This energy startup’s bet on 100-year-old grid tech is paying off
•Demand for electrical transformers, fueled in part by AI data centers, has grown so high that one prominent investor is backing a new startup that uses a very old technology.
•Ayr Energy makes transformers with iron-cores, the same basic tech used in the grid for over a century.
•A number of other startups have popped up to dethrone the iron-core transformer, but Ayr and its investors think there’s plenty of life left in the old tech.
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Demand for electrical transformers, fueled in part by AI data centers, has grown so high that one prominent investor is backing a new startup that uses a very old technology. Ayr Energy makes transformers with iron-cores, the same basic tech used in the grid for over a century. A number of other startups have popped up to dethrone the iron-core transformer, but Ayr and its investors think there’s plenty of life left in the old tech. Judging by the company’s order book, now north of $500 million, they might be right.المصدر: TechCrunch | Source: TechCrunch
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This article was originally published by TechCrunch. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.
