61 FOMO press release · PR Newswire
Phantom Space Acquires Thermal Management Technologies to Advance Phantom Cloud Orbital Data Center Development
AI Executive Summary
Phantom Space completed the acquisition of Thermal Management Technologies, a Utah-based aerospace and defense thermal-component manufacturer. The acquisition supports Phantom Cloud, the company's planned orbital data-center constellation, and strengthens its vertical integration strategy. TMT will continue operating as a Phantom subsidiary and contribute thermal-management technology to the Block I Phantom Cloud spacecraft.