SAIHEAT to Announce SAIHEAT BASE PLAN 2029 on BIT HEAT DAY
November 14 2024 - 8:30AM
SAIHEAT Limited (f/k/a SAI.TECH Global Corporation) (“SAIHEAT” or
the “Company”) (NASDAQ: SAIH, SAITW) is pleased to unveil the
SAIHEAT BASE PLAN 2029, an ambitious initiative
delivering integrated energy services for the nextgen data centers.
Addressing the high energy demands and carbon footprint of data
centers, the BASE Project combines cutting-edge technologies for
sustainable power generation, efficient energy usage, and
comprehensive heat recycling in every step.
The BASE PLAN 2029 embodies SAIHEAT’s
commitment to Energy Defined Nextgen Computing
Centers, emphasizing renewable nuclear energy sources,
efficient chip performance, and advanced energy recycling. Through
the plan 2029, SAIHEAT aims to establish new standards in energy
sustainability, operational resilience, and environmental
responsibility, driving the future of high-performance, sustainable
computing.
In the BASE PLAN 2029, SAIHEAT features itself
with two core business modules:
- HEATWIT – The thermal module that provides
advanced liquid cooling systems and solutions for computing heat
recycling, which is increasingly crucial as BTC and AI applications
grow in demand and complexity. HEATWIT’s technology includes
high-efficiency cooling units and modular liquid-cooled cabinets,
reducing carbon emissions and minimizing environmental impact.
- HEATNUC – The power module focuses on global
power resource development and modular nuclear power joint
development. HEATNUC integrates sustainable land-based Small
Modular Reactor (SMR) solutions and is planning to explore
space-based solar energy (Earth Orbit solar, EOS) systems,
essential for the robust energy infrastructure required by data
centers.
Under the BASE PLAN 2029, SAIHEAT announces two
exciting initiatives to tackle current energy source challenges.
SAIHEAT will closely work with partners and jointly build
development efforts by committing as a sponsor and key contributing
member of non-profit group, Organization of Clean Energy and
Climate, Inc (OCEC).
- OpenSMR – An open-source initiative supporting
AI-driven data centers with SMR technology, OpenSMR aims to provide
standardized, cost-effective energy models for the computing
industry. In alignment with OpenSMR’s mission, SAIHEAT will release
key patents to advance SMR adoption in data centers worldwide.
These include:
- Control Rod Drive Mechanism for Small Modular Pressurized Water
Reactors: This patent introduces a compact control rod drive
mechanism enabling precise reactor control under extreme
conditions.
- Containment Cooling Device and Method Utilizing Heat Pipe
Cooling: This passive cooling system for SMRs utilizes heat pipes
for efficient, reliable heat transfer without external power.
- OrbitBTC – OrbitBTC addresses the
sustainability challenges of computing by relocating mining
operations to space. Utilizing uninterrupted solar energy in orbit,
OrbitBTC’s mining rigs eliminate reliance on terrestrial grids,
significantly reducing carbon emissions, water usage, and land
impact. This innovative, space-based model offers a 24/7 renewable
energy source, lowers operational costs, and provides scalable
operations free from regulatory land constraints, setting a new
benchmark for eco-friendly cryptocurrency mining.
About OCECThe Organization of Clean Energy and
Climate (“OCEC”) is a non-profit organization with the mission to
perform research and study on more effective ways to use computing
heat, develop the technology and system to demonstrate how
residential, commercial, and industrial scenarios can recycle the
computing heat waste as a replacement for traditional heating
The OCEC operates to build the Computing Heat Recycle Technology
Development Center in a way that benefits the local community. As
the first of this kind of R&D center, OCEC continues to be the
leader in this area, bringing the best computing heat recycling
solution to the world, and being one of the key contributors to
achieving carbon-neutral efforts.
For more information on OCEC, please visit https://ocec.co/.
About SAIHEATSAIHEAT Limited (Nasdaq: SAIH)
delivers integrated energy services for next-generation data
centers. Its thermal module, HEATWIT, offers data center liquid
cooling system and solutions for computing heat recycling. The
power module, HEATNUC, focuses on global power resource development
and modular nuclear power joint development.
Formerly known as SAI.TECH Global Corporation, SAIHEAT became a
publicly traded company on the Nasdaq Stock Market (NASDAQ) through
a merger with TradeUP Global Corporation in May 2022. For more
information on SAIHEAT, please visit https://www.saiheat.com
Safe Harbor StatementThis press release may
contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. The words
“believe”, “expect”, “anticipate”, “project”, “targets”,
“optimistic”, “confident that”, “continue to”, “predict”, “intend”,
“aim”, “will” or similar expressions are intended to identify
forward-looking statements. All statements other than statements of
historical fact are statements that may be deemed forward-looking
statements. These forward-looking statements include, but not
limited to, statements concerning SAIHEAT and the Company’s
operations, financial performance, and condition are based on
current expectations, beliefs and assumptions which are subject to
change at any time. SAIHEAT cautions that these statements by their
nature involve risks and uncertainties, and actual results may
differ materially depending on a variety of important factors such
as government and stock exchange regulations, competition,
political, economic, and social conditions around the world
including those discussed in SAIHEAT’s Form 20-F under the headings
“Risk Factors”, “Results of Operations” and “Business Overview” and
other reports filed with the Securities and Exchange Commission
from time to time. All forward-looking statements are applicable
only as of the date it is made and SAIHEAT specifically disclaims
any obligation to maintain or update the forward-looking
information, whether of the nature contained in this release or
otherwise, in the future.
Media Contactpr@saiheat.com
Investor Relations Contactir@saiheat.com
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