mCloud, the industry leader in energy-intensive asset performance management, joins forces with the top F1 team for 2023 to showcase and apply new clean technologies addressing carbon emissions and energy waste on the path to Net Zero.
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mCloud Technologies Corp. (Nasdaq: MCLD) (TSX-V: MCLD), (“mCloud” or the “Company”) a provider of cloud technology solutions optimizing the performance, reliability, and sustainability of energy-intensive assets today announced it had become an Official Team Partner of the Mercedes-AMG Petronas Formula One Team.
The partnership builds on the existing implementation of mCloud’s AssetCare solution at the Mercedes-AMG Petronas F1 Team home in Brackley, UK. The expanded second phase of this implementation was recently announced on February 22, 2023. This partnership will enable both mCloud and the Team to collaborate in other areas relating to sustainability. mCloud joins a select group of partners that form the Team’s Sustainability Working Group, which will advise on the Team’s strategic ambition to become the world’s most sustainable professional sports organization.
mCloud will also partner with the Team to showcase how new cloud technologies, including mCloud’s AssetCare portfolio of solutions, are at the cutting edge of addressing climate challenges, including fugitive emissions and wasted energy consumption throughout 2023.