Keppel : T&T invests in data centre startup with patented technology

Keppel Telecommunications & Transportation Ltd (Keppel T&T) has through its wholly-owned subsidiary, Keppel Data Centres Pte. Ltd., invested US$10 million in data centre startup Nautilus Data Technologies Inc's (Nautilus) Series C preferred stock funding.

Based in California, United States, Nautilus is an internationally recognised company that employs patented water-cooling technology in pre-fabricated facilities, which are more cost efficient and environmentally sustainable than traditional structures and can be rapidly deployed across the globe. Nautilus was the first company to successfully launch a waterborne data centre prototype in 2015 incorporating its technology on a vessel, demonstrating additional capability for large scale modularity, mobility and flexibility in data centre deployment in both developed and emerging markets.

Nautilus is currently building its first commercial data centre at Mare Island Naval Shipyard in Northern California, and deployment is scheduled for early 2018. The carrier-neutral data centre facility will feature power capacity of approximately 6MW distributed across four data vaults with redundancy for connectivity and power.

Mr Wong Wai Meng, CEO of Keppel Data Centres, said, 'While meeting the digital economy's increasing demand for critical data centre infrastructure, we continuously look at better and more efficient ways of deploying data centre resources for our customers. This strategic investment in Nautilus will allow Keppel Data Centres to benefit from the development of innovative and sustainable data centre technology that has great potential for broader commercial application.'

The Nautilus design delivers multiple advantages over traditional air-cooled data centres, which typically require expensive cooling towers, water chillers, water treatment chemicals and refrigerants to cool the ambient air in server rooms. In contrast, Nautilus' water-cooled data centres employ less complex systems that can be deployed in half the time. Nautilus data centres are sited on vessels or on land near large water bodies, and use the naturally chilled water to cool the facilities, recirculating the water back to its original source with virtually zero water consumption.

By eliminating the need for energy-intensive air-cooling equipment and water treatment chemicals, Nautilus technology can reduce operating costs up to 30% while increasing cooling efficiency by up to 80%. It can also reduce carbon emissions and air pollution by 30%, while using only one third the spatial footprint with up to five times the server capacity.

Mr Wong added, 'Through this investment, we can also explore opportunities for collaboration and harnessing of synergies within the Keppel Group, for example, by tapping the Group's capabilities and experience in the offshore and marine sector for the development of floating water-cooled data centres.'

The abovementioned transaction is not expected to have a material impact on the net tangible assets or earnings per share of Keppel T&T for the current financial year.

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About Keppel Telecommunications & Transportation Ltd
Keppel Telecommunications & Transportation Ltd (Keppel T&T), is a subsidiary of Keppel Corporation Limited, a leading company listed on the Main Board of the SGX-ST with core businesses in offshore and marine, property, infrastructure and investments. Keppel T&T is also listed on the Main Board of SGX-ST with logistics and data centre operations in Europe and Asia-Pacific. In Singapore, wholly owned subsidiary Keppel Logistics has more than 40 years of experience in offering customised integrated logistics solutions. It currently also operates logistics facilities with advanced IT infrastructure in China, Hong Kong, Malaysia, Indonesia, Vietnam and Australia.

Keppel Data Centres, Keppel T&T's data centre division has a track record of more than a decade in owning, developing and managing high quality carrier-neutral data centre facilities that support mission-critical computer systems. Keppel T&T is also the sponsor of Keppel DC REIT, the first data centre Real Estate Investment Trust (REIT) listed in Asia and on the SGX-ST. Together with assets owned through Keppel DC REIT, Keppel T&T has a global portfolio of 18 data centres located in key data centre hubs across Asia Pacific and Europe.
http://www.keppeltt.com.sg

About Nautilus Data Technologies
Nautilus Data Technologies is a California-based company that created the world's first successful waterborne data centre, marking a new era for the data centre industry. Nautilus' patented water cooling technology is at the core of its design, delivering a data centre facility that operates more efficiently and less expensively than traditional land-based facilities, while achieving higher environmental standards. Nautilus data centres can be rapidly deployed across the globe and will help stimulate technology sector growth in underserved areas by democratising access to data. The company's first commercial data centre will launch in early 2018.
www.nautilusdt.com