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SINGAPORE, May 02, 2023 (GLOBE NEWSWIRE) — SAI.TECH GLOBAL CORPORATION (“SAI.TECH” or “SAI” or the “Company”, NASDAQ: SAI ), a sustainable Bitverse operator, has announced the co-organization of the Ribbon Cut. An event with the Southeast Ohio Port Authority Computer Thermal Technology Development Recycling Center in Marietta, Ohio, USA.
The Southeast Ohio Port Authority (SeOPA) is the statutory agent for Washington County. As an economic development organization, the Port Authority’s mission is to enhance Washington County’s economic competitiveness and stimulate business, industry and local entrepreneurs for business creation and investment. SeOPA is governed by a board of business and community leaders approved by the County Commission. The Port Authority is headed by Jesse C. Roush as executive director and Hannah Shafer as executive coordinator.
The Computing Heat Technology Development Recycling Center is located in Marietta, Ohio and will deploy SAI.TECH’s new ULTIAS products TANKBOX and RACKBOX with advanced liquid cooling and waste heat recovery technologies to plug clean electrical energy sources in Ohio. More significantly, this center develops technologies for the recycling of cryogenic heat for various heating needs such as greenhouse and building heating, poultry industry operations. Therefore, this hub not only saves both bitcoin mining and electricity costs for greenhouse producers, but also provides the community with the new sustainable model of clean bitcoin mining.
The ribbon cutting event began with a welcome address by SE Ohio Port Authority Executive Director Jesse Roush. Mrs. Amy Kosselak from American Electric Power Corporation, the largest power supplier in the United States, was invited to the ribbon cutting event.
Mr. Tao Zhang, the founder of SAI.TECH, gave a speech about why he founded SAI.TECH and the meaning of computer heat technology development recycling center. “Four years ago, I co-founded SAI.TECH, a climate crisis driven by my belief in Bitcoin and my concern for the crisis affecting all of humanity. We started as a group of awesome geeks. We have a unique goal of advancing Bitcoin mining and we are behind it. We are committed to making existing technology the ultimate vehicle for value and data. “Sustainable energy solutions allow the intelligent designs of the mining machines and the computer infrastructure that host them to recover the powerful heat used in their nearby agricultural greenhouses. The power of unity to bring about positive change in our communities.”
Dr. Tao Wu, director of the OHIO Computing Heat Recycling Technology Development Center, introduced detailed information about the center and shared the future plans. It hosts development rooms, TANKBOX and RACKBOX. Machines and computer infrastructure rooms can provide important resources to nearby agricultural greenhouses. This unique collaboration between the computer and agricultural industries shows the power of unity and cooperation to bring positive change to our society and environment, said Dr. Tao. Wu, ” In closing, I am confident that the Ohio Computing Heat Recycling Technology Development Center will contribute to the growth of our local economy by reducing our carbon footprint. As we enter a new era of sustainable energy solutions for the computer industry, we are committed to fostering collaboration and innovation in pursuit of a brighter and greener future. Present and announce the beginning of the ribbon cutting ceremony, “Thank you all for joining us today to celebrate this historic event. Together, we will challenge expectations, break new ground, and ensure Ohio is truly a powerhouse of innovation and sustainability. Now without further ado, let the ribbon cutting begin.
Event Agenda:
1. Welcome address and speech of SEO Port Authority Jesse Rush
2. The speech of Mr. Tao Zhang, the founder of SAI.TECH
3. Speech by Ms. Amy Kosselak of AIEP Corp
4. Speech by Dr. Tao Wu, Director of OHIO Computing Heat Recycle Technology Development Center
5. The official ribbon cutting ceremony
6. Indoor meet and greet session
About the Port Authority of Southeast Ohio
The Southeast Ohio Port Authority, Washington County’s economic development agency, exists to serve current and future county businesses and industries.
The Port Authority shall endeavor to:
Attract, retain and support new investment and employment to the area.
Capitalizing on public financing opportunities to underwrite and finance major project development.
Work side by side with local companies to maintain and grow manufacturing and employment.
Plan and develop basic infrastructure needs to build a strong county business base.
For more information about the Southeast Ohio Port Authority, please visit https://www.seohioport.com/.
About SAI.TECH
SAI.TECH is a sustainable Bitverse operator listed in Singapore (SAI). SAI is committed to providing zero-carbon energy system (HEATNUC) based on small modular reactor and heat pump combined power supply technology, providing clean computing services based on liquid cooling and chip waste heat utilization technology (ULTIAAS) and decentralized trading system services. Based on blockchain and lightning network technology (BOLTBIT).
In May 2022, SAI merged with TradeUP Global Corporation (“TradeUP”) and became a publicly traded company on the Nasdaq Stock Market (NASDAQ) under the new ticker symbol “SAI”.
For more information about SAI.TECH please visit https://sai.tech/.
Media communication
pr@sai.tech
Investor Relations
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