Seasoned industry finance executive appointed as CFO for innovative data center infrastructure company
AUSTIN, Texas, May 24, 2022--(BUSINESS WIRE)--Quantum Loophole, Inc., an innovative developer of first-of-its-kind Gigawatt-scale master planned data center communities, today announces that Rick Keiner has been named Chief Financial Officer. The move comes as Quantum Loophole enters a period of heightened activity and progress at Quantum Frederick, the inaugural site offering mass scale and speed to market for data center development including in land, power, water, and network located in Frederick County, Maryland.
Rick brings two decades of extensive experience in high growth environments improving processes, reporting and profitability to the Quantum Loophole team. Before joining Quantum Loophole, Rick led the F P & A group at CyrusOne, and played pivotal roles in finance, SEC reporting and investor relations at regional telecom provider Cincinnati Bell. Rick was an integral part of the team responsible for spinning off the CyrusOne (Nasdaq: CONE) IPO in 2013.
At Quantum Loophole, Rick continues to play a leading role in enabling the company to proceed with its plans to develop the largest master-planned data center project in the region. He played a leading role on the team that negotiated the financing of the Quantum Frederick development of over 2,100 acres in Frederick County, has strengthened the sales pipeline through his relationships in the industry, and is orchestrating the financing of QLoop, Quantum Loophole’s next regional fiber-optic network connecting Quantum Frederick to data center alley in Northern Virginia, which has drawn active interest from carriers and data center companies, alike. The network is an ultra-high count fiber optic cable system designed to enable automatic cross connections and fully redundant regional fiber connectivity capable of sub-millisecond latency between Frederick County Maryland and Loudoun County Virginia. Most recently, Rick played a key role in finalizing Quantum Loophole’s first land-lease agreement with Aligned Data Centers.
"Rick is absolutely the one we need at the Finance helm for Quantum Loophole," remarked Josh Snowhorn, founder and CEO. "We have worked closely together on past major initiatives, and Rick’s insight, diligence and attention to detail was instrumental in making the vision a successful reality. He is a key member of our team overseeing our funding, investment trajectories, and transactions in the pipeline."
Quantum Loophole reimagines the site selection process for hyperscale and mass-scale data center developments. Its first project, in Frederick County Maryland, is designed to provide the digital infrastructure industry a 10-20 year road map inclusive of land, power, water and network. In addition to the 2,100+ acre development site, the QLoop network is set to be one of the most robust conduit systems to ever be constructed, capable of holding over 200,000 strands of fiber.
For more information about Quantum Loophole visit: www.quantumloophole.com.
About Quantum Loophole
Quantum Loophole disrupts data center site selection offering a rapid platform delivery for land, power, connectivity, and scale. The company’s first-of-its-kind gigawatt-scale, master planned data center development uniquely addresses the scalability, connectivity, and cost-efficiency challenges of today’s large-scale deployments. Powered by innovative energy systems, hundreds of thousands of strands of fiber from multiple carriers, and mass-scale entitled land, Quantum Loophole’s master planned communities take the guesswork out of adding needed data center capacity, allowing hyperscalers, enterprises, and colocation providers speed with go-to-market capabilities. Incorporating renewable energy, land and water improvements, Quantum Loophole offers an environmentally sound approach that reduces the overall carbon footprint while fully enabling powered land with the highest level of connectivity, reliability, and security. For more information, please visit www.quantumloophole.com.
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