Digi Power X ‘expanding’ business with US Data Centers venture, CEO says

Digi Power X Inc (NASDAQ:DGXX, FRA:1NQ0, TSX-V:DGX) is expanding its concern with the precocious announced US Data Centers transaction, CEO Michel Amar told shareholders connected Monday.

The company’s recently formed subsidiary, US Data Centers Inc (USDC), volition run solely arsenic a shaper and distributor of modular artificial quality information halfway systems, Digi Power x said.

The portion has nary ownership oregon gross rights tied to the company’s operating information halfway sites, it noted, and volition beryllium constricted to producing and selling its ARMS modular AI information halfway strategy to enterprises, utilities and developers with powered land.

The subsidiary volition not ain oregon run information halfway sites oregon enactment successful site-level gross generated by Digi Power X.

“All ARMS pods deployed astatine Digi Power X-owned sites, each GPUs wrong those sites and each related revenues — including colocation, managed services and contracted deployments — beryllium 100% to Digi Power X,” the institution said successful a statement.

Digi Power X presently holds a 55% bulk involvement successful USDC, portion the co-founding absorption squad — including erstwhile Verizon Communications main enforcement Hans Vestberg — holds astir 35% successful laminitis equity. Seed organization investors clasp the remainder.

The institution said the instauration of USDC, archetypal announced successful February 2025, was portion of a semipermanent strategy to found a standalone level focused connected selling modular AI infrastructure instrumentality alternatively than operating facilities.

USDC volition commercialize the ARMS system, a turnkey modular information halfway level designed to person powered sites into operational AI information centers much rapidly than accepted construction. Customers purchasing the systems volition ain and run their ain sites.

“Digi Power X is not sharing its concern — it is expanding it,” Chairman and CEO Michel Amar said. “Every asset, each pod, each GPU and each dollar of gross astatine our sites belongs wholly to Digi Power X.”

The institution said separating the manufacturing portion into an autarkic entity allows it to rise superior astatine the subsidiary level without diluting Digi Power X shareholders, portion besides supporting procurement requirements from endeavor and authorities customers.

Digi Power X added that the caller operation does not impact its existing gross streams due to the fact that USDC volition make gross from instrumentality income that would different not beryllium portion of the company’s operations.

As of the day of the announcement, Digi Power X said it held astir $80 cardinal successful currency and currency equivalents, including integer assets, with nary outstanding debt. The institution said it has spent $15 cardinal successful superior expenditures truthful acold successful fiscal 2026, funded from existing cash.