Northern Data AG · ISIN: DE000A0SMU87 · EQS - Company News

Northern Data Group accelerates focus on AI Solutions business and explores potential transaction of Mining business

PRESS RELEASE / IR NEWSNorthern Data Group accelerates focus on AI Solutions business and explores potential transaction of Mining busines   Clear strategy to focus on the acceleration of the AI Solutions business  Q3 earnings revealed strong sequential growth in AI solutions business Reinvestment of potential proceeds would drive significant growth Frankfurt/Main – 21 October 2024 – Northern Data AG (ETR: NB2) (“Northern Data Group”, “Northern Data” or “the Group”), a leading provider of AI ...

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In this overview you can view company news in the chronological order of publication. The source information comes from EQS News, the leading European news distributor. The most recent news item is listed first.
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21 October 2024 07:40AM
Northern Data Group accelerates focus on AI Solutions business and explores potential transaction of Mining business
PRESS RELEASE / IR NEWSNorthern Data Group accelerates focus on AI Solutions business and explores potential transaction of Mining busines   Clear strategy to focus on the acceleration of the AI Solutions business  Q3 earnings revealed strong sequential growth in AI solutions business Reinvestment of potential proceeds would drive significant gr...
Northern Data AG
21 October 2024 07:35AM
Northern Data AG examines possible divestment of its cryptomining business Peak Mining
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014 Northern Data AG examines possible divestment of its cryptomining business Peak Mining Frankfurt am Main, 21 October 2024 – The Management Board of Northern Data AG (ISIN: DE000A0SMU87, the “Company”) resolved today to begin negotiations with interested p...
Northern Data AG
17 October 2024 08:00AM
Northern Data Group announces strong Q3 2024 Results, reaffirms 2024 guidance
PRESS RELEASE / IR NEWS   Northern Data Group announces strong Q3 2024 Results, reaffirms 2024 guidance   Q3 2024 revenue of EUR 59 million, up 235% year-on-year and adjusted EBITDA of EUR 25 million The combined Cloud and Data Centers Q3 2024 revenue was EUR 48 million, up 296% from Q2 2024, and was more than ten times higher than Q3 2023, d...
Northern Data AG
11 October 2024 08:00AM
Northern Data Group Announces Third Quarter 2024 Earnings Conference Call
PRESS RELEASE / IR NEWS   Northern Data Group Announces Third Quarter 2024 Earnings Conference Call   Frankfurt/Main, Germany – October 11, 2024 – Northern Data AG (ETR: NB2) (‘Northern Data Group’ or ‘the Group’), a leading provider of AI and high-performance computing (HPC) solutions, today announces that it has scheduled its third quarter 2...
Northern Data AG
13 September 2024 01:00PM
Northern Data AG holds Annual General Meeting
PRESS RELEASE / IR NEWS Northern Data AG holds Annual General Meeting Frankfurt/Main – 13 September 2024 – Northern Data AG (ETR: NB2) (“Northern Data Group” or “the Group”) successfully concluded its 2024 Annual General Meeting, which was virtually broadcast via livestream, for its duly registered shareholders or their proxies on the company’s we...
Northern Data AG
13 September 2024 01:00PM
Northern Data AG holds Annual General Meeting
PRESS RELEASE / IR NEWS Northern Data AG holds Annual General Meeting Frankfurt/Main – 13 September 2024 – Northern Data AG (ETR: NB2) (“Northern Data Group” or “the Group”) successfully concluded its 2024 Annual General Meeting, which was virtually broadcast via livestream, for its duly registered shareholders or their proxies on the company’s we...
Northern Data AG
06 September 2024 10:00PM
Successful completion of preset purchase plan for the acquisition of Northern Data Group shares by CEO Aroosh Thillainathan
PRESS RELEASE / IR NEWS Successful completion of preset purchase plan for the acquisition of Northern Data Group shares by CEO Aroosh Thillainathan   Acquisition of further 91,719 Northern Data shares for a total purchase price of approx. EUR 2.54 million by CEO Aroosh Thillainathan via his family office ART Beteiligungs Management GmbH in the per...
Northern Data AG
02 September 2024 10:00PM
Update on acquisition of Northern Data Group shares by CEO Aroosh Thillainathan under preset purchase plan
PRESS RELEASE / IR NEWS Update on acquisition of Northern Data Group shares by CEO Aroosh Thillainathan under preset purchase plan   Acquisition of 278,781 Northern Data shares for a total purchase price of approx. EUR 7.41 million by CEO Aroosh Thillainathan via his family office ART Beteiligungs Management GmbH in the period from 16 August 2024 ...
Northern Data AG
15 August 2024 02:00PM
Northern Data Group CEO Aroosh Thillainathan initiates another standing order for share acquisition
PRESS RELEASE / IR NEWS Northern Data Group CEO Aroosh Thillainathan initiates another standing order for share acquisition   Transaction amounts to a total purchase price of up to EUR 10 million over the next two months Acquisition expected to increase the CEOs stake to more than 8.0% of Northern Data Group’s share capital. Purchase follows a su...
Northern Data AG
06 August 2024 09:00AM
Northern Data Group announces Q2 Results, reaffirms 2024 guidance
Northern Data Group announces Q2 Results, reaffirms 2024 guidance   The Group reports Q2 revenue of EUR 26 million, up 22% year-on-year, for a combined H1 2024 revenue of EUR 55 million, up 49% year-on-year, with break-even adjusted EBITDA Cloud* Q2 Revenue was EUR 12 million, up 236% year-on-year and up 56% from Q1, driven by onboarding clients ...
Northern Data AG
29 July 2024 09:00AM
Northern Data Group Announces Second Quarter 2024 Earnings Conference Call
PRESS RELEASE / IR NEWS   Northern Data Group Announces Second Quarter 2024 Earnings Conference Call   Frankfurt/Main – 29 July 2024 – Northern Data Group (Ticker symbol German stock market: NB2, ISIN: DE000A0SMU87), a leading provider of High-Performance Computing (HPC) solutions, today announces that it has scheduled its second quarter 2024 e...
Northern Data AG
15 July 2024 08:29AM
Resolution on 20% capital increase against cash contributions secured by backstop agreement
Disclosure of inside information pursuant to Article 17 of the Regulation (EU) No 596/2014 NOT FOR DIRECT OR INDIRECT PUBLICATION, DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE UNLAWFULNorthern Data AG: Resolution on 20...
Northern Data AG
12 July 2024 12:00PM
Northern Data Group releases audited 2023 Financial Results
PRESS RELEASE / IR NEWS Northern Data Group releases audited 2023 Financial Results   Group 2023 revenue was EUR 77.5 million, above market forecast Foundation laid for Northern Data Group’s continued transformation into a leading High-Performance Computing solutions provider Investing substantially to increase revenue in 2024, with an anticipat...
Northern Data AG
01 July 2024 09:00AM
Northern Data Group is first in Europe to acquire NVIDIA H200 GPUs
PRESS RELEASE / IR NEWS   Northern Data Group is first in Europe to acquire NVIDIA H200 GPUs   First in Europe to acquire NVIDIA H200 GPUs – currently the most powerful GPUs on the market The deployment further expands the Group’s Generative AI CSP offering, already the largest in Europe Further demonstration of the Group’s continued commit...
Northern Data AG
28 June 2024 08:00AM
Northern Data Group provides 2023 reporting update & reaffirms 2024 guidance
PRESS RELEASE / IR NEWS   Northern Data Group provides 2023 reporting update & reaffirms 2024 guidance   Frankfurt/Main – 28 June 2024 – Northern Data Group (Ticker symbol German stock market: NB2, ISIN: DE000A0SMU87), a leading provider of High-Performance Computing (HPC) solutions, is pleased to confirm that it will publish its 2023 audit...
Northern Data AG
28 June 2024 08:00AM
Northern Data Group provides 2023 reporting update & reaffirms 2024 guidance
PRESS RELEASE / IR NEWS   Northern Data Group provides 2023 reporting update & reaffirms 2024 guidance   Frankfurt/Main – 28 June 2024 – Northern Data Group (Ticker symbol German stock market: NB2, ISIN: DE000A0SMU87), a leading provider of High-Performance Computing (HPC) solutions, is pleased to confirm that it will publish its 2023 audit...
Northern Data AG
05 June 2024 09:00AM
Northern Data Group to showcase Generative AI platform at HPE Discover 2024
PRESS RELEASE / IR NEWS Northern Data Group to showcase Generative AI platform at HPE Discover 2024   Northern Data Group’s Taiga Cloud to demonstrate its approach to sustainable, ethical Generative AI at HPE Discover 2024 Northern Data Group executives to deliver a keynote presentation on cloud architecture and HPC Technical demonstrations and ...
Northern Data AG
03 June 2024 10:00AM
Northern Data Group launches AI Accelerator to Power the World’s Most Innovative Ideas
PRESS RELEASE / IR NEWSNorthern Data Group launches AI Accelerator to Power the World’s Most Innovative Ideas   AI Accelerator offers startups complimentary access to NVIDIA H100 Tensor Core GPUs, powered by 100% carbon-free energy Mentoring and workshops for selected startups with industry leaders, including NVIDIA, Hewlett Packard Enterprise (H...
Northern Data AG
24 May 2024 08:25PM
Northern Data Group’s Peak Mining purchases a second 300MW data center location in Corpus Christi, Texas
Correction of a release from 24/05/2024 PRESS RELEASE / IR NEWSNorthern Data Group’s Peak Mining purchases a second 300MW data center location in Corpus Christi, Texas   The location expands on an adjacent 300MW site, purchased in December 2023 The site comes with an ERCOT-approved interconnect of 300MW Construction already underway, with long-l...
Northern Data AG
24 May 2024 08:25PM
Northern Data Group’s Peak Mining purchases a second 300MW data center location in Corpus Christi, Texas
Correction of a release from 24/05/2024 PRESS RELEASE / IR NEWSNorthern Data Group’s Peak Mining purchases a second 300MW data center location in Corpus Christi, Texas   The location expands on an adjacent 300MW site, purchased in December 2023 The site comes with an ERCOT-approved interconnect of 300MW Construction already underway, with long-l...
Northern Data AG
24 May 2024 01:05PM
Northern Data Group’s Peak Mining announces purchase of a second 300MW data center location in Corpus Christi, Texas
PRESS RELEASE / IR NEWSNorthern Data Group’s Peak Mining announces purchase of a second 300MW data center location in Corpus Christi, Texas   The location expands on an adjacent 300MW site, purchased in December 2023 The site comes with an ERCOT-approved interconnect of 300MW Construction already underway, with long-lead time items secured and e...
Northern Data AG
24 May 2024 09:00AM
Northern Data Group platform, Peak Mining, announces purchase of a second 300MW data center location in Corpus Christi, Texas
PRESS RELEASE / IR NEWSNorthern Data Group platform, Peak Mining, announces purchase of a second 300MW data center location in Corpus Christi, Texas   The location expands on an adjacent 300MW site, purchased in December 2023 The site comes with an ERCOT-approved interconnect of 300MW Construction already underway, with long-lead time items secu...
Northern Data AG
22 May 2024 02:30PM
Northern Data Group and VAST Data Partner to Deliver Market-Leading Scale, Speed, and Energy-Efficient AI Cloud
PRESS RELEASE / IR NEWSNorthern Data Group and VAST Data Partner to Deliver Market-Leading Scale, Speed, and Energy-Efficient AI Cloud   Northern Data Group’s Taiga Cloud brings comprehensive AI-as-a-Service to Europe by leveraging NVIDIA GPUs and the VAST Data Platform. The partnership will deliver AI cloud services in Europe, driven by 100 perc...
Northern Data AG
22 May 2024 02:30PM
Northern Data Group and VAST Data Partner to Deliver Market-Leading Scale, Speed, and Energy-Efficient AI Cloud
PRESS RELEASE / IR NEWSNorthern Data Group and VAST Data Partner to Deliver Market-Leading Scale, Speed, and Energy-Efficient AI Cloud   Northern Data Group’s Taiga Cloud brings comprehensive AI-as-a-Service to Europe by leveraging NVIDIA GPUs and the VAST Data Platform. The partnership will deliver AI cloud services in Europe, driven by 100 perc...
Northern Data AG
15 May 2024 07:30AM
Northern Data Group provides Q1 2024 update at Capital Markets Day
PRESS RELEASE / IR NEWS Northern Data Group provides Q1 2024 update at Capital Markets Day Frankfurt/Main – 15 May 2024 – Northern Data Group (Ticker symbol German stock market: NB2, ISIN: DE000A0SMU87), a leading provider of High Performance Computing (HPC) solutions, held its Capital Markets Day Q1 2024 for analysts and investors in Frankfurt an...
Northern Data AG
15 May 2024 07:30AM
Northern Data Group provides Q1 2024 update at Capital Markets Day
PRESS RELEASE / IR NEWS Northern Data Group provides Q1 2024 update at Capital Markets Day Frankfurt/Main – 15 May 2024 – Northern Data Group (Ticker symbol German stock market: NB2, ISIN: DE000A0SMU87), a leading provider of High Performance Computing (HPC) solutions, held its Capital Markets Day Q1 2024 for analysts and investors in Frankfurt an...
Northern Data AG
10 May 2024 09:00AM
Northern Data Group’s Peak Mining announces new partnership for 28MW of mining, powered by 100% renewable energy
Northern Data Group’s Peak Mining announces new partnership for 28MW of mining, powered by 100% renewable energy   28MW of miners delivering 1.3 EH/s, strategically located in Paraguay 2,860 units of MicroBT’s M63-series liquid-cooled WhatsMiners to be installed Power rate of sub USD 0.04/kWh, generated by 100% renewable hydropower Frankfurt/Mai...
Northern Data AG
10 May 2024 09:00AM
Northern Data Group’s Peak Mining announces new partnership for 28MW of mining, powered by 100% renewable energy
Northern Data Group’s Peak Mining announces new partnership for 28MW of mining, powered by 100% renewable energy   28MW of miners delivering 1.3 EH/s, strategically located in Paraguay 2,860 units of MicroBT’s M63-series liquid-cooled WhatsMiners to be installed Power rate of sub USD 0.04/kWh, generated by 100% renewable hydropower Frankfurt/Mai...
Northern Data AG
06 May 2024 02:30PM
Northern Data AG holds Annual General Meeting
PRESS RELEASE / IR NEWSNorthern Data AG holds Annual General Meeting Frankfurt/Main – 6 May 2024 – Today, Northern Data Group (Ticker symbol German stock market: NB2, ISIN: DE000A0SMU87) successfully concluded its Annual General Meeting, which was virtually broadcast via livestream, for its duly registered shareholders or their proxies on the comp...
Northern Data AG
02 May 2024 02:00PM
Northern Data Group’s cutting-edge colocation provider, Ardent Data Centers, breaks ground on upgrade to Pittsburgh data center
PRESS RELEASE / IR NEWS Northern Data Group’s cutting-edge colocation provider, Ardent Data Centers, breaks ground on upgrade to Pittsburgh data center   Pittsburgh data center will accelerate Ardent’s colocation offering in the United States 41,000 square foot building being upgraded with the latest liquid cooling technology to allow for increa...
Northern Data AG
02 May 2024 02:00PM
Northern Data Group’s cutting-edge colocation provider, Ardent Data Centers, breaks ground on upgrade to Pittsburgh data center
PRESS RELEASE / IR NEWS Northern Data Group’s cutting-edge colocation provider, Ardent Data Centers, breaks ground on upgrade to Pittsburgh data center   Pittsburgh data center will accelerate Ardent’s colocation offering in the United States 41,000 square foot building being upgraded with the latest liquid cooling technology to allow for increa...
Northern Data AG
29 April 2024 01:00PM
Northern Data Group appoints Group Chief Revenue Officer
PRESS RELEASE / IR NEWS Northern Data Group appoints Group Chief Revenue Officer   Mick McNeil joins the Group’s Executive Committee, bringing extensive business development experience, further supporting its global ambitions in the HPC market Frankfurt/Main – 29 April 2024 – Northern Data Group (Ticker symbol German stock market: NB2, ISIN: DE000...
Northern Data AG
22 March 2024 07:30AM
Northern Data Group Publishes Consolidated Financial Statements for the Year Ended December 31, 2022
PRESS RELEASE/ IR NEWS Northern Data Group Publishes Consolidated Financial Statements for the Year Ended December 31, 2022   Annual Financial Statements and Consolidated Financial Statement 2022 Financial targets for 2023 and 2024 confirmed Frankfurt/Main – March 22, 2024 – Northern Data Group (“Northern Data AG”; Ticker symbol German stock mark...
Northern Data AG
21 March 2024 07:30AM
Successful completion of preset purchase plan for the acquisition of Northern Data Group shares by CEO Aroosh Thillainathan
PRESS RELEASE / IR NEWS Successful completion of preset purchase plan for the acquisition of Northern Data Group shares by CEO Aroosh Thillainathan   Acquisition of further 208,348 Northern Data shares for a total purchase price of approx. EUR 5.9 million by Mr. Thillainathan via his family office ART Beteiligungs Management GmbH in the period fro...
Northern Data AG
06 March 2024 07:30AM
Update on acquisition of Northern Data Group shares by CEO Aroosh Thillainathan under preset purchase plan
PRESS RELEASE / IR NEWS Update on acquisition of Northern Data Group shares by CEO Aroosh Thillainathan under preset purchase plan   Acquisition of 555,516 Northern Data shares for a total purchase price of approx. EUR 15.9 million by Mr. Thillainathan via his family office ART Beteiligungs Management GmbH in the period from 3 February 2024 to 1 M...
Northern Data AG
09 February 2024 07:30AM
Update on acquisition of Northern Data Group shares by CEO Aroosh Thillainathan under preset purchase plan
PRESS RELEASE / IR NEWS Update on acquisition of Northern Data Group shares by CEO Aroosh Thillainathan under preset purchase plan   Acquisition of 298,626 Northern Data shares for a total purchase price of approx. EUR 8.2 million by Mr. Thillainathan via his family office ART Beteiligungs Management GmbH in the period from 8 January 2024 to 2 Feb...
Northern Data AG
02 February 2024 07:30AM
Operations Update
PRESS RELEASE / IR NEWS Peak Mining: Operations Update   2,298 BTC in financial year 2023 BTC revenue of EUR 59.7 million in 2023 Expansion to 9 EH/s planned in 2024 Frankfurt/Main – 2 February 2024 – Peak Mining, a Northern Data Group company (Ticker symbol German stock market: NB2, ISIN: DE000A0SMU87), today provided an update on its mining bu...
Northern Data AG
22 January 2024 02:07PM
Ardent Data Centers, a Northern Data Group company, completes acquisition of Pennsylvania data center
PRESS RELEASE / IR NEWSArdent Data Centers, a Northern Data Group company, completes acquisition of Pennsylvania data center   Acquisition of data center in Pittsburgh, Pennsylvania completed, accelerating Ardent’s co-location offering in the United States 5MW site will be upgraded by Ardent to 20MW Investment expands Northern Data Group’s abili...
Northern Data AG
15 January 2024 07:30AM
Northern Data Group appoints Group Chief Financial Officer
PRESS RELEASE Northern Data Group appoints Group Chief Financial Officer   Elliot Jordan will join the Group’s Executive Committee, bringing extensive finance and capital markets experience The Group is poised to execute and deliver on its next stage of growth Frankfurt/Main – 15 January 2024 – Northern Data Group (Ticker symbol German stock mark...
Northern Data AG
08 January 2024 07:30AM
Northern Data Group announces closing of Damoon acquisition
PRESS RELEASE / IR NEWS Northern Data Group announces closing of Damoon acquisition   Major progress in the execution of Northern Data Group‘s vision to become the world’s leading High-Performance Computing (HPC) Infrastructure Solutions Provider Northern Data Group now owns 100% of Damoon Aroosh Thillainathan, Founder and CEO, has announced tha...
Northern Data AG
22 December 2023 04:00PM
Northern Data Group appoints Group Chief Legal Officer
Northern Data Group appoints Group Chief Legal Officer Rudolf Haas will join the Group’s Executive Committee with over two decades of experience at international law firms The Group is strengthening its Executive Committee with an experienced hire to support the Group’s ambitions and the requirements of changing financial and regulatory environ...
Northern Data AG
19 December 2023 12:19PM
Driving AI and data centre technology
  London, UK, 19 December 2023   Edison issues initiation of coverage on Northern Data Group (NB2): Driving AI and data centre technology Northern Data Group is a specialist provider of high-performance computing (HPC) infrastructure solutions. By leveraging a successful cryptocurrency mining heritage to fund global growth, the group has been ...
Edison Investment Research Limited
11 December 2023 02:30PM
Peak Mining, a Northern Data Group company, announces purchase of 300MW mining data center site
Peak Mining, a Northern Data Group company, announces purchase of 300MW mining data center site 33-acre site with private substation and access to ERCOT Load Zone South low-cost real-time energy market Recently purchased MicroBT liquid-cooling hardware will be deployed at the site Frankfurt/Main – 11 December 2023 – Today Peak Mining, a Northern ...
Northern Data AG
04 December 2023 07:30AM
Ardent Data Centers, a Northern Data Group company, progresses international data center acquisition strategy
PRESS RELEASE / IR NEWSArdent Data Centers, a Northern Data Group company, progresses international data center acquisition strategy   EUR 110 million investment strategy to accelerate Ardent’s ability to provide co-location services across Europe and the United States Expansion focussed on meeting demand for high-performance computing solutions ...
Northern Data AG
29 November 2023 10:00AM
Taiga Cloud, a Northern Data Group company, announce an additional EUR 330 million investment to power Europe’s largest Generative AI Cloud
PRESS RELEASE / IR NEWS Taiga Cloud, a Northern Data Group company, announce an additional EUR 330 million investment to power Europe’s largest Generative AI Cloud   Hewlett Packard Enterprise (HPE) will supply Taiga Cloud with HPE Cray XD supercomputers equipped with NVIDIA H100 GPU Tensor Core GPUs, worth EUR 330 million Taiga Cloud will run th...
Northern Data AG
20 November 2023 07:30AM
Peak Mining Operations Update
PRESS RELEASE / IR NEWSPeak Mining Operations Update   178 BTC generated in October (+2% month-on-month) Generating revenues of EUR 5.0 million (+16% month-on-month) Year-to-date BTC revenue of EUR 48.7 million   Performance Indicators   October ’23 September ’23 YTD 2023 BTC generated 178 (YoY: -21% / MoM: +2%) 174 (YoY:...
Northern Data AG
15 November 2023 05:00PM
Peak Mining starts construction of next-gen 30MW mining facility in Grand Forks, North Dakota
PRESS RELEASE / IR NEWSPeak Mining starts construction of next-gen 30MW mining facility in Grand Forks, North Dakota   Expected to be fully operational in Q1 2024, the facility will be developed with direct-to-chip liquid-cooling technology Hash rate will expand to 1.1 EH/s with new M53-series miners from MicroBT The cooling system has been desi...
Northern Data AG
02 November 2023 02:06PM
Northern Data AG provides Financial Update & Guidance
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014 Northern Data AG provides Financial Update & Guidance Frankfurt am Main, 2 November 2023 – The Management Board of Northern Data AG (ISIN: DE000A0SMU87, the “Company”, and, together with its subsidiaries, “Northern Data Group”) today has resolved on i...
Northern Data AG
More Northern Data AG related information
Type Total Last Made by Go to
Corporate Research 0 - - Corporate Research
Directors Dealings 5 21st August 2024 ART Beteiligungs Management GmbH DD
Short Seller (DE) 4 3rd September 2024 Voleon Capital Management LP SSR (DE)
Short Seller (UK) 0 - - SSR (UK)
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