Soluna Holdings Announces the Appointment of Ernest Popescu to Advisory Board

Rhea-AI Summary

Soluna Holdings (NASDAQ: SLNH) has appointed Ernest Popescu to its advisory board. Popescu, currently CEO and founder of Metrobloks, brings extensive experience in data center infrastructure from his previous roles at Amazon Web Services, Meta, and Iron Mountain Data Centers. At Iron Mountain, he developed opportunities exceeding 2 GW across the US and Europe. The appointment aligns with Soluna's focus on developing green data centers for intensive computing applications, including Bitcoin mining and AI.

Popescu's expertise in both 'develop and sell' and 'develop and buy' models positions him as a strategic addition to Soluna's advisory board, supporting the company's expansion of Renewable Computing solutions for AI.

Positive

• Addition of experienced data center industry executive with leadership roles at major tech companies
• Strategic alignment with advisory member who has developed 2+ GW of data center opportunities
• Potential for business partnership opportunities through Metrobloks connection

Negative

• None.

ALBANY, N.Y.--(BUSINESS WIRE)-- Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, is pleased to announce the appointment of Ernest Popescu to its advisory board.

Ernest Popescu is the Chief Executive Officer and founder of Metrobloks, a data center company committed to revolutionizing the industry through a customer-centric approach, focusing on reliability, efficiency, sustainability, and customer trust. Prior to founding Metrobloks, Ernest had a distinguished career at Amazon Web Services (AWS) and Meta (formerly Facebook), where he held leadership roles in global data center capacity planning and development.

“We are excited to welcome Ernest Popescu to our advisory board,” said John Belizaire, CEO of Soluna. “Ernest’s deep expertise in building, managing, and scaling data center infrastructures for some of the world’s leading technology companies will be invaluable to Soluna as we continue to expand our Renewable Computing solutions for AI.”

Ernest also served as the global data center development lead at Iron Mountain Data Centers, where he developed a pipeline of over 2 GW of opportunities across the US and Europe. His experience spans both “develop and sell” and “develop and buy” models, positioning him as a forward-thinking leader with a comprehensive view of the data center industry.

“I’m excited to join Soluna’s advisory board. Their vision to harness renewable energy to develop data centers resonates with me deeply. I look forward to partnering at both a personal level and via Metrobloks, LLC as applicable.”

Soluna is confident that Ernest’s appointment will further strengthen its commitment to delivering cutting-edge, high performance computing data centers scale.

About Soluna Holdings

Soluna Holdings is pioneering the future of renewable computing by creating sustainable data centers powered by renewable energy. The company’s unique approach to integrating renewable energy with high-performance computing offers an environmentally conscious solution for industries requiring significant computational power, such as cryptocurrency mining and artificial intelligence. Soluna’s commitment to innovation and sustainability drives its vision to help shape a cleaner, greener digital future.

About Soluna Holdings, Inc (SLNH)
Soluna is on a mission to make renewable energy a global superpower using computing as a catalyst. The company designs, develops, and operates digital infrastructure that transforms surplus renewable energy into global computing resources. Soluna’s pioneering data centers are strategically co-located with wind, solar, or hydroelectric power plants to support high-performance computing applications including Bitcoin Mining, Generative AI, and other compute-intensive applications. Soluna’s proprietary software MaestroOS(™) helps energize a greener grid while delivering cost-effective and sustainable computing solutions, and superior returns. To learn more visit solunacomputing.com. Follow us on X (formerly Twitter) at @SolunaHoldings.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241219334205/en/

Sam Sova

Partner and CEO

SOVA

Sam@letsgosova.com

Source: Soluna Holdings, Inc.

FAQ

What experience does Ernest Popescu bring to Soluna Holdings (SLNH) advisory board?

Ernest Popescu brings experience from leadership roles at AWS, Meta, and Iron Mountain Data Centers, where he developed over 2 GW of opportunities across the US and Europe. He is currently CEO of Metrobloks and has expertise in data center capacity planning and development.

How does Ernest Popescu's appointment align with SLNH's business strategy?

Popescu's appointment aligns with Soluna's focus on developing green data centers for intensive computing applications, including Bitcoin mining and AI, leveraging his expertise in building and scaling data center infrastructures.

What is the potential impact of Popescu's appointment on SLNH's expansion plans?

Popescu's experience in both 'develop and sell' and 'develop and buy' models, along with his expertise in data center infrastructure, is expected to support Soluna's expansion of Renewable Computing solutions for AI.

Will SLNH collaborate with Metrobloks following Popescu's appointment?

According to Popescu's statement, there is potential for partnership opportunities both at a personal level and through Metrobloks, as applicable.