NV5 Awarded $14 Million to Advance Global AI-Driven Data Center Infrastructure; Exceeds a Gigawatt of Data Center Design and Modeling in 2024
05 Noviembre 2024 - 7:00AM
NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a
provider of technology, certification, and consulting solutions,
announced today that it has been awarded $14 million in recent
contracts to support the global development of data center
infrastructure. Under the scope of these awards, NV5 will support
the scalability and efficiency of new construction and the
retrofitting of existing data centers in response to the heightened
electrical and cooling pressures of AI-driven workloads.
NV5 also announced that it has surpassed a gigawatt (GW) in data
center mechanical, electrical, and plumbing (MEP) design and
computational fluid dynamics (CFD) analysis globally through
September of this year. MEP design and CFD analysis work in concert
to deliver optimal cooling performance, thermal dynamics, and
energy efficiency for sustainable data center infrastructure.
“The expansion of our data center business continues to
accelerate, and we are pleased to contribute to efficient,
sustainable energy use in our clients’ operations,” said Ben
Heraud, Chief Executive Officer of NV5. “In 2024, NV5’s GW of AI
data center design and modeling has helped our clients unlock
approximately 300MW of additional computing capacity, or roughly
the amount of energy required to power 100,000 homes.”
About NV5NV5 Global, Inc. (NASDAQ: NVEE) is a
provider of technology, certification, and consulting solutions for
public and private sector clients supporting utility,
infrastructure, and building assets and systems. The Company
primarily focuses on six business verticals: Utility services,
infrastructure engineering, construction quality assurance,
buildings & technology, environmental health sciences, and
geospatial services. NV5 operates out of more than 100 offices
nationwide and abroad. For additional information, please visit the
Company’s website at www.NV5.com. Also visit the Company on
Twitter, LinkedIn, Facebook, and Vimeo.
Forward-Looking StatementsThis press release
contains “forward-looking statements” within the meaning of the
safe harbor provisions of the U.S. Private Securities Litigation
Reform Act of 1995. The Company cautions that these statements are
qualified by important factors that could cause actual results to
differ materially from those reflected by the forward-looking
statements contained in this news release. Such factors include:
(a) changes in demand from the local and state government and
private clients that we serve; (b) general economic conditions,
nationally and globally, and their effect on the market for our
services; (c) competitive pressures and trends in our industry and
our ability to successfully compete with our competitors; (d)
changes in laws, regulations, or policies; and (e) the “Risk
Factors” set forth in the Company’s most recent SEC filings. All
forward-looking statements are based on information available to
the Company on the date hereof, and the Company assumes no
obligation to update such statements, except as required by
law.
Investor Relations ContactNV5 Global, Inc. Jack
CochranVice President, Marketing & Investor RelationsTel:
+1-954-637-8048Email: ir@nv5.com
Source: NV5 Global, Inc.
NV5 Global (NASDAQ:NVEE)
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