Jul 07, 2026 | Posted by Abdul-Rahman Oladimeji
Samsung is reportedly targeting the second quarter of 2028 to launch its floating data center (FDC) initiative. The company’s heavy industries division aims to secure customer orders by the launch date, with Samsung Heavy Industries pursuing multiple projects as it works toward commercializing the technology.
Samsung Heavy Industries has signed a memorandum of understanding with Greek shipbuilder Capital and UK-based financial services firm Lloyd’s Register to develop floating data centers. Under the agreement, Samsung will lead technology development, Capital will manage project sourcing and investment, and Lloyd’s Register will oversee regulatory matters. The move follows a separate partnership announced in May between Samsung’s maritime engineering division and Mousterian Corporation (M3) to advance floating data center development.
Texas-based M3 is partnering with Samsung Heavy Industries to develop and deliver institutional-grade floating data center projects worldwide. The company’s founders previously worked on Nautilus, another floating data center initiative. Floating data centers are gaining attention globally as operators look for alternatives to land-based facilities amid rising costs and limited available space. Projects include Keppel’s 25MW floating data center in Singapore, Panthalassa’s wave-powered offshore data center concept, and Aikido’s floating wind platform integrated with an AI-focused modular data center.
