Sheldon-Coulson: Panthalassa node CapEx is half steel, one-quarter powertrain
Garth Sheldon-Coulson · Building inference data centers on the high seas · May 28, 2026 · at 22:18
Panthalassa CEO Garth Sheldon-Coulson breaks down the CapEx cost structure of the company's wave-powered ocean compute nodes.
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“In a system where if we just exclude the battery for the minute it's most, it's basically half steel, and then you've got about a quarter is your powertrain. And then about a little less than a quarter is your marine coatings, and then you've got other, you know you've got the onboard systems, you've got initial deployment, and some other things that are small parts of the cost structure, but mostly it's steel, marine coatings, and powertrain.”
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