LS Materials Enters AI Data Center Power Market with $51.5 Million Export Deal
LS Materials is expanding into the artificial intelligence data center (AIDC) power infrastructure market after securing a major ultracapacitor (UC) supply contract with a U.S.-based hydrogen fuel cell company.LS Materials announced on October 13 that it had signed a contract worth approximately $51.5 million, or around KRW 69 billion, to supply UCs for AI data center applications. The deal…
LS Materials has entered the AI data center power market with a $51.5 million export deal for ultracapacitor supply. This contract, the largest in the ultracapacitor industry for a South Korean company, comes after securing a $4.7 million deal earlier this year. The new contract, which will see deliveries begin in April 2027, represents a significant expansion into the rapidly growing AI infrastructure sector.
As the demand for AI data centers increases, operators are seeking reliable power infrastructure, creating potential demand for ultracapacitors in hydrogen fuel cell systems.
Brief written by urgent.news from Korea IT Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
