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Soluna Announces Monthly Business Update

ALBANY, NY, June 5, 2024 – Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), a developer of green data centers… Read more »

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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

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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