Midas Immersion Cooling develops equipment and technology for cooling data centers and large-scale computing systems. Its flagship MIDAS XCI system uses immersion cooling to manage heat from computing hardware, with each tank configurable to cool up to 150 kW of compute power. The company reports that its systems can reduce total power consumption by more than 40%, capital expense by more than 50%, and space requirements by over 60% compared with traditional air cooling.

Midas highlights efficiency, flexible installation, high computing capacity per tank, proprietary fluid flow, and fault tolerance as key features. Its solutions are designed to address common data-center challenges, including temperature fluctuations, airborne contaminants, noise, corrosion, server fan failures, and water use. The product range includes 4U, 12U, 25U, and 50U tanks, as well as an ASIC container. The MIDAS ASICE 2.0 tank is engineered for ASIC mining and large-scale deployments, with increased cooling capacity, modular scalability, and a focus on lower total cost of ownership.