Announcement • May 17
Avax One Technology Ltd. Reiterates Earnings Guidance for the Full Year 2026 Avax One Technology Ltd. reiterated earnings guidance for the full year 2026. For the year, the company expects revenue to be $11.4 million. Operating income to be $0.9 million. Announcement • May 08
Avax One Technology Ltd. to Report Q1, 2026 Results on May 14, 2026 Avax One Technology Ltd. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 14, 2026 Announcement • May 03
Avax One Technology Ltd. Advances Alberta Ai/Hpc Powered Land Program and Confirms Behind-The-Meter Natural Gas Infrastructure Model and Expanded Site Pipeline AVAX One Technology Ltd. provided an update on the development progress of its previously announced 10 MW Tier 3-ready AI/HPC powered land site in Alberta, and confirmed the underlying infrastructure model that distinguishes the Company's approach from grid-dependent competitors: fully behind-the-meter natural gas power generation, purpose-built for high-performance compute deployment. The Alberta site, first announced April 20, 2026, remains on schedule for end-client deployment readiness in First Quarter 2027. The Company confirmed that BlueFlare Energy Solutions Inc., a Calgary-based energy infrastructure company with an established operational footprint across Western Canada's oil and gas and behind-the-meter power sectors, has been engaged as infrastructure development partner for the project. BlueFlare is currently in the process of selecting the Owner's Engineer representative for the Alberta site — a critical milestone that advances the project from LOI stage into formal technical execution. North American grid interconnection queues now exceed 2,400 gigawatts of pending capacity requests. For large commercial AI/HPC loads, utility approval timelines in most jurisdictions range from 24 to 60 months — a timeline that is incompatible with the competitive urgency facing operators deploying artificial intelligence infrastructure. AVAX One's behind-the-meter natural gas model, executed through BlueFlare's infrastructure platform, removes this exposure entirely through: Dedicated on-site power generation — not drawn from the utility grid, not subject to interconnection approvals; Ultra-low and predictable power costs – Flared natural gas is essentially free or near-zero fuel. Modular gas generators or turbines deliver dispatchable baseload power at costs “well below industry norms,” bypassing volatile wholesale electricity and transmission charges; Instant grid bypass and speed-to-market - AESO interconnection queues exceed 20 GW for data centers; BTM/self-generation allows immediate deployment without multi-year delays. Bill 8, Utilities Statutes Amendment Act 2025 fast-tracks approvals for projects that “bring their own generation.”; Contractually controlled capacity — clients secure their power alongside their land, with no third-party utility dependency; Modular and scalable — infrastructure designed to expand in phases aligned with client compute growth; and Western Canada advantage — natural gas supply access, favorable climate conditions for cooling efficiency, and available land position Alberta as one of the most cost-competitive AI/HPC jurisdictions in North America. Building on the initial 10 MW Alberta site LOI, the Company confirmed it is in active evaluation of additional Western Canada locations targeting a range of 5 MW to 50+ MW per site. BlueFlare's existing operational presence across the region supports site identification, permitting, and infrastructure deployment across the broader pipeline. AVAX One expects to provide further updates on pipeline development during First Half 2026. The Company is currently engaged in discussions with HPC operators, co-location providers, and institutional capital partners regarding site acquisition, build-to-suit development, and joint venture structures across its powered land inventory. As reported in the Company's preliminary First Quarter 2026 results, AVAX One held a cash balance of approximately $27 million as of March 31, 2026 — providing operational runway of more than three years without liquidating digital asset holdings. This positions the Company to execute on powered land development commitments without dilutive capital raises. Wholesale rates for 250 kW–4+ MW AI/HPC deployments average $86–110/kW/month in secondary markets (with power + infra), rising to $130–195/kW/month in constrained primary markets. Alberta’s gas-cost advantage positions the Project at the competitive lower-to-mid range while preserving high margins. For 7 MW mission-critical capacity at 80–90% utilization: Gross annual revenue potential of $7–$12+ million (conservative; excludes upside from excess power sales, ancillary services, or carbon-credit stacking). Energy component: Low/zero fuel cost enables attractive all-in rates to tenants (often pass-through + margin) while delivering 50%+ gross margins vs. grid-tied competitors. 
