Curated News
By: NewsRamp Editorial Staff
October 09, 2026

AZIO AI Inks 10MW Hosting Deal at Atlas One Campus

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Original Source

TLDR

  • AZIO AI secured a 10 MW hosting deal with Power Champion, potentially worth $90 million over five years and expandable to $450 million.
  • AZIO AI will provide power, space, and hosting for AI equipment, with initial capacity of 10 MW and expansion rights up to 50 MW.
  • AZIO AI's new AI data center campus in South Texas aims to support advanced computing and create economic opportunities in the region.
  • AZIO AI's Atlas One campus spans 548 acres and is designed for up to 500 MW of power capacity, with 6 MW already activated.

Impact - Why it Matters

This agreement underscores the growing demand for specialized AI computing infrastructure and highlights AZIO AI’s strategic pivot from its previous incarnation as Envirotech Vehicles. By securing a major hosting contract, the company validates its Project Atlas model of behind-the-meter, power-backed campuses designed to support power-intensive workloads. For investors, the potential $90 million in capacity reservation charges over five years—and up to $450 million if fully expanded—signals significant revenue potential, though subject to infrastructure development and regulatory approvals. As AI adoption accelerates, reliable and scalable power infrastructure becomes critical, positioning AZIO AI as a key player in the emerging AI data center market. This news matters because it illustrates how traditional energy and real estate assets are being repurposed for high-tech computing, a trend that could reshape both the tech and energy sectors.

Summary

AZIO AI Holdings (NASDAQ: AZIO) has announced a power purchase and hosting agreement with Power Champion Investment Limited at its Atlas One compute infrastructure campus in South Texas. The deal establishes an initial contracted capacity of 10 megawatts (MW), with expansion rights up to 50 MW, subject to infrastructure improvements and other conditions. Under the agreement, AZIO AI will provide power, leased facility space, interconnectivity, and hosting services for artificial intelligence (AI) computing equipment. At the initial 10 MW capacity, the company expects approximately $1.5 million in monthly capacity reservation charges, totaling $90 million over the five-year initial term, excluding electricity sales and additional services. If fully expanded to 50 MW, the agreement could generate approximately $450 million in capacity reservation charges over the same period.

The agreement marks the first hosting contract at Atlas One, a 548-acre campus designed for up to 500 MW of planned power capacity. Approximately 11 MW has been secured to date, including 6 MW currently activated. No capacity has yet been energized under the new agreement, and expansion beyond the initial 10 MW has not been exercised. Service commencement remains subject to infrastructure development, required U.S. export control approvals, and other contractual conditions. AZIO AI Holdings, Inc. (NASDAQ: AZIO), formerly Envirotech Vehicles, Inc. (Nasdaq: EVTV), is a technology infrastructure company focused on developing, owning, and operating artificial intelligence data centers, enterprise GPU compute infrastructure, digital power solutions, and other high compute operations. Through Project Atlas, the company is developing behind-the-meter, power-backed campuses in Texas intended to support power-intensive compute workloads as additional generation, connectivity, customer commitments, and capital are secured.

For more information, visit the full press release at https://ibn.fm/7uT4q. The latest news and updates relating to AZIO are available in the company’s newsroom at https://ibn.fm/AZIO. This news was distributed by TechMediaWire (“TMW”), a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers access to a vast network of wire solutions via InvestorWire, article and editorial syndication to 5,000+ outlets, enhanced press release enhancement, social media distribution, and a full array of tailored corporate communications solutions.

Source Statement

This curated news summary relied on content distributed by InvestorBrandNetwork (IBN). Read the original source here, AZIO AI Inks 10MW Hosting Deal at Atlas One Campus

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