Soluna Holdings

Soluna Holdings

MTI is engaged in the design, manufacture, and sale of test and measurement instruments.

  • Edit
loading funding rounds…

Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
USD20202021202220232024
Revenues00000000000000000000
% growth-2311 %99 %(26 %)80 %
EBITDA00000000000000000000
% EBITDA margin(231 %)(4 %)(29 %)(36 %)(92 %)
Profit00000000000000000000
% profit margin327 %(37 %)(346 %)(139 %)(167 %)
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000
R&D % of revenue251 %----

Source: Company filings or news article

More about Soluna Holdings
Made with AI
Edit

Soluna Computing is a forward-thinking company that offers a unique solution for renewable energy producers. The company builds small-footprint data centers that purchase and utilize excess energy generated by power plants. This innovative approach ensures that renewable energy producers can sell all the energy they generate, maximizing their revenue and ensuring that no energy goes to waste.

Soluna primarily serves renewable energy producers, such as wind and solar power plants, who often face challenges in selling all the energy they produce. By providing a consistent and reliable customer for their excess energy, Soluna helps these producers stabilize their income and meet investor expectations.

Operating in the renewable energy and data center markets, Soluna leverages the high energy demands of data centers to create a symbiotic relationship. Data centers require a constant and substantial amount of power to operate, making them ideal customers for renewable energy producers. Soluna's data centers are designed to be 100% green, scalable, and quick to activate based on demand, ensuring they can efficiently consume excess energy.

Soluna's business model revolves around building and operating these data centers. The company makes money by purchasing excess energy at competitive prices from renewable energy producers and using it to power their data centers. This not only provides a steady revenue stream for Soluna but also helps renewable energy producers earn more profits and retain tax credits by ensuring they can sell all the energy they generate.

In summary, Soluna Computing offers a win-win solution for renewable energy producers and the data center industry. By creating a market for excess renewable energy, Soluna helps producers maximize their output and revenue while providing a sustainable and efficient power source for data centers.

Keywords: renewable energy, data centers, excess energy, green technology, scalable solutions, power plants, revenue maximization, energy market, sustainable power, tax credits.

Analytics
Unlock the full power of analytics with a premium account
Track company size and historic growth
Track team composition and strength
Track website visits and app downloads

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.
Book a Demo