• Significant expansion step due to high demand for HPC infrastructure
• Further locations shortly before commissioning
• Computing power of 404 Petaflops by the end of Q1/2021
• Management Board provides overview of expansion and confirms forecast
• Top-class new composition of Supervisory Board
• KPMG elected as new auditor
• In the focus: Customer acquisition and capacity expansion
• Balance sheet total significantly increased to EUR 241 million
• Equity increased to EUR 97.7 million
• First revenues from customer business and confirmation of forecast
• Computing power 3.1 Exaflops
• Partners Gigabyte and AMD deliver hardware
• Financing secured by anchor customer
• Stefan Sickenberger to become Chief Operating Officer (COO)
• Preparation for next expansion steps in Canada and Scandinavia
• Advance into further HPC industries
• Northern Data AG: Successful development partnership with Gigabyte Technology
• Gigabyte Technology produces servers for distributed computing for Northern Data AG
• Exclusive application of these servers for custom HPC solutions developed by Northern Data
• Use cases in artificial intelligence and rendering
•Northern Data has been attacked anonymously with defamatory and outright false or deliberately misleading allegations through social media
•The company categorically rejects all allegations and reconfirms its guidance
•Base case 180 MW with upsize option to 300 MW
•”Strategic market positioning and strong leadership of Northern Data”
•Strong demand for Northern Data’s HPC-Solutions
•SBI Crypto positioned as strategic shareholder
•”A lot of synergies available between SBI Group and Northern Data”
•Additional Facilities in Canada and Scandinavia
• Initial commissioning successfully completed / Innovative cooling and proprietary AI systems are online and running well
• Area of 40 hectares / utilization of one gigawatt is now expected by the end of 2020
• Expansion to 3.6 gigawatts planned by 2023