Minisforum MS-02 Ultra – Early Impressions (Quick Review)

The Minisforum MS-02 Ultra – The First 48 Hours

The MS-02 Ultra is the latest workstation from Minisforum, and is currently undergoing testing and review here at NASCompares. However, even after just 48 hours, a whole bunch of interesting design choices and unique qwerks to the arcitecture have emerged that I wanted to cover in the meantime before the full review is complete. The MS-02 Ultra essentially trying to recapture the magic and impact of the incredibly popular MS-01 – and it is attempting this by doubling, trippling and (in some cases) quadrupling the base specifications! The Minisforum MS-02 Ultra arrives as a compact workstation that incorporates a 24-core Intel Core Ultra 9 285HX processor, up to 256 GB of ECC DDR5 memory, internal 350 W power delivery, multiple PCIe expansion options, and a network configuration that includes dual 25GbE, 10GbE, and 2.5GbE. After 48 hours of initial testing, several hardware behaviors have emerged regarding thermals, acoustics, lane distribution, storage configuration, and chassis layout. The following sections outline these early observations, supported by confirmed specifications and hands-on inspection. Stay tuned for the full review, but at least for now, let’s discuss the early highlights and low lights!

Design of the MS-02 Ultra

The internal design of the MS-02 Ultra differs considerably from earlier Minisforum workstation models and moves away from the layout used in the MS-S1 Max. Although the system retains a slide-out internal frame, the mechanism is less streamlined than the earlier S-series implementation because of how densely the components are arranged.

The interior resembles a compressed micro-tower layout, with the CPU cooling assembly, PSU, PCIe risers, and storage positions layered closely together. A dual-fan ventilation chamber spans the frontal section of the chassis, pulling air through a vented intake and directing it across the primary cooling hardware before forcing it out the rear. This arrangement appears to be a necessary response to the higher thermal output of the Ultra 9 285HX and the inclusion of multiple expansion slots, both of which require more directed airflow than Minisforum’s previous compact workstation designs.

The placement of internal components reflects the limited spatial tolerance of the 4.8-liter enclosure. The internal 350 W PSU occupies a significant section of the lower frame and includes additional power leads intended for low-profile GPU or accelerator cards, something rarely present in machines of this size. The motherboard runs across most of the horizontal section and positions the CPU vapor-chamber cooler toward the middle, while memory slots, NVMe connectors, and the PCIe riser for the combo NIC occupy the remaining pockets of available space.

Because cooling pipes and the ventilation housing sit directly above the CPU-side memory slots, Minisforum added a custom angled heatsink to ensure airflow reaches these modules. This results in a serviceable layout but one that requires more deliberate disassembly, as the compact structure prioritizes component density and thermal guidance over ease of access or open internal spacing.

Early Heat, Noise and Power Use of the MS-02 Ultra

Initial thermal behavior suggests the MS-02 Ultra is managing its compact layout with a cooling strategy built around a dual-fan chamber and a six-heatpipe radiator assisted by phase-change material. During the first setup period, surface temperatures around the chassis varied, with readings near the side ventilation panels and case edges settling around the low-to-mid 40s, while the front intake area measured lower due to the direct airflow path.

Early internal temperature checks, taken before any sustained workloads were applied, showed values consistent with a system that is heavily packed but actively cooled across multiple zones. These readings align with Minisforum’s stated 5000 RPM maximum fan speed and the intention to maintain a 100 W to 140 W CPU power envelope depending on configuration. However, because these measurements were taken during routine preparation rather than stress testing, they provide only a preliminary indication of how the system will manage long-duration loads.

Noise levels during this early period ranged from the low 30s dBA while performing software installations and background operations, with no significant fluctuations unless brief bursts of activity occurred. This behavior suggests fan control may be tied primarily to BIOS-level thermal triggers rather than granular OS-side control, something that will require further testing.

Power consumption during light activity remained in the 50 to 60 W range, which is consistent with a workstation-class system running the Ultra 9 285HX while idle or handling moderate foreground tasks. Removing the dual-25GbE combo card or disabling its slot reduced power draw by roughly 10 to 11 W, highlighting the overhead associated with multi-lane NICs and onboard controllers. These early figures provide a baseline for comparison against heavier benchmarks that will be performed in the full review.

The 25GbE, 10GbE and WiFi 7 Network Card in the MS-02 Ultra

The MS-02 Ultra’s networking implementation is centered around a PCIe-based combo card that integrates dual 25GbE SFP+ ports with two additional M.2 NVMe slots. This card is installed in the PCIe 4.0 x16 position rather than the PCIe 5.0 slot, and it includes a dedicated controller with active cooling and heatsinks that cover both the networking and storage components.

Early inspection shows the card draws a notable amount of power, which corresponds with the increased thermal and electrical requirements of Intel’s E810-class 25GbE controllers. Because of this, Minisforum’s inclusion of dedicated airflow and structural reinforcement around the card is necessary within the constrained 4.8-liter chassis. The presence of this dual-purpose add-in card also means the MS-02 Ultra’s total NVMe count depends on whether the system is configured with the 285HX version, as the lower-tier CPUs remove the combo module entirely.

Beyond the 25GbE configuration, the system includes onboard 10GbE and 2.5GbE RJ45 ports, the latter supported by Intel’s i226-LM with vPro capabilities, allowing BIOS-level remote management. The combination of high-speed SFP+, copper-based multi-gigabit ports, and embedded management options positions the system for lab, server, or virtualization roles rather than conventional desktop use.

Wireless capability is supplied via a WiFi 7 and Bluetooth 5.4 module connected through an M.2 E-Key slot, providing high-throughput wireless performance alongside its wired interfaces. Together, these connectivity features expand the system’s potential use cases, particularly for users planning to deploy virtualized environments or bandwidth-intensive tasks such as shared storage testing or multi-system clustering.

How m.2 Storage on the MS-02 Ultra is Done

The MS-02 Ultra distributes its four NVMe slots across two different locations, with two mounted on the mainboard and two integrated into the dual-25GbE combo card. The pair located on the system board are positioned on the underside, near the memory and CPU assembly, and both are listed as PCIe 4.0 x4 according to Minisforum’s documentation.

Early inspection suggests that one of these may have a PCIe 5.0 lane path available at the hardware level, though software restrictions or lane bifurcation rules may currently limit it to Gen 4 behavior. This is an area that requires further validation using a Gen 5 SSD, as the lane layout on the 285HX platform allows various allocation possibilities depending on how Minisforum assigned bandwidth between CPU, chipset, and expansion slots. These internal slots have modest vertical clearance, meaning SSDs with tall heatsinks cannot be used without removing or replacing the pre-fitted cooling structures.

The remaining two NVMe slots reside on the network combo card alongside the 25GbE controllers. These operate under different bandwidth rules depending on SSD capacity: drives up to 4 TB operate at PCIe 4.0 x4, while larger 8 TB models shift down to PCIe 3.0 x4. This behavior appears to be related to the card’s onboard controller and how its internal bifurcation splits resources between the NIC and storage lanes.

Physical space is also restricted on the card, requiring low-profile SSDs in certain positions to avoid obstruction of the cooling shroud and airflow channel. Minisforum includes an additional heatsink in the package for users installing their own drives, but using SSDs with taller factory heatsinks may be impractical. Altogether, storage layout on the MS-02 Ultra is functional and high-capacity, but with lane behaviors and physical constraints that require attention during configuration.

Memory on the MS-02 Ultra

The MS-02 Ultra provides four DDR5 SODIMM slots, but their distribution within the chassis is unconventional due to the system’s compact thermal layout. Two slots sit on the mainboard near the CPU-side M.2 positions, placed directly in the airflow path of the vapor-chamber cooler and its dual-fan assembly. Because of this, Minisforum has added a custom angled heatsink that draws air from the primary cooling channel across the modules and nearby components.

This arrangement is intended to compensate for the thermal density around the CPU area, where heat buildup would otherwise be more likely. These two slots support both ECC and non-ECC memory, though ECC functionality is active only on the 285HX model. Their placement suggests Minisforum prioritized consistent airflow over ease of access, making upgrades possible but less straightforward than on more open workstation layouts.

The remaining pair of SODIMM slots is located on the opposite side of the board, positioned away from the CPU cooling assembly and closer to the chassis frame. These modules have more breathing room but rely on passive airflow from the system’s general ventilation rather than a focused cooling path. All four slots support speeds up to 4800 MHz, with XMP profiles unavailable due to Minisforum’s implementation and Intel’s platform limitations.

During early testing, memory installation worked as expected, though the arrangement of these slots means users planning maximum 256 GB configurations will need to work within the physical constraints of the layout. Overall, the memory design reflects a tradeoff between supporting high-capacity ECC configurations and fitting the necessary cooling infrastructure into a small volume.

PCIe Card Support on the MS-02 Ultra

The MS-02 Ultra incorporates three PCIe slots arranged to maximize flexibility within its compact chassis: a PCIe 5.0 x16 slot, a PCIe 4.0 x16 slot, and a PCIe 4.0 x4 slot. The PCIe 5.0 slot is left unoccupied by default, allowing users to install a low-profile GPU or accelerator card that fits within the airflow and power constraints of the 350 W internal PSU.

Minisforum includes auxiliary power cables within the system, which is uncommon for small-form-factor workstations and indicates that the chassis is intended to support cards that require supplemental power. Because of the chassis height and width, only dual-slot, low-profile cards with modest cooling requirements are viable, but this still introduces options for compute or media workloads that benefit from hardware acceleration.

The PCIe 4.0 x16 slot is occupied in the 285HX configuration by the dual-25GbE plus dual-M.2 combo card, which introduces additional thermal and power considerations. This leaves the PCIe 4.0 x4 slot available for further expansion, provided the card used meets the system’s spatial limitations. The layout demonstrates Minisforum’s approach to balancing lane allocation between CPU, storage, and networking, especially given the 24 available PCIe lanes on the Ultra 9 platform.

Although the physical presence of three slots in such a compact volume is unusual, the arrangement is functional, and power delivery from the internal PSU supports moderate add-in card configurations. Users will need to consider airflow direction, card length, and slot occupation carefully to avoid restricting internal ventilation.

Conclusion and Verdict on the Minisforum MS-02 Ultra (So Far…)

The MS-02 Ultra presents a compact workstation design that integrates a high-core-count CPU, multiple NVMe storage options, high-speed networking, and an internal PSU within a tightly arranged chassis. Early testing indicates that the system’s thermal behavior, noise profile, and power draw are consistent with its component density, though the long-term performance of its cooling strategy requires extended benchmarking before reaching definitive conclusions. The design choices, such as the split placement of memory slots, the use of a large dual-fan cooling chamber, and the reliance on a densely packed internal layout, all reflect Minisforum’s effort to fit workstation-grade hardware into a constrained volume.

In terms of features, the dual-25GbE plus dual-M.2 combo card remains the most distinctive element, expanding the system’s potential for virtualized environments, NAS roles, and bandwidth-heavy workflows. PCIe allocation, memory configuration, and storage behavior introduce several considerations for users planning upgrades or specialized deployments. While these early observations indicate a capable and flexible platform, further testing is necessary to determine sustained thermal performance, PCIe stability under load, and real-world throughput of the networking and storage subsystems. The forthcoming full review will provide those extended results, but for now, the system presents a feature-rich design with several areas that merit deeper evaluation.

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