MKTY MECHANICAL TECHNOLOGY INC

Soluna Holdings, Inc. to Present at Investor Summit Group's Q3 Virtual Conference

Albany, New York--(Newsfile Corp. - August 12, 2022) - Soluna Holdings, Inc. (NASDAQ: SLNH) today announced that Michael Toporek, CEO of Soluna Holdings will be attending the Q3 Virtual Investor Summit. Soluna Holdings, Inc. is the leading developer of green, modular, scalable data centers for computing-intensive, batchable applications such as cryptocurrency mining, AI, and machine learning, powered by wasted renewable energy. 

 Event: Q3 Investor Summit
 Date: August 16 & 17th, 2022
 Presentation: August 16 @ 2:45 p.m. ET
 Location: 

 

  • 1x1s will be available for qualified investors
  • The conference is completely complementary to qualified investors. Please register at .

Company Description
Soluna Holdings, Inc. (NASDAQ: SLNH) is the leading developer of green data centers that convert excess renewable energy into global computing resources. Soluna builds modular, scalable data centers for computing intensive, batchable applications such as cryptocurrency mining, AI and machine learning. Soluna provides a cost-effective alternative to battery storage or transmission lines. Soluna uses technology and intentional design to solve complex, real-world challenges. Up to 30% of the power of renewable energy projects can go to waste. Soluna's data centers enable clean electricity asset owners to 'Sell. Every. Megawatt.'

For more information about Soluna, please visit or follow us on LinkedIn at and Twitter .

Contact
MZ North America
Brian M. Prenoveau, CFA
561-489-5315

About Investor Summit Group
The Investor Summit (formerly MicroCap Conference) is an exclusive, independent conference dedicated to connecting smallcap and microcap companies with qualified investors. The Q3 Investor Summit will take place virtually, featuring 90+ companies and over 500 investors comprising institutional investors, family offices, and high net worth investors. Sectors Participating: Biotech, Communication Services, Consumer, Energy, Energy/Tech, Financial, Healthcare, Industrials, Materials, Real Estate, Technology, and Tech/Crypt. Contact:

------------------------------------------------------------------------------------------------------------------------------------------

To view the source version of this press release, please visit

EN
12/08/2022

Underlying

MKTYMECHANICAL TECHNOLOGY INC

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on MECHANICAL TECHNOLOGY INC

Graham Mattison
  • Graham Mattison
MKTY MECHANICAL TECH...

Fireside Chat Highlights the Value of Soluna's Proprietary Technologie...

We recently hosted Soluna Computing Chief Technology Officer Dipul Patel for a fireside chat, which included a discussion of the recent operational execution at Project Sophie and Project Dorothy, the success of the company’s proprietary operating software Maestro OS, and how Soluna’s technology can support the massive growth of AI. This report contains a transcript of the fireside chat from October 10, 2023, which can be accessed here. Soluna’s technology delivers flawless performance at Proje...

MKTY MECHANICAL TECHNOLOGY INC
10/23/23 October 23, 2023 1 EN
Graham Mattison
  • Graham Mattison
MKTY MECHANICAL TECH...

Another Milestone Hit; Cash Flow Contributions Building; Corporate Tra...

Project Dorothy 1 is now fully energized at 50 MW. The company has installed more than 15,000 machines, giving the site more than 1.76 EH/s. Project Dorothy 1 is also operating at a record-breaking power usage effectiveness (PUE) of 1.01, further highlighting the efficiency of Soluna’s modular data centers and the company’s proprietary system Maestro OS (™), which has flawlessly managed power curtailment through the record heat this summer. Fireside chat with CTO Dip Patel on October 10 at 11:00...

MKTY MECHANICAL TECHNOLOGY INC
10/06/23 October 6, 2023 1 EN
Graham Mattison
  • Graham Mattison
MKTY MECHANICAL TECH...

In-line 2Q; Look for Improving Results in 2H and Beyond as New Project...

Reported in-line 2Q results. As expected, revenues of $2.1 million were down from 1Q23 and 2Q22, as the company shifted to hosting contracts at its data centers rather than proprietary Bitcoin mining where it recognized both higher revenues and costs. G&A expenses declined sequentially and Y/Y from ongoing cost structure rationalization efforts. We note that 2Q23 did include higher legal costs related to the multiple project signings in the quarter. Significantly improved balance sheet positio...

MKTY MECHANICAL TECHNOLOGY INC
08/24/23 August 24, 2023 1 EN
Graham Mattison
  • Graham Mattison
MKTY MECHANICAL TECH...

Fireside Chat Highlights Recent Execution and Improving Outlook

We recently hosted Soluna Holdings new CEO John Belizaire for a fireside chat, which included a discussion of the recent milestones reached at multiple projects, cash flow contributions from the growing project portfolio, and the development pipeline that has more than doubled in the past three months. This report contains a transcript of the fireside chat from July 25, 2023, which can be accessed here. Momentum building after hitting key milestones. Belizaire highlighted some of the recent acco...

MKTY MECHANICAL TECHNOLOGY INC
08/10/23 August 10, 2023 1 EN
Graham Mattison
  • Graham Mattison
MKTY MECHANICAL TECH...

Recent Outside Investments in Existing Projects Imply SLNH's Valuation...

Current market valuation only gives credit for existing projects, making the project pipeline a free option. Earlier this year, Spring Lane Capital and Navitas Global bought their project stakes at an implied valuation of $566K and $941K per MW of capacity. Using the average price paid gives a $31.3 million value for Soluna’s 100% share of Project Sophie and a 15% and 51% share of Project Dorothy 1A and 1B, about equal to the current $31.9 million enterprise value (Source: YCharts). Using the hi...

MKTY MECHANICAL TECHNOLOGY INC
06/22/23 June 22, 2023 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch