CoolChip makes a "Kinetic Cooling" device that cools the processors that run consumer electronics and server farms.
Its devices can deliver up to 50% improvement in cooling, are 2x smaller, and run almost completely quiet.
The heat produced from electronics is a major problem:
Processor speed has doubled roughly every 18 months for the past 20 years, but the devices needed to cool them have seen almost no improvement in 4 decades.
CoolChip's technology allows manufacturers to build higher performance computing machines now, and in the future can help server farms save millions per year on cooling costs.
CoolChip has made significant progress:
It's been hired by Microsoft to develop cooling for Xbox. It's been given $700,000+ in grants from National Science Foundation and others. And it has 13+ patents granted and patents pending.
To sell its first product, it's created a strategic partnership with Cooler Master. The company is forecasting that the deal might lead to tens to hundreds of thousands of units being sold.
The company's product reduces server farm energy costs by 30% to 50%, with a 30-month estimated payback period.
As noted on TechCrunch, "At a Facebook, Google, or Amazon data center, replacing hundreds or thousands of fans with ones using ~35 percent less power could yield significant cost savings. As data centers move from big PC processors to large networks of ARM chips, there will likely be even more individual chips to keep cool."