The TerraPod platform integrates liquid-to-liquid cooling, isolated server racks, and battery backup systems to support high-density computing. Beyond the initial spec unit, the companies are negotiating a broader supply agreement that includes a potential order for 150 units, with a target execution date of December 31.
In section Market Quotes
Workhorse Shares Surge on AI Data Center Deal with Rhaelm Holdings
Shares of Workhorse Group climbed 24% to $3.17 in after-hours trading following a new agreement to build a manufacturing spec unit for Rhaelm Holdings. The U.K.-based infrastructure developer plans to utilize the TerraPod platform, Workhorse’s specialized system designed for vertically integrated AI operations.
Should the deal proceed, Workhorse intends to become a primary modular data center provider for the Rhaelm blueprint collaboration, pending final approval from consortium partners. The after-hours session saw significant investor interest, with trading volume exceeding 4.78 million shares.
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