Innventure, Inc. Stock Price, News & Analysis

Accelsius, a leader in two-phase liquid cooling technology, announces its participation at Data Centre World London from March 12-13, where it will showcase its innovative cooling solutions. The company will present its NeuCool system at Booth DC715, featuring multiple server configurations and a tabletop demonstrator.

The company will introduce the industry's first multi-rack, two-phase, direct-to-chip liquid cooling CDU. The NeuCool platform has demonstrated capacity to handle 2,200 watts per socket, offering up to 50% energy savings compared to traditional air cooling. This announcement follows Accelsius' recent partnership with Telehouse, strengthening its European presence.

The event will include a technical session by CRO Dino Foderaro on the advantages of two-phase cooling over single-phase systems, and a co-sponsored networking event with Vertiv on March 12.

Accelsius and Nordik Data Centers announced a strategic partnership to construct a next-generation AI data center near Montreal, featuring a co-innovation lab. The facility, set to be operational in Q2 2025, will showcase Accelsius' two-phase, direct-to-chip cooling technology and allow customers to validate performance metrics in real-world conditions.

The facility will support advanced compute workloads and dense compute pods, offering comprehensive testing and benchmarking capabilities. Notable features include measurement of free cooling potential, Power Usage Effectiveness (PUE), and optimized heat rejection methods. The Montreal facility will operate on 100% renewable energy and incorporate advanced heat recovery systems.

Nordik Data Centers chose two-phase, direct-to-chip liquid cooling to protect high-value IT infrastructure, with individual racks exceeding $1 million in server costs. The technology eliminates water-based cooling system leak risks while delivering superior thermal performance.

Accelsius, a leader in two-phase direct-to-chip cooling technology, announced key leadership changes in its marketing team. Liz Cruz, previously Senior Director of Product Marketing and Business Development, has been promoted to Chief Marketing Officer. The company also appointed Lucas Beran, former Dell'Oro Group Research Director, as Director of Product Marketing.

These strategic appointments follow Accelsius' successful $24 million Series A funding. Cruz brings 15 years of data center industry expertise and will lead the company's marketing strategy and brand development. Beran's extensive market intelligence in data center infrastructure will support the company's growth phase. Former CMO Rich Perley will transition to a Strategic Advisor role.

Both appointments aim to strengthen Accelsius' position in providing cooling solutions for modern data centers, particularly focusing on supporting AI workloads and building sustainable digital infrastructure.

Innventure (Nasdaq: INV) has announced a conference call scheduled for January 30, 2025, at 5:00 pm ET to provide details about its recent collaboration with The Dow Chemical Company and the launch of Refinity, its fourth operating company.

The call will feature presentations from Bill Haskell, Innventure's CEO, and Bill Grieco, Refinity's CEO, who will discuss Refinity's value proposition, market opportunity, and technology differentiation. Participants can join via webcast through Innventure's investor relations website or through teleconference by registering in advance.

A slide presentation will be made available on the company's investor relations website prior to the event's start. While registration remains open throughout the live call, advance registration is recommended to ensure full participation.

Refinity, the newest company from Innventure (NASDAQ: INV), has acquired global licensing rights from VTT Technical Research Centre of Finland for its advanced plastic waste conversion technology. The technology transforms hard-to-recycle plastic waste into petrochemical raw materials, including olefins like ethylene and propylene, with higher yields and lower CO2 emissions compared to conventional processes.

The company plans to commercialize the cost-effective conversion of mixed plastic wastes to chemical precursors, replacing fossil feedstock. Refinity will collaborate with VTT to optimize the technology for different plastic waste feedstocks, focusing on materials currently landfilled or incinerated. The company intends to integrate its manufacturing plants with existing petrochemical operations to achieve economic scalability.

Bill Grieco, Innventure's CTO, will serve as Refinity's CEO, while Adam Javan joins as COO. This development follows Innventure and Dow's recent announcement to collaborate on waste-to-value technologies through Refinity.

Innventure (Nasdaq: INV) has been awarded Gold in the Most Innovative Service of the Year category at the 2024 Best in Biz Awards. The company, which operates as a technology commercialization platform, was selected from hundreds of entries across 100 categories by judges from leading North American publications.

The company specializes in transforming disruptive technologies from early evaluation to scaled commercialization, targeting enterprises with potential values of at least $1 billion. Innventure's systematic approach combines entrepreneurial capabilities, corporate resources, and operational expertise to commercialize breakthrough technologies from multinational corporations.

CEO Bill Haskell emphasized the recognition as a testament to their reimagined approach to technology commercialization. The judging panel included representatives from prestigious publications such as Barron's, Wired, Los Angeles Times, and Computerworld, among others.

Dow (NYSE: DOW) and Innventure (NASDAQ: INV) announced a collaboration to develop and commercialize waste-to-value technologies. Innventure has created a new subsidiary, Refinity, to convert mixed wastes, including hard-to-recycle plastics, into petrochemical feedstocks. Dow will provide technical resources and support site identification for future commercial plants.

Refinity will license thermochemical processes, such as gasification to convert plastic waste to light olefins. The collaboration aligns with Dow's sustainability target to commercialize three million metric tons of circular and renewable solutions by 2030. Both companies will potentially collaborate on waste supply chain development, including plastic feedstock aggregation and upgrading.

Accelsius and iM Data Centers have announced a strategic partnership to deliver sustainable data center cooling solutions. The collaboration will initially focus on iM's Miami data center, scheduled to open in Q1 2025. The 100,000-square-foot facility will offer 10-40 megawatts of power and feature Accelsius' NeuCool Thermal Simulation Rack with integrated Load Simulation Sleds. The Miami facility, powered by two utility substations, will demonstrate energy-efficient direct-to-chip liquid cooling capabilities for next-generation AI CPU and GPU workloads.

Innventure (NASDAQ: INV) announced its financial results for Q3 2024, highlighting key achievements including Accelsius delivering its first revenue-generating system. The company recently completed its business combination and began trading on the Nasdaq in early October. CEO Bill Haskell emphasized that both AeroFlexx and Accelsius are now delivering commercial products to the market, exceeding expectations. The company aims to scale these operations and launch new companies while focusing on bringing breakthrough technologies to market.