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Soluna Announces Monthly Business Update

ALBANY, NY, April 8, 2024 – Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), a developer of green data centers… Read more »

Investor Relations

Soluna Holdings, Inc.

325 Washington Ave. Extension
Albany, NY 12205
516-216-9257
hello@soluna.io

Media Contact

Soluna Holdings, Inc.

325 Washington Ave. Extension
Albany, NY 12205
516-216-9257
hello@soluna.io

EcoChain, Inc. Announces Strategic Update on its Growth and Operations

“Our Washington mine is operating at approximately 2.6MW. The assets were acquired in May 2020 and the capacity of the mine was increased in the fall of 2020, as a result of improvements mining operations and infrastructure. These improvements are expected to enable the return of 100% of the capital we deployed to the site by the end of the second quarter of 2021, or in under twelve months.”

Third Quarter 2020 Highlights

Product revenue at our MTI Instruments subsidiary has now climbed 47% higher than prior year to date. This brings the year to date revenue to $7.5M, exceeding 2019 total year revenue of $6.6M. The majority of the increase is attributed to shipments under the historic delivery order from the United States Air Force for 52 new PBS-4100+ engine vibration balancing systems, which was received in April 2020.  The rise in military sales has offset a slight decline in the other instrumentation sales.

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