AZIO AI Holdings Inks First Hosting Deal at South Texas Atlas One Campus, Potential $450M Value

AZIO AI Holdings (NASDAQ: AZIO) announced a power purchase and hosting agreement with Power Champion Investment Limited at its Atlas One compute infrastructure campus in South Texas, according to a NEWMEDIAWIRE release. 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. 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. Full expansion to 50 MW 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.

The news matters because it underscores Texas's growing role as a hub for AI infrastructure. As demand for power-intensive computing surges, projects like Atlas One can drive economic development, create jobs, and attract further investment to the state. Approximately 11 MW has been secured to date, including 6 MW currently activated, though 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, formerly Envirotech Vehicles, Inc. (Nasdaq: EVTV), focuses on developing, owning, and operating AI 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 details on the agreement, see the full press release. The latest news and updates relating to AZIO are available in the company's newsroom at https://ibn.fm/AZIO.

Investors and industry observers should note that forward-looking statements involve risks and uncertainties that could cause actual results to differ materially. These include factors beyond management's control, as detailed in the company's SEC filings. Undue reliance should not be placed on such statements when making investment decisions. The potential $450 million contract value highlights the significant economic opportunity that AI infrastructure projects can bring to Texas, but realization depends on successful infrastructure development and regulatory approvals.