999.html

SOURCE AAON

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Chindata Group Unveils AI Data Center Total Solution 2.0

Published

on

By

BEIJING, Oct. 25, 2024 /PRNewswire/ –Chindata Group officially unveiled its latest innovation, the AI Data Center Total Solution 2.0, at the 2024 China Computing Power Conference. Designed to meet the growing demands of artificial intelligence (AI) workloads, the solution addresses critical challenges such as high-density cabinets, hyperscale facilities, and heterogeneous computing environments.

The launch took place during the Data Center Technology Innovation and Transformation Forum, co-hosted by Chindata Group and the China Academy of Information and Communications Technology (CAICT). Held at the same conference, the forum brought together industry leaders from CAICT, China Telecom, Intel, Baidu, Alibaba Cloud, Inspur, Seagate Technology, and others to explore the latest advancements in intelligent computing and IT infrastructure for the AI era.

Addressing Evolving Demands in AI Workloads

The sharp rise in power consumption among GPUs and servers has led to data center clusters scaling beyond hundreds of megawatts. These trends present new challenges for traditional data center operations. As a leading data center operator, Chindata Group has developed a proactive strategy to address the increasing demand for computing power.

The AI Data Center Total Solution 2.0 incorporates advanced prefabrication and modular building models, the innovative “X-Power” power system, the “X-Cooling” cooling solutions, and an AI-driven comprehensive operation and maintenance platform. This state-of-the-art solution is designed to support the accelerated growth of artificial intelligence and ensure high-quality and flexible business operations for customers.

Key Features of AI Data Center Total Solution 2.0

1.     Flexible Prefabrication and Modular Construction: Prefabrication and modular construction models are capable of being arranged and manufactured in various stages, which allows for the agile deployment of business operations while accommodating a wide range of hardware configurations, including CPUs and different types of AI accelerators. This modularity improves IT performance per square unit and addresses the growing high-density requirements of AI technologies. This solution delivers a fast, efficient response to the need for high computing power in the era of large models and general artificial intelligence (AGI). Utilizing this construction methodology, a hyperscale project can be completed and handed over to the client within 6 months in China, and within 8 months across the rest of the Asia-Pacific region.

2.     X-Power Modular Power System: The upgraded “X-Power” system integrates over ten traditional components of power distribution into six primary modules: substations, generators, medium voltage units, low voltage units, batteries, and IT support equipments. These modules can be deployed in phases according to specific needs, allowing for flexible and scalable expansion. By reducing complexity, this system enhances power efficiency and accelerates the delivery of hyperscale facilities while maintaining the highest quality standards. The X-Power system is capable of supporting server cabinets with power densities of up to 132kW, providing robust power capacity for the most demanding AI and high-performance computing.

3.     X-Cooling Solutions: The “X-Cooling” solutions offer comprehensive cooling systems that combine air cooling, liquid cooling, and hybrid cooling methods to address the high-density demands of AI-ready data centers. With capabilities ranging from cabinet power densities of 8kW to 150kW, and achieving a PUE as low as 1.10 with immersive liquid cooling, this solution integrates multiple cooling technologies and products, adapting to architectural, environmental, and geographical constraints.

As traditional air cooling methods reach their limits in high-density environments, there is an increasing demand for liquid cooling in hyperscale data centers. In response, Chindata has initiated the development of industry standards for cold plate liquid cooling systems in China, leveraging the experience gained from developing and deploying X-Cooling solutions. These standards will ensure quality control throughout the lifecycle of the systems.

4.     AI-Driven Operations and Maintenance: Chindata’s integrated monitoring platform, combined with its data center operational management system, enables more automated and standardized management processes. By incorporating AI-driven solutions, the platform optimizes the control of critical systems, particularly the cooling systems, ensuring maximum efficiency and reliability. Chindata continues to refine its operation and maintenance protocols to meet the evolving demands of AI data centers.

Industry Leadership in AI Infrastructure

Zhang Binghua, Chief Technology Officer at Chindata Group, commented on the launch:

“The rise of AI is fundamentally transforming the landscape of data center technologies. Chindata has always been committed to leading technological innovation, focusing on modularity, integration, and advanced prefabrication. With the AI Data Center Total Solution 2.0, we are well-positioned to meet the diverse computing needs of the AI era, ensuring the efficient translation of electrical energy into computational power.”

About Chindata Group

Chindata Group is a leading carrier-neutral hyperscale data center solutions provider in the Asia-Pacific region, pioneering next-generation hyperscale data centers in China, India, and Southeast Asia. The company offers end-to-end services across the facility lifecycle, including planning, investment, design, construction, and operation. With a robust international development team, Chindata is expanding its data center clusters in Malaysia, India, and Thailand, and seeking further business opportunities in emerging markets across Asia-Pacific.

For media inquiries, please contact: media@Chindatagroup.com

View original content:https://www.prnewswire.com/news-releases/chindata-group-unveils-ai-data-center-total-solution-2-0–302287161.html

SOURCE Chindata Group

Continue Reading

Technology

Elegoo to Showcase Latest Innovations and Launch Inclusivity Initiatives at Formnext 2024

Published

on

By

SHENZHEN, China, Oct. 25, 2024 /PRNewswire/ — Elegoo, a rapidly developing brand in global smart manufacturing, is excited to announce its participation at Formnext 2024, one of the world’s largest exhibitions for additive manufacturing. From November 19-22, 2024, in Frankfurt, Germany, Elegoo will present its latest advancements in resin and FDM 3D printing and unveil initiatives promoting inclusivity beyond the industry.

Elegoo’s exhibit will feature the highly anticipated FDM flagship, Centauri Carbon, along with new products and Elegoo’s first software. These innovations underscore Elegoo’s mission to make 3D printing more accessible and versatile for both professionals and hobbyists.

Elegoo will also host several leading voices in the 3D printing community, who will deliver speeches on a variety of topics throughout the four-day event. Additionally, a special roundtable at its booth will spotlight the experiences of female designers and creators at the intersection of 3D printing and fashion. Plus, Elegoo’s first fan gathering in Europe will take place at a separate venue in Frankfurt during the exhibition, bringing together friends from across the continent.

Elegoo’s leadership team, including Kevin Wang, VP and Co-founder, Coco Lee, Brand Director, and Chris Liu, Sales Director, will be available at the booth to share the company’s latest innovations and their vision for the future of 3D printing.

For more information or to schedule a discussion with the Elegoo team, please contact marketing@elegoo.com. You may also visit Elegoo official website and social media platforms, including Facebook, Instagram, X (Twitter), YouTube, TikTok, Discord and Reddit.

Date: November 19-22, 2024
Venue: Messe Frankfurt Exhibition Center
Booth: Hall 12.1-F01

About Elegoo
Founded in 2015, Elegoo is a rapidly developing brand in the global smart manufacturing industry, specializing in R&D, manufacturing, and sales of consumer-grade 3D printers, laser engravers, STEM kits, and other smart technology products. Located in Shenzhen, the Silicon Valley of China, the company has sold millions of products to nearly 90 countries and regions. In 2023, the company’s total sales revenue reached approximately 200 million USD, with close to 700 employees and nearly 25,000 square meters of office and manufacturing area. With a focus on programming and 3D printing technology, Elegoo provides unique and smart creation spaces for diverse consumers to enhance personalized experiences.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/elegoo-to-showcase-latest-innovations-and-launch-inclusivity-initiatives-at-formnext-2024-302287244.html

SOURCE ELEGOO

Continue Reading

Technology

empinfo Launches Industry-First Solution to Automate Employment Letter Generation for International Employees

Published

on

By

Empowering Multinational Workforce and Streamlining Global HR Operations

SAN JOSE, Calif., Oct. 25, 2024 /PRNewswire/ — empinfo Inc., a leading provider of employment verification solutions, is proud to announce the launch of another innovative solution to optimize HR operations: A fully automated employment letter generation solution, specifically designed for international employees. This new feature, available directly within empinfo’s employment verification platform, sets a new industry standard for global HR operations and will be offered for no additional cost to empinfo’s employer clients.

empinfo Launches Industry-First Solution to Automate Employment Letter Generation for International Employees.

empinfo clients can now use this unique feature to easily create and customize employment letters for international employees, which supports multi-language and multi-currency functionality—without the need for additional implementation. Additionally, employees worldwide can directly access and download a copy of their employment letters anytime through the employees’ self-service dashboards.

Jag Puttanna, CEO at empinfo, expressed his excitement about the launch, stating, “No other provider in our industry offers this value-added solution. We are thrilled to introduce this unique feature as part of our ongoing mission to automate back-office tasks for employers, now expanding support for their global workforce.”

Initially launched for U.S. based employees, this feature now extends to employees across the globe, addressing a critical need for multinational organizations. It has been highly anticipated by clients and fills many key gaps in global HR operations.

Key Benefits of empinfo’s Employment Letter Solution:

Free for Employer Clients: Available at no cost to clients using empinfo’s employment and income verification solutions.

Customizable Solutions: Employment letters can be personalized to meet the unique requirements of multi-national organizations, with options to tailor letters for employees at a global level or localized for specific countries or regions.

Multi-Language and Multi-Currency Compatibility: HR teams can generate employment letters in various languages and currencies, ensuring alignment with local business practices and compliance needs.

Seamless Global Access: Employees can effortlessly access their employment letters through a self-service dashboard without the need to create traditional login credentials, offering “password-less” access for convenience and efficiency.

This revolutionary feature streamlines HR processes to manage employment letter requests for US and international employees, providing greater flexibility, efficiency, and support for global businesses.

About empinfo

empinfo provides nationwide coverage to verify people’s employment & income information to help lenders, pre-employment screeners, government agencies, landlords, and other authorized verifiers seeking to credential the applicants, online and 24×7. It helps employers outsource and automate the inbound employment/income verification process to reduce their administrative burden, mitigate the privacy risks of dealing with unknown 3rd party verifiers and provide a better experience for their employees.   

Trusted by employers and employees, empinfo is the most secure employment and income verification platform with innovative products for both enterprises and small and mid-sized businesses (SMBs.) With empinfo, organizations automate the continuous stream of inbound employment and income verifications, freeing up internal resources to focus on strategic business priorities while mitigating compliance risk and eliminating interactions with unknown third-party requestors such as lenders, pre-employment screeners, government agencies, landlords, and other.

For more information about empinfo, visit www.empinfo.com.

For media inquiries, please contact:

Anir Pradhan
anir.pradhan@empinfo.com
800-274-9694

#HRConference #empinfo #HR #Payroll #verifications #voe #voi

View original content to download multimedia:https://www.prnewswire.com/news-releases/empinfo-launches-industry-first-solution-to-automate-employment-letter-generation-for-international-employees-302287144.html

SOURCE EmpInfo, Inc.

Continue Reading

Trending