Boom successfully raises $300m in Series B funding

Designed to manage power flow between servers and ESS

Has now raised $254 million since inception

Will comprise a series of indirect cooling towers

Intends to open California facility next year

Will commence deliveries to a new data center site in 2027

The company will use the funding to advance product development and expand deployments

Targeting European and Asia-Pacific markets

Will focus on onsite energy solutions

Company says its batteries are better at handling spiky AI workloads than traditional UPS systems

Will see ABB supply power infrastructure to the AI campus

Expected to announce FID on the plant at the start of next year

Company says lithium-ion systems can be deployed safely in data center white space

Secures $150m agreement with first prospective client

Will expand its portfolio of data center management technologies

Signed deals with Doosan Enerbility and Hyundai E&C

Supplying key equipment as part of a delivery of 29 gas turbines to Stargate’s Texas data center

Will supply energy through a hybridized power solution

Deployments of the UPS are already underway at several hyperscale data centers across the US

Retrofits old CF6-80C2 jet engines into 48MW power generators

Company to offer power and cooling as well as servers

In partnership with Aurora AZ Energy

More than 20 companies announce partnerships with Nvidia in preparation of next wave of rack density jumps

Expected to be available in Q1 2026