Sheffield-based Iceotope, a leader in precision liquid cooling technology, has appointed a new CEO, president, and chair.
David Craig, who led the company since 2015, retired from the CEO role last summer. Since then, the company has been jointly led by Chief Commercial Officer Nathan Blom and Chief Financial Officer Simon Jesenko.
Jonathan Ballon, a recognized leader in technology and AI from San Francisco, will now serve as CEO and president. He was previously president and CEO of SkyHive, a GenAI company acquired in 2024.
Ballon also works as a non-executive director for AI semiconductor platform startups. He has held senior roles in major tech companies like Intel and Cisco.
“Iceotope is solving one of the most imminent AI challenges – extreme cooling efficiency for increasingly dense and power-hungry computing infrastructure,” said Ballon.
“The industry is actively seeking scalable, practical solutions, and Iceotope’s technology, refined over the last decade, is ready to meet that demand. The data centre market is shifting toward liquid cooling. The time for Iceotope is now.”
Iceotope’s liquid cooling technology for AI systems is based on 52 patents, with 90 more pending. It combines immersion benefits and direct-to-chip simplicity, offering a solution that surpasses both.
The technology integrates into existing data centre environments, allowing for rapid adoption and ensuring peak performance and efficiency.
Alain Andreoli, a technology executive with over 30 years of experience, will join as non-executive chairman. He previously served as president and EVP of the Hybrid IT Group at HPE and has led businesses at Sun Microsystems, NTT, and Texas Instruments.
“The future of AI computing hinges on our ability to efficiently remove heat from increasingly powerful processors. The liquid cooling for AI solutions invented by Iceotope are not only solving the scaling challenges of AI infrastructure but are also tackling critical issues related to energy efficiency and sustainability,” said Andreoli.
“Across my decades of experience, I’ve witnessed numerous technological inflection points that have reshaped industries. Today, liquid cooling stands at one such point, and Iceotope has the best technology to become the leader in this market.”