AirJoule Buys BitSink to Add AI Data-Center Cooling and Power Equipment
The acquisition gives AirJoule deployed infrastructure and U.S. manufacturing now, while its proposed water-and-cooling offering still depends on integration.
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The acquisition gives AirJoule deployed infrastructure and U.S. manufacturing now, while its proposed water-and-cooling offering still depends on integration.
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AirJoule now owns BitSink, a commercial supplier of liquid-cooling systems, switchboards, power distribution units, and racks for high-density computing. The consideration totals $27 million upfront—$18 million cash and $9 million in stock—with up to $40 million more tied to revenue milestones over the next three calendar years. BitSink brings roughly $11 million in 2024–2025 cumulative revenue, $15 million in near-term orders, and more than 220 megawatts deployed.
BitSink expands AirJoule into operating AI and HPC infrastructure, rather than a purely prospective product line.
The acquisition includes a 65,000-square-foot manufacturing expansion in Chesnee, South Carolina.
Up to $40 million in additional AirJoule stock depends on BitSink revenue milestones after closing.
AirJoule Technologies has acquired BitSink, bringing cooling and electrical equipment for AI data centers into a company focused on extracting water from air. The deal supplies operating infrastructure immediately; the proposed package combining cooling and water generation remains a future plan.
BitSink designs, manufactures and deploys liquid-cooling systems, switchboards, power distribution units and equipment racks for high-density computing. That places thermal management and electrical distribution alongside AirJoule’s existing atmospheric water-generation technology.
AirJoule said BitSink generated approximately $11 million in cumulative revenue across 2024 and 2025, with $15 million in near-term purchase orders. Those company-provided figures describe a commercial business that existed before the acquisition, rather than a product concept created by it.
AirJoule plans to combine BitSink’s cooling systems with technology designed to use waste heat to produce distilled water from air. The proposed connection is specific: BitSink’s closed-loop cooling systems reject the type of low-grade waste heat that AirJoule says its water system can use. Whether that planned combined offering reaches customers is the unresolved part of the acquisition’s strategy.
AirJoule said the acquisition expands its addressable market opportunity from $20 billion to $70 billion for data-center cooling and power distribution. That is the company’s estimate, but the immediate change is more concrete: AirJoule now owns an established supplier across cooling, power equipment and racks.
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