Mousterian Corporation

What Mousterian Corporation does

Mousterian Corporation (M3) is a Dallas-based, privately-held startup founded in 2026 that designs and develops liquid-cooled, floating and water-adjacent data center infrastructure targeting hyperscale AI and high-performance computing (HPC) operators. The company emerged from stealth in April 2026 alongside its strategic partnership with Samsung Heavy Industries (SHI), with whom it pursues worldwide floating data center deployment. M3's flagship assets are two announced projects: Project Zeus (a 500 MW hybrid floating and land-based campus adjacent to a combined-cycle gas turbine plant in Houston, targeted for move-in H1 2028) and Project Sandpiper (an 860 MW floating facility in the San Jose availability zone, targeted for 2029), collectively representing 1,360 MW of announced capacity against a stated three-year target of over 1,500 MW.

Each floating data center unit is designed to deliver 50 MW of critical IT capacity and has received Approval in Principle (AiP) from both the American Bureau of Shipping (ABS) and Lloyd's Register. The platform supports >200kW rack density and is compatible with diverse concurrent cooling technologies within the same row, including Direct-to-Chip, Immersion, Rear Door, and Mist cooling. The cooling architecture uses non-evaporative bulk heat exchange, eliminating the need for municipal or groundwater and reducing cooling energy costs by up to 40% relative to conventional designs. Manufacturing leverages factory and shipyard-based construction, with Samsung Heavy Industries providing engineering, fabrication, and maritime delivery capabilities while M3 leads site origination, tenant sourcing, and project delivery.

Mousterian generates revenue through long-term Power Purchase Agreements (PPAs) and project development contracts with hyperscale and AI compute operators; no revenue has been disclosed in available sources. Go-to-market is exclusively direct enterprise sales, with the company addressing a single primary segment (hyperscale AI compute operators) and a secondary segment (government and national digital infrastructure planners). Supporting technology partnerships include ABB (power systems), Supermicro (server and infrastructure solutions), Capital Clean Energy Carriers (vessel construction), and a Letter of Intent with OpenAI (October 2025) to accelerate global AI data center development. The leadership team comprises CEO Min Suh (a capital markets executive with $220BN+ of cumulative development experience including 2,400 MW of prior data centers), Chief Design & Technical Officer Chase Ott-Wick (former early engineer at Nautilus Data Technologies, which delivered the first commercial floating data center), and Technical & Delivery Lead Gabe Andrews (a 20-year data center delivery executive with 200+ facilities delivered globally).

Name

Mousterian Corporation

Legal name

Mousterian, Inc.

Website

https://www.mousterian.com

Company type

Private

Operating status

Operating

Short description

Mousterian Corporation (M3) develops liquid-cooled, floating and water-adjacent data center campuses for hyperscale AI and HPC compute operators. The Dallas-based company deploys 50MW-class floating facilities adjacent to existing power plants, bypassing grid and water constraints.

Ownership category

akta.pro rank

Product category

Floating Data Center Infrastructure

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210), Steam and Air-Conditioning Supply (221330), Computer Facilities Management Services (541513)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

HPC / AI-Optimized Data Center Facilities (HDABACAJ)

akta.pro secondary industries

Cooling Systems & Thermal Management (CRAC/CRAH, Chillers, Liquid Cooling) (HDABAKAD), AI Datacenter Power, Cooling & Racks (liquid cooling, power delivery) (HDAAAAAH), HPC Cooling, Power & Infrastructure (Liquid Cooling, Racks, Power Delivery) (HDACAOAI), Heat Rejection & Mechanical Plant (Cooling Towers, Pumps, Condensers) (HDABAKAE)

Keywords

• Liquid-cooled data centers
• Floating data centers
• High-density compute infrastructure
• AI data center capacity
• HPC infrastructure deployment

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Infrastructure, Supply Chain, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Data Center Infrastructure as a Service: Long-term Power Purchase Agreements (PPAs) with tenants for provision of high-density compute capacity. Revenue derived from delivering turnkey, factory-integrated floating and land-based data center infrastructure to hyperscale and AI compute operators.
2. Engineering and Development Services: Development, site origination, and project delivery services. M3 leads tenant sourcing and project delivery while Samsung Heavy Industries handles engineering and fabrication. Revenue from project development fees and long-term infrastructure contracts.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Mousterian Corporation designs, develops, and delivers floating and water-adjacent liquid-cooled data center campuses for high-performance AI and HPC compute workloads. Each 50 MW-class floating data center unit supports >200kW rack density using non-evaporative liquid cooling and is sited adjacent to existing power generation assets, with flagship deployments including Project Zeus (500 MW, Houston) and Project Sandpiper (860 MW, San Jose).

Product overview

Mousterian Corporation (M3) offers a unified portfolio of floating and land-based liquid-cooled high-density data center infrastructure for HPC and AI compute workloads. The core offerings consist of Project Zeus (a 500 MW hybrid floating/land campus in Houston, H1 2028) and Project Sandpiper (an 860 MW floating campus in San Jose, 2029), both built on Mousterian's proprietary floating data center design and liquid cooling technology supporting >200kW rack density. Each floating unit delivers 50 MW of critical IT capacity, utilizing non-evaporative water cooling adjacent to existing power plants. The portfolio is complemented by turnkey deployment services and hybrid floating/land campus configurations.

Differentiator

Problem solved

Functional benefit

Products and services

• Project Zeus A 500 MW hybrid floating and land-based data center campus strategically sited adjacent to a combined-cycle gas turbine (CCGT) power plant in Houston, featuring long-term PPAs for attractive energy pricing, dual grid-interconnection points with full backup configurations, layered physical security perimeters, and integrated long-haul and metro network access. Targeted for move-in H1 2028.
• Project Sandpiper An 860 MW large-scale floating data center campus in the San Jose availability zone enabling large HPC clusters with attractive power pricing close to major users. Targeted for move-in in 2029.
• Mousterian Floating Data Centers Moored floating data center infrastructure deployed adjacent to existing power generation assets, utilizing non-evaporative liquid cooling technology, supporting liquid-cooled AI compute, and offering factory-based construction and commissioning. Each unit delivers 50 MW of critical IT capacity.
• Mousterian Liquid Cooling Solutions Fully liquid-cooled data center infrastructure supporting high-density GPU configurations exceeding 200kW rack density, diverse rack-based cooling technologies (Direct-to-Chip, Immersion, Rear Door), and low approach temperatures for efficient performance in hotter climates. Features non-evaporative water cooling with no municipal or groundwater dependency.

Quantifiable outcome

• Deployments compressed from years to quarters, bypassing 5+ year grid interconnection queues
• +4 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered supporting, core, strategic and flagship.

• American Bureau of Shipping (ABS)supportingTechnology or Integration · 5 August 2026American Bureau of Shipping serves as classification society for floating data center design. Provided Approval in Principle (AiP) for 50MW-class FDC concept. Essential for maritime regulatory compliance and deployment certification.
• SupermicrocoreTechnology or Integration · 12 June 2026Partnership with Supermicro to develop server and infrastructure solutions for floating data centers. Supermicro provides high-performance compute infrastructure compatible with liquid cooling requirements.
• Capital Clean Energy CarriersstrategicStrategic or Co-development Partner · 12 June 2026Partnership with Greece-based Capital Clean Energy Carriers to develop floating data center vessels. Agreement to build data-ready ships from scratch for offshore AI infrastructure deployment.
• Lloyd's RegistersupportingTechnology or Integration · 12 June 2026UK classification society providing Approval in Principle (AiP) for 50MW floating data center concept. Works alongside ABS to validate design standards and regulatory compliance for maritime deployment.
• Samsung Heavy Industries (SHI)flagshipStrategic or Co-development Partner · 27 April 2026Strategic partnership for developing and delivering floating data center projects worldwide. MOU signed April 2026 followed by engineering contract July 2026. M3 leads development, site origination, tenant sourcing, and project delivery while SHI provides engineering, fabrication, and maritime delivery capabilities. First project targets Texas market with 50MW floating data centers.
• ABBcoreTechnology or Integration · 24 April 2026Technology cooperation agreement with ABB to develop the floating data center power system for commercialization in the United States. ABB provides power system expertise for FDC deployment.
• OpenAIflagshipStrategic or Co-development Partner · 1 October 2025Letter of Intent signed October 2025 with OpenAI to accelerate global AI data centers and pursue floating power plant projects. Mousterian partnership is part of broader OpenAI infrastructure ambitions. Joint initiative to address AI compute demand through innovative infrastructure solutions.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Nautilus Data Technologies: Pioneered the floating data center concept (the first commercial deployment), making it the closest direct peer to Mousterian. Co-founder Chase Ott-Wick was a Senior Engineer on Nautilus's early team, and both companies deploy waterborne liquid-cooled HPC infrastructure for hyperscale tenants.
• Vantage Data Centers: Global hyperscale data center developer and operator with multi-gigawatt campuses across North America, Europe, and Asia-Pacific. Comparable to Mousterian as a data center developer targeting hyperscale tenants with large-scale campus builds, though Vantage focuses on traditional land-based builds.
• EdgeConneX: Specializes in hyperscale and AI data center development with expertise in high-density, liquid-cooled deployments and rapid time-to-market. Comparable to Mousterian as a data center developer targeting hyperscale and AI tenants with custom infrastructure solutions.
• Compass Datacenters: Hyperscale data center developer focused on purpose-built, modular facilities for cloud and enterprise customers. Comparable to Mousterian as a data center developer targeting hyperscale tenants with standardized, rapidly deployable infrastructure solutions.

Emerging players

• Crusoe Energy: Operates large-scale AI/HPC data centers with novel siting approaches, originally leveraging stranded flare gas and now expanding into behind-the-meter and modular AI infrastructure. Comparable to Mousterian as an emerging AI infrastructure operator targeting hyperscale tenants with non-traditional power and cooling solutions.
• Applied Digital: Designs, builds, and operates large-scale data centers purpose-built for AI and HPC workloads, including high-density liquid-cooled facilities. Comparable to Mousterian as an emerging AI-focused data center developer targeting hyperscale cloud and AI customers.
• CoreWeave: Vertically integrated AI cloud infrastructure provider operating GPU-optimized data centers, originally built for crypto mining and now scaled for AI training and inference. Comparable to Mousterian as an emerging AI infrastructure player targeting hyperscale AI compute demand.
• Lambda Labs: AI cloud infrastructure provider operating GPU-optimized data centers for AI training and inference workloads. Comparable to Mousterian as an emerging AI-focused infrastructure operator, though Lambda operates its own cloud platform rather than offering wholesale data center capacity.

Broad incumbents

• Equinix: Global colocation and interconnection leader operating 260+ IBX data centers across 30+ countries. Comparable to Mousterian as a data center operator, though Equinix is a broad incumbent focused on retail colocation and interconnection rather than hyperscale AI infrastructure.
• Digital Realty: Global hyperscale data center platform operating 300+ facilities across 25+ countries, including the former Switch and QTS portfolios. Comparable to Mousterian as a data center operator targeting hyperscale tenants, though Digital Realty is a broad incumbent with traditional land-based builds.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mousterian Corporation