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BluSky AI Inc. Secures First Site with 9.3MW to Launch Flagship Data Center in Central, Utah
Globenewswireยท 2025-07-08 13:22
Group 1 - BluSky AI Inc. has acquired its first operational site in Central Utah, securing 9.3 megawatts (MW) of power for its flagship data center project [1][2] - The company entered into a definitive Acquisition and Power Assignment Agreement with Digital Asset Management, LLC, allowing it to utilize 9.3 MW of grid-interconnected power at a competitive rate [2][3] - In exchange for power rights, BluSky AI issued 20 million shares of restricted common stock to DAM, ensuring long-term energy stability for the data center project [3] Group 2 - BluSky AI executed a Ground Lease with Wild Mustang Ventures LLC for 51.6 acres of land in Central Utah, with an initial two-year term and an annual base rent of $90,000 [4] - The company now controls 9.3 MW of power capacity, positioning it to rapidly deploy its modular AI compute infrastructure [5] - The CEO of BluSky AI emphasized that securing long-term, low-cost power and strategic land is a foundational moment for scaling AI infrastructure sustainably [6] Group 3 - BluSky AI Inc. is headquartered in Salt Lake City, Utah, and focuses on delivering modular, rapidly deployable data center infrastructure designed for artificial intelligence [7] - The company aims to provide high-performance infrastructure to support machine learning workloads for various partners, from startups to enterprises [7]