Connect with us

Technology

Mousterian Corporation and Samsung Heavy Industries Sign Engineering Contract for the Partnership’s First Floating Data Center Deployment in the United States

Published

2 months ago

on

Agreement launches joint engineering of purpose-built, moored floating data centers for the U.S. market, each facility delivering 50 MW of critical IT capacity — advancing the parties’ April 2026 MOU from framework to execution

DALLAS and SEONGNAM, South Korea, Aug. 3, 2026 /PRNewswire/ — Mousterian Corporation, Inc. (“M3”), a developer of water-adjacent data center infrastructure, and Samsung Heavy Industries Co., Ltd. (“SHI”), one of the world’s largest shipbuilders and maritime engineering firms, today announced the signing of an engineering contract for the parties’ first moored floating data center (“FDC”) deployment in the United States, the priority project advanced under their strategic cooperation. The agreement was executed at a signing ceremony held on July 22, 2026.

Under the engineering contract, M3 and SHI will jointly perform the basic design, detailed engineering, and production design for purpose-built moored FDC units, each delivering 50 megawatts (“MW”) of critical IT capacity, planned for deployment in Texas and other key U.S. markets. The engineering program establishes the technical baseline for a definitive Engineering, Procurement, and Construction (“EPC”) contract, which the parties intend to execute upon or prior to completion of the engineering works. The American Bureau of Shipping (ABS) is expected to serve as classification society for the project.

The data center design emphasizes sustainability and environmental sensitivity alongside speed of delivery. Each facility employs bulk non-evaporative cooling that consumes no potable water and returns zero process discharge to the surrounding waterway; and supports facility-scale, high-density, liquid-cooled AI compute at a very low power usage effectiveness (PUE). Because the design eliminates the air-cooled chillers and fans that dominate conventional data centers, each facility also operates with a minimal noise profile — a meaningful reduction in noise pollution for surrounding communities.

The contract marks the first definitive project agreement under the strategic cooperation framework announced by M3 and SHI in April 2026 and moves the partnership from framework to execution on its priority project. The pilot deployment is designed to demonstrate that purpose-built floating data centers, sited adjacent to existing power generation assets, can materially compress delivery timelines for hyperscale and AI compute by unlocking generation capacity beyond the reach of conventional land-based sites.

“Signing this engineering contract transitions our partnership with Samsung Heavy Industries from intent to execution and gives us a clear path to scaling factory-built critical IT capacity for AI-class facilities,” said Min Suh, Chief Executive Officer of Mousterian Corporation. “We are jointly engineering the first mission-critical data center of its class to be fabricated off-site to shipyard standards. Because the facility is built in a shipyard, fabrication advances in parallel with sitework rather than after it — a schedule and scale that conventional delivery methods cannot match. And by siting these facilities alongside existing stranded baseload generation and maritime infrastructure, we reach power that land-based development cannot.”

“Floating data centers are a natural extension of the engineering, fabrication, and project delivery capabilities we have built over five decades in offshore and maritime construction,” said Sung-an Choi, Vice Chairman and Chief Executive Officer of Samsung Heavy Industries. “Together with Mousterian, we intend to deliver floating data centers with the same rigor, quality, and schedule certainty that define our maritime track record.”

The engineering works build on M3’s broader development platform across site origination, power partnerships, data center design, capital formation, and tenant relationships, and on SHI’s engineering, fabrication, and delivery capabilities for floating maritime assets at scale.

About Mousterian Corporation, Inc.

Mousterian Corporation (“M3”) is a developer of water-adjacent data center infrastructure. The company’s platform pairs proprietary floating data center designs with development, power pipeline, capital formation, and tenant relationships across the hyperscale and AI compute sectors. M3’s leadership includes the team behind the world’s first operational floating data center and senior executives drawn from data center design, delivery, operations, infrastructure policy, and capital markets. The company is headquartered in Dallas, Texas. For more information, visit www.mousterian.com.

About Samsung Heavy Industries Co., Ltd.

Samsung Heavy Industries Co., Ltd. (“SHI”), founded in 1974 and headquartered in Seongnam, South Korea, is one of the world’s largest shipbuilders and a leader in offshore and maritime engineering. SHI designs and delivers a broad range of vessels and floating offshore assets, including LNG carriers, drillships, FPSOs, and floating production platforms, for customers worldwide. For more information, visit www.samsungshi.com.

Forward-Looking Statements

This release contains forward-looking statements regarding the parties’ engineering cooperation, the intended execution of a definitive EPC contract, and the future development of floating data center projects, including the parties’ first deployment in the United States. Such statements involve known and unknown risks and uncertainties, and actual results may differ materially from those expressed or implied. The parties undertake no obligation to update any forward-looking statements except as required by law.

Media Contacts
Mousterian Corporation, Inc.
Min Suh, Chief Executive Officer
min@mousterian.com
Samsung Heavy Industries Co., Ltd.
Seunghyun Lee, Director
shyun80.lee@samsung.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/mousterian-corporation-and-samsung-heavy-industries-sign-engineering-contract-for-the-partnerships-first-floating-data-center-deployment-in-the-united-states-302841432.html

SOURCE Mousterian Corporation

Related Topics:
Continue Reading

Technology

SparkLabs and Mirae Asset Launch a Venture Capital Fund for Central Asian Startups

Published

2 hours ago

on

September 20, 2026

By

SEOUL, South Korea, Sept. 20, 2026 /PRNewswire/ — Qazaqstan Investment Corporation (QIC), IT Park Ventures (Uzbekistan), Mirae Asset Venture Investment and SparkLabs Group have signed a term sheet to establish SparkLabs Mirae Silk Road Fund I LP, a new venture capital fund. The fund will be managed by Mirae Asset Venture Investment and SparkLabs Group.

The signing took place in Seoul during the state visits of the Presidents of Kazakhstan and Uzbekistan to Korea and the first Central Asia–Republic of Korea Summit.

During this past week, South Korea and Kazakhstan signed commercial agreements worth US$18.95 billion. Kazakhstan is a country of 20 million people with its core industries being oil and gas, and among the highest producers of iron and silver in the world. Uzbekistan is a country of 39 million people, and they are the largest electricity producer in Central Asia.

Qazaqstan Investment Corporation (QIC) is Kazakhstan’s national fund of funds and are anchor investors along with IT Park Ventures, the venture capital arm of the country’s state technology park. The new venture capital fund will back Central Asian startups at the Series A and later, which are businesses with a proven model that are ready to scale beyond the region. The fund is sector-agnostic but focuses on AI-native companies, where artificial intelligence is core to the product and business model.

“Higgsfield becoming Kazakhstan’s first unicorn was a turning point. It showed that a world-class AI company can be built in Central Asia. And it won’t be the last with more than half of the region’s population is under 30, growing up digital and our governments actively investing in AI. Yet the region is still largely overlooked by international investors, and that’s the opportunity this fund is built for,” explained Aslan Sultanov, Co-founder and General Partner at SparkLabs Mirae Silk Road.

Former Coinbase CTO and Partner at Andreessen Horowitz, Balaji Srinivasan, reopened his Network School in Kazakhstan last month. Telegram launched an AI lab and opened their first regional office in Kazakhstan this past year.

Beyond capital, portfolio companies will gain access to the SparkLabs and Mirae Asset’s global networks, along with hands-on support in expanding into South Korea, the United States and the MENA region.

About the Partners

SparkLabs Group is a network of startup accelerators and venture capital funds that has invested in over 600 startups across 6 continents since December 2013. These companies include OpenAI, SpaceX, Vectara, Kneron, Anthropic, Nex Team, Kraken, GenG, Lyft, MetAI, and others.

Mirae Asset Venture Investment is the venture capital arm of Mirae Asset Financial Group, one of Asia’s largest independent financial groups with over US$845 billion in assets under management. The company operates worldwide across 18 markets, and manages a fully diversified global investment platform encompassing ETFs, alternative investments, and traditional strategies.

Qazaqstan Investment Corporation (QIC) is Kazakhstan’s national fund of funds and part of Baiterek National Managing Holding. QIC invests in private equity and venture capital funds alongside international and private partners, with the goal of attracting long-term capital into Kazakhstan and developing the country’s investment ecosystem. QIC participates in 19 funds with a combined capitalization of $2.8 billion.

IT Park Ventures is the venture capital arm of IT Park Uzbekistan, the country’s state technology park and the main platform supporting Uzbekistan’s IT industry and tech exports. IT Park Ventures invests in startups from Uzbekistan and Central Asia and co-invests with international funds, connecting regional founders with global capital and markets.

View original content to download multimedia:https://www.prnewswire.com/news-releases/sparklabs-and-mirae-asset-launch-a-venture-capital-fund-for-central-asian-startups-302883810.html

SOURCE SparkLabs Group

Continue Reading

Technology

AECOM Data Breach Investigation: Edelson Lechtzin LLP Probes Class Action Claims After Hackers Allege Theft of More Than 1 TB of Data

Published

3 hours ago

on

September 20, 2026

By

National class action law firm offers free, confidential case evaluations to AECOM employees, clients, and others whose personal information may have been exposed in the reported AECOM data breach.

DALLAS, Sept. 20, 2026 /PRNewswire/ — Edelson Lechtzin LLP, a national class action law firm, is investigating data privacy claims arising from a reported data breach at AECOM, the U.S.-based multinational infrastructure and engineering firm. Anyone who has received a data breach notice from AECOM, or who believes their personal information may have been exposed, can request a free case evaluation.

AECOM data breach — at a glance:

Company: AECOM, a Texas-based, multibillion-dollar multinational infrastructure consulting, engineering, design, and construction management firm.Reported: A cyberattack said to have occurred on or about September 17, 2026, first surfaced on dark web monitoring sites.Hackers’ claims: The group Metaencryptor claimed responsibility for an attack said to involve approximately 1.22 terabytes (TB) of data. Separately, dark web monitoring service Breachsense listed a related AECOM leak of roughly 670GB attributed to a group identified as BrainCipher.Status: The breach and the hackers’ claims remain unconfirmed. AECOM has not publicly detailed the scope or impact.Who may be affected: Current and former AECOM employees, clients, and others whose data AECOM held.Cost to you: Nothing. Case evaluations are free and confidential.

What Happened

According to a September 17, 2026 post on the dark web monitoring site Ransomware.live, the hacker group Metaencryptor claimed responsibility for a cyberattack on AECOM that allegedly affected about 1.22 TB of data. The cybersecurity blog HookPhish similarly reported that Metaencryptor was behind a suspected attack on the engineering firm.

Separately, the dark web monitoring service Breachsense reported an AECOM data leak listed at approximately 670GB, attributed to a group it identified as BrainCipher. Breachsense also indexed thousands of AECOM-linked credentials circulating online, including 27,434 @aecom.com accounts drawn from external breaches and 6,077 credentials tied to aecom.com itself — among them thousands of logins found in “combo lists” and in infostealer malware logs, many with plaintext passwords. Breachsense cautioned that those credentials may belong to either customers or staff and are not necessarily connected to the claimed attack.

The breach has not been confirmed, and important details (including its true scope, the specific data involved, and the number of people affected) are not yet publicly available.

What Personal Information May Be at Risk

The specific data involved in the reported AECOM data breach has not been confirmed. Data breaches like this can expose personal information, increasing the risk of identity theft and fraud. Affected individuals should treat any AECOM breach notification seriously.

Who May Be Affected by the AECOM Data Breach

The investigation focuses on current and former AECOM employees, clients, and anyone else whose personal information AECOM maintained. Anyone who has received a data breach notification from AECOM may face an increased risk of identity theft and fraud and is encouraged to come forward.

Your Legal Options

Edelson Lechtzin LLP is investigating a potential class action to pursue legal remedies on behalf of individuals whose sensitive personal data may have been compromised in the reported AECOM breach. A successful case could recover compensation for losses such as lost time, out-of-pocket costs, and loss of privacy, and could push AECOM to strengthen how it protects personal information. The firm will evaluate your rights and potential claims at no cost.

Recommended Steps to Protect Yourself

Review your account statements and credit reports regularly and stay alert for suspicious activity.Confirm whether your information was involved in the AECOM incident.Preserve any letters or emails you received about the breach.Consider placing fraud alerts and enrolling in credit monitoring.

Contact Us for a Free Case Evaluation

Speak confidentially with a data privacy attorney today: Marc Edelson, Esq., Edelson Lechtzin LLP, 411 S. State Street, Suite N-300, Newtown, PA 18940; Phone: 844-696-7492; Email: medelson@edelson-law.com; Web: www.edelson-law.com. Or click HERE to request a free consultation.

About Edelson Lechtzin LLP

Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to data breach litigation, the firm handles class and collective actions involving securities and investment fraud, federal antitrust violations, ERISA employee benefit plans, wage theft, and consumer fraud.

Media and Partnership Inquiries: Use the contact information above to connect with our team regarding interviews, co-counsel opportunities, and referral partnerships.

Legal Notice: This press release may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee a similar outcome. The reported data breach and the hackers’ claims described above are unconfirmed.

View original content to download multimedia:https://www.prnewswire.com/news-releases/aecom-data-breach-investigation-edelson-lechtzin-llp-probes-class-action-claims-after-hackers-allege-theft-of-more-than-1-tb-of-data-302884076.html

SOURCE Edelson Lechtzin LLP

Continue Reading

Technology

iScreen Reaches No. 1 in Graphics & Design Across 94 Markets Following iOS 27 Update

Published

6 hours ago

on

September 20, 2026

By

Extra-large widget experiences, iOS 27-inspired themes and new customization tools drive iScreen’s latest global growth

LOS ANGELES, Sept. 20, 2026 /PRNewswire/ — iScreen, a mobile customization app for iOS and Android, announced that it has reached No. 1 in the Graphics & Design category across 94 countries and regions following its latest iOS 27-focused update.

The update expands iScreen’s Home Screen customization experience with new extra-large widgets, iOS 27-inspired themes, layouts optimized for new screen proportions, and AI-assisted design tools.

Extra-Large Widgets

Built for the larger widget canvas available in iOS 27, iScreen’s new extra-large widgets go beyond simply scaling up existing formats. The collection includes Photo, Album, Music, Calendar, Interactive Refrigerator and Quick Launch widgets, among others. Users can also customize content, layouts and visual styles to create more functional and expressive Home Screen experiences.

iOS 27-Inspired Themes and iPhone Duo Theme Support

iScreen has introduced new iOS 27-inspired themes that combine coordinated wallpapers, transparent-style widgets, icons and other visual elements into complete Home Screen setups.

Selected themes have also been optimized for iPhone Duo’s screen proportions and display dimensions, with wallpapers, widgets and icons adjusted to better fit the new format while maintaining a cohesive visual experience.

AI-Assisted Home Screen Design

iScreen is also testing AI Home Screen Designer with a limited group of users. The feature generates coordinated design suggestions based on users’ preferences for style, color and visual elements, combining wallpapers, widgets and icons into a unified setup.

“The latest iOS update has opened up new possibilities for mobile personalization,” said the iScreen team. “We want to turn those capabilities into practical and creative experiences that make Home Screen design easier and more expressive.”

About iScreen

iScreen is a mobile customization app offering widgets, wallpapers, themes and Home Screen customization tools for iOS and Android devices. With more than 100 million users worldwide, iScreen has ranked No. 1 in Graphics & Design across 94 countries and regions and has been featured by Apple Editorial in 128 countries for five consecutive days.

Official Website: iScreen – Phone Style, iScreen it!
iOS Download: ‎‎iScreen – Widgets & Wallpaper App – App Store
Android Download: iScreen Google Play

View original content:https://www.prnewswire.co.uk/news-releases/iscreen-reaches-no-1-in-graphics–design-across-94-markets-following-ios-27-update-302883972.html

Continue Reading

Trending