Carrier Ventures Announces Investment in Strategic Thermal Labs for Development of Groundbreaking Data Center Cooling Technology [Yahoo! Finance]
Carrier Global Corporation (CARR)
Company Research
Source: Yahoo! Finance
solutions, today announced that its venture group, Carrier Ventures, is leading an investment and technology partnership with Strategic Thermal Labs ("STL"). Through this investment, Carrier will leverage STL's groundbreaking technology for a liquid cooling solution for data centers. The liquid cooling market is expected to approach 5B by 2028 driven by greenfield AI data center builds that will bring significantly higher rack power densities. Liquid cooling accounts for roughly 2% of overall cooling solutions within the data center today and is expected to increase to almost ~30% by 2028. "Direct-to-chip liquid cooling is significantly more efficient than traditional cooling methods and critical to data centers of the future as AI and other technologies continue to fuel the global demand for high-density computing," said Ajay Agrawal , Senior Vice President, Global Services, Business Development & Chief Strategy Officer, Carrier. "Together with STL, we will help to significantly re
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News
- Carrier: Lots Of Promising Moving Parts [Seeking Alpha]Seeking Alpha
- Refrigerator & Freezer Market Projected to Reach $269.16 billion by 2030 - Exclusive Report by 360iResearch [Yahoo! Finance]Yahoo! Finance
- Carrier to Present at the Oppenheimer 19th Annual Industrial Growth ConferencePR Newswire
- Carrier Global (NYSE:CARR) Is Paying Out A Dividend Of $0.19 [Yahoo! Finance]Yahoo! Finance
- Carrier Global Co. (NYSE: CARR) had its price target raised by analysts at TD Cowen from $66.00 to $70.00. They now have a "buy" rating on the stock.MarketBeat
CARR
Earnings
- 4/25/24 - Beat
CARR
Sec Filings
- 5/1/24 - Form 4
- 4/29/24 - Form 144
- 4/25/24 - Form 10-Q
- CARR's page on the SEC website