The Woodlands, Texas — According to state and local economic development sources Lancium plans to invest $2,625,000.00 to build out 25,000 square feet of new space in The Woodlands. The company plans to occupy the new space at 9950 Woodloch Forest Drive Suite 1700 in The Woodlands, on or about October 1, 2022. According to the company website Lanciums products and services make us a leader in sustainable carbon-neutral, low-cost infrastructure that will be a key component of the decarbonized grid and power the next generation of cryptocurrency mining operations and other distributed, energy intensive applications. Software and technical solutions that enable the faster decarbonization of the electrical grid. Renewable energy is the future. Wind and solar are now the cheapest sources of power nearly everywhere. But to solve intermittency and congestion issues, the grid needs new solutions at very large scale. Lancium Smart Response: A key component of the renewable grid is responsive load. In 2020, Lancium enabled the worlds first Controllable Load Resource data center. Today it works for Bitcoin mining but traditional computing is next. Smart Response allows data centers to resolve congestion and provide critical ancillary services back to the grid.

To learn more about Lancium, visit http://lancium.com/

Company Contact:
Michael McNamara, President
michael.mcnamara@lancium.com
https://www.linkedin.com/in/michael-mcnamara-1055211/
646-460-1969

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