Phononic Named to CNBC Disruptor 50 List for Fifth Time

Phononic, a global leader in sustainable solid state cooling solutions, announced today that it was named to the CNBC Disruptor 50 list for the fifth time, further solidifying the company's leadership as a disruptor in this space. CNBC's annual Disruptor 50 list highlights private companies that are chasing some of the market's biggest and most important opportunities. In addition to being named to the list this year and 2023, Phononic was also named to the CNBC Disruptor 50 in 2016, 2017 and 2019.

In a world that is continually warming, Phononic's Actively Cooled Solutions are meeting the ever-increasing cooling demands of the marketplace with a platform that includes hardware, recurring services and licensing. Phononic has more than 20 million thermoelectric devices providing mission-critical cooling of optical components used in AI/datacenters, including the top 4 US hyperscale cloud providers. Phononic's fully integrated cold chain solutions are providing omnichannel/e-grocers with connected services and cold chain compliance across healthcare, grocery/retail and warehouse automation. Last fall, Phononic announced a first-of-its-kind HVAC licensing agreement with Halton, culminating in the debut of an 8500 m² commercial building in Paris featuring the TTAP platform. Providing distributed and flexible cooling and heating that can work with, or independent of, a building's central system, TTAP unlocks total cost savings of 18% or more through greater efficiency all while completely eliminating the use of toxic and global warming refrigerants.

"Being named to the CNBC Disruptor 50 for the fifth time is an honor. This recognition underscores our mission to sustainably transform global cooling and heating," said Tony Atti, Phononic CEO and Co-Founder. "From AI chips in data centers to ecommerce cold chain and now HVAC, the demand for cooling is insatiable. At Phononic our goal is to meet the cooling needs of the marketplace by combining sustainability with powerful economic value."

About Phononic:

As the global leader in solid state cooling technology, Phononic is driving the world to a more sustainable way to cool. Its transformational technology reduces greenhouse gas (GhG) emissions and supports climate goals, while meeting the demanding performance needs of the market. The company's thermoelectric devices and integrated products are mission critical to how people work and communicate; how automobiles ?see'; to the protection and effective delivery of life-saving vaccines and drugs; to cooling solutions supporting grocery cold chain fulfillment needs; and to innovative methods that cool living and work spaces. For more information on the company, visit: www.phononic.com.