ChipsThe story, in brief
Oregon data center battery maker ZincFive to go public via SPAC deal valued at $600 million
$600M. That's what ZincFive just raised to scale nickel-zinc batteries powering the next generation of AI data centers.
The KeyNews take
Why it matters
As AI compute demand explodes, battery infrastructure for data center backup power and cooling is becoming a bottleneck. ZincFive's public debut signals investor appetite for the unglamorous but critical hardware enabling AI at scale.
The key facts
5 to knowZincFive SPAC merger valued at $600M
Listing on Nasdaq via SparkLabs Group deal
Oregon-based nickel-zinc battery manufacturer
Capital deployment for manufacturing scale to meet data center demand
Date: June 12, 2026
Go to the source
GeekWiregeekwire.com
Publisher excerpt: Oregon-based nickel-zinc battery manufacturer ZincFive is headed to the Nasdaq via a $600M SPAC merger with SparkLabs Group to fund increased manufacturing to meet growing demand.