Announcement • Aug 23
Azio Ai Holdings Announces Atlas One, A 500 Acre Site Designed for Up to 500 Mw of Behind-The-Meter Power
Azio AI Holdings, Inc. announced Atlas One, the first named development phase of Project Atlas, the Company’s South Texas compute infrastructure campus spanning more than 548 acres and engineered for up to 500 MW of planned behind-the-meter power capacity. Atlas One brings together under a single project name the land, power, connectivity and modular compute infrastructure AZIO has announced since May 2026 and sets the framework for phased development toward AI and high-density compute hosting. Approximately 6 MW of compute infrastructure at the site is activated and achieved approximately 97.8% uptime. The approximately 11 MW of behind-the-meter power secured to date and the up to 500 MW of planned capacity are located on the same 548-acre property. The planned 500 MW is additional to the secured 11 MW rather than inclusive of it, and the activated 6 MW forms part of that secured 11 MW. More than 548 acres of controlled land in South Texas, engineered for up to 500 MW of planned behind-the-meter power capacity on the same property, additional to the capacity secured to date, as previously announced on June 2, 2026. Approximately 11 MW of secured behind-the-meter natural gas power capacity at the property and supporting electrical infrastructure, reducing dependence on utility capacity timelines, as previously announced on May 20, 2026, and June 16, 2026. Approximately 6 MW of compute infrastructure activated at the site, forming part of the secured 11 MW, as previously announced on June 2, 2026. Approximately 97.8% operating uptime achieved by the activated deployment. Estimated power costs near $0.03/kWh at the site’s mining deployment, as previously announced on May 26, 2026. Dedicated enterprise fiber under a Master Services Agreement with AT&T, with approximately $2.4 million committed for high-capacity connectivity, as previously announced on July 31, 2026. Natural gas pipeline and metering infrastructure under development, supported by gas studies and engineering reports, with interconnection planning as previously announced on June 2, 2026. AZIO’s approach at Atlas One has been sequential: secure the power first, put a real workload on it, and expand only against demonstrated operating performance. The Company has secured behind-the-meter natural gas generation and supporting electrical systems at the site and activated approximately 6 MW of Bitcoin mining infrastructure as an initial operating workload to test the power environment under sustained load. That deployment has run for several months and delivered approximately 97.8% uptime. With that operating foundation established, AZIO is deploying capital, equipment and engineering resources toward the initial 11 MW phase of Atlas One — additional compute containers, generation, electrical infrastructure, pipeline and metering work, and fiber and site improvements. Subsequent phases are intended to support AI/GPU hosting, high-performance computing and dedicated customer capacity, while retaining designated capacity for company-operated Bitcoin mining. Behind-the-meter generation is central to the site’s development thesis. By generating power on site, Atlas One is designed to bring capacity online on the Company’s own construction schedule. The more than 548 acres AZIO controls are engineered for up to 500 MW of additional behind-the-meter capacity beyond the 11 MW secured to date — scale the Company could not pursue through utility service on any comparable timeline. Because the land is already controlled and generation is developed on site, expansion is principally a function of capital, equipment and generation rather than land assembly or grid access. Realizing any portion of that planned capacity will require additional generation, equipment, permitting, financing and customer commitments, and the Company intends to announce capacity as it is secured and activated rather than in advance of it. Atlas One is the first project to carry the Project Atlas naming convention. Going forward, the Company plans to name any future sites Atlas Two, Atlas Three and so on as and when they are announced. Atlas One is intended to connect AZIO’s GPU and compute systems business with the physical infrastructure required to operate those systems, allowing the Company to participate across multiple portions of the compute value chain rather than in a single hardware transaction. GPU and compute system sales. AZIO sells NVIDIA HGX B300 GPU systems, servers, racks and related AI compute infrastructure. These sales, including the sales pipeline for up to 128 HGX B300 systems announced on August 6, 2026, are separate commercial arrangements and are not part of the Atlas One project. Hardware relationships of this kind may, however, create demand for hosting infrastructure of the type Atlas One is being developed to provide. AI and high-density compute hosting. Atlas One is being developed to provide power, electrical infrastructure, connectivity and an operating environment for AI/GPU hosting and high-performance computing workloads. The Company’s initial hosting agreement with Power Champion Investment Limited, announced on July 9, 2026, is a separate commercial arrangement and is not part of the Atlas One project, but it reflects the hosting demand the Company is building infrastructure to serve. Company-operated Bitcoin mining. AZIO intends to continue using designated capacity for company-operated mining, providing an operating workload for activated infrastructure as the platform develops. Complete infrastructure supporting the initial 11 MW phase of Atlas One. Activate additional compute containers and behind-the-meter generation.
