Ashi Alpesh's questions to Innventure Inc (INV) leadership • Q2 2025
Question
Ashi Alpesh of Sidoti & Company, LLC asked for details on the Excelsius product, specifically how accurately its thermal simulation rack can replicate real-world AI and high-performance computing (HPC) workloads. Alpesh also inquired about the market feedback from the initial proof-of-concept deployments.
Answer
Excelsius CEO Josh Clayman explained that their thermal test vehicles (TTVs) accurately simulate the heat loads of expensive GPU servers at a fraction of the cost, which has led them to productize the solution due to market demand. He characterized the feedback from initial proof-of-concept deployments as 'extremely positive,' as they allow customers to validate performance claims before making larger commitments. CEO Bill Haskell added that the technology also allows customers to project cooling performance for future, more powerful chips that are not yet on the market.