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BluSky AI Inc. Secures First Site with 9.3MW to Launch Flagship Data Center in Central, Utah

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BluSky AI (OTC: BSAI) has secured its first operational site for AI data center infrastructure in Central, Utah through two key agreements. The company acquired 9.3 megawatts (MW) of grid-interconnected power through a Power Assignment Agreement with Digital Asset Management, LLC, issuing 20 million shares of restricted common stock as consideration.

Additionally, BluSky AI executed a Ground Lease with Wild Mustang Ventures LLC for 51.6 acres of land, featuring a two-year term and $90,000 annual base rent with a purchase option. This dual acquisition positions BluSky AI to deploy its modular AI compute infrastructure with long-term energy stability and cost efficiency.

BluSky AI (OTC: BSAI) ha ottenuto il suo primo sito operativo per l'infrastruttura di data center AI a Central, Utah, tramite due accordi chiave. L'azienda ha acquisito 9,3 megawatt (MW) di energia connessa alla rete attraverso un Accordo di Assegnazione di Energia con Digital Asset Management, LLC, emettendo 20 milioni di azioni ordinarie vincolate come corrispettivo.

Inoltre, BluSky AI ha stipulato un Contratto di Locazione Terriera con Wild Mustang Ventures LLC per 51,6 acri di terreno, con una durata di due anni e un canone base annuo di 90.000 dollari, con opzione di acquisto. Questa doppia acquisizione consente a BluSky AI di implementare la sua infrastruttura modulare di calcolo AI garantendo stabilità energetica a lungo termine e efficienza nei costi.

BluSky AI (OTC: BSAI) ha asegurado su primer sitio operativo para infraestructura de centros de datos de IA en Central, Utah, mediante dos acuerdos clave. La compañía adquirió 9,3 megavatios (MW) de energía conectada a la red a través de un Acuerdo de Asignación de Energía con Digital Asset Management, LLC, emitiendo 20 millones de acciones ordinarias restringidas como contraprestación.

Adicionalmente, BluSky AI firmó un Contrato de Arrendamiento de Terreno con Wild Mustang Ventures LLC para 51,6 acres de terreno, con un plazo de dos años y una renta base anual de 90.000 dólares, con opción de compra. Esta doble adquisición posiciona a BluSky AI para desplegar su infraestructura modular de cómputo de IA con estabilidad energética a largo plazo y eficiencia en costos.

BluSky AI (OTC: BSAI)는 유타주 센트럴에 AI 데이터 센터 인프라를 위한 첫 번째 운영 부지를 두 가지 주요 계약을 통해 확보했습니다. 회사는 Digital Asset Management, LLC와의 전력 할당 계약을 통해 9.3메가와트(MW)의 그리드 연결 전력을 취득하고, 대가로 2,000만 주의 제한된 보통주를 발행했습니다.

또한, BluSky AI는 Wild Mustang Ventures LLC와 51.6에이커 부지에 대해 2년 임대 기간과 연간 기본 임대료 9만 달러, 구매 옵션이 포함된 토지 임대 계약을 체결했습니다. 이중 인수로 BluSky AI는 장기적인 에너지 안정성과 비용 효율성을 갖춘 모듈형 AI 컴퓨팅 인프라를 배치할 수 있게 되었습니다.

BluSky AI (OTC : BSAI) a sécurisé son premier site opérationnel pour l'infrastructure de centre de données IA à Central, Utah, grâce à deux accords clés. La société a acquis 9,3 mégawatts (MW) de puissance connectée au réseau via un accord de cession d'énergie avec Digital Asset Management, LLC, émettant 20 millions d'actions ordinaires restreintes en contrepartie.

De plus, BluSky AI a conclu un bail foncier avec Wild Mustang Ventures LLC pour 51,6 acres de terrain, avec une durée de deux ans et un loyer annuel de base de 90 000 dollars, incluant une option d'achat. Cette double acquisition positionne BluSky AI pour déployer son infrastructure modulaire de calcul IA avec une stabilité énergétique à long terme et une efficacité des coûts.

BluSky AI (OTC: BSAI) hat seinen ersten operativen Standort für KI-Datenzentrumsinfrastruktur in Central, Utah, durch zwei wichtige Vereinbarungen gesichert. Das Unternehmen erwarb 9,3 Megawatt (MW) netzgekoppelte Energie durch einen Stromzuweisungsvertrag mit Digital Asset Management, LLC und gab dafür 20 Millionen eingeschränkte Stammaktien aus.

Zusätzlich schloss BluSky AI einen Grundstücksmietvertrag mit Wild Mustang Ventures LLC über 51,6 Acres Land ab, mit einer Laufzeit von zwei Jahren und einer jährlichen Grundmiete von 90.000 US-Dollar sowie einer Kaufoption. Diese doppelte Akquisition ermöglicht es BluSky AI, seine modulare KI-Computing-Infrastruktur mit langfristiger Energieversorgungssicherheit und Kosteneffizienz einzusetzen.

Positive
  • Secured 9.3 MW of grid-interconnected power at competitive rates for long-term operations
  • Acquired control of 51.6 acres of strategic land in Central, Utah
  • Additional grid access capacity beyond the initial 9.3 MW commitment
  • Long-term energy stability secured for the full operational life of the data center
Negative
  • Significant share dilution with issuance of 20 million restricted common shares
  • Annual base rent of $90,000 will accrue rather than be paid immediately
  • Limited two-year initial lease term requires future extension or purchase execution

Salt Lake City Utah, July 08, 2025 (GLOBE NEWSWIRE) -- BluSky AI Inc. (OTC: BSAI), (“BluSky AI” or the “Company”), a next-generation developer of modular AI data center infrastructure, is proud to announce the acquisition of its first operational site, securing a total of 9.3 megawatts (MW) of power to support its flagship data center project in Central, Utah.

On June 30, 2025, BluSky AI entered into a definitive Acquisition and Power Assignment Agreement with Digital Asset Management, LLC (“DAM”), a Wyoming-based infrastructure partner. Under the agreement, DAM assigned to BluSky AI its exclusive right to utilize 9.3 MW of grid-interconnected power at a highly competitive rate, subject to standard adjustments. This power commitment will support BluSky AI’s long-term operations at the Milford site.

In consideration for the power rights, BluSky AI issued 20 million shares of restricted common stock to DAM. The agreement spans the full operational life of the Utah data center project, ensuring long-term energy stability and cost efficiency.

Simultaneously, BluSky AI executed a Ground Lease with an Option to Purchase with Wild Mustang Ventures LLC, securing 51.6 acres of land in Central, Utah. The lease, which runs for an initial two-year term, includes an annual base rent of $90,000, which will accrue until the earlier of lease expiration or BluSky’s exercise of its purchase option.

With this dual milestone, BluSky AI now controls 9.3 MW of power capacity, including additional grid access beyond the commitment, positioning the Company to rapidly deploy its modular AI compute infrastructure.

“This is a foundational moment for BluSky AI,” said Trent D'Ambrosio, CEO of BluSky AI Inc. “Securing long-term, low-cost power and a strategic land position in Central Utah gives us the runway to scale our AI infrastructure with sustainability and precision. It’s the first step in a bold vision to provide access to compute and power the future of intelligent systems.”

Trent D’Ambrosio
CEO, BluSky AI Inc.
trentdambrosio@bluskyaidatacenters.com
www.bluskyaidatacenters.com

About BluSky AI Inc.

Headquartered in Salt Lake City, Utah, BluSky AI Inc. delivers modular, rapidly deployable data center infrastructure purpose-built for artificial intelligence. These next generation scalable AI Factories provide speed-to-market, and energy optimization for entities requiring high-performance infrastructure to support machine learning workloads. BluSky AI empowers small, mid-sized, enterprise, and academic partners from start-up to scale-up to drive innovation without compromise.

Forward-Looking Statements:

This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties.  Forward-looking statements in this news release include statements with respect to the potential impact for the Company. There can be no assurance statements will prove to be accurate and actual results and future events could differ materially from anticipated in such statements.

BluSky AI Inc. disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events except as required by applicable securities legislation.


FAQ

What power capacity did BluSky AI (BSAI) secure for its Utah data center?

BluSky AI secured 9.3 megawatts (MW) of grid-interconnected power for its data center project in Central, Utah.

How much land did BluSky AI acquire in Central, Utah?

BluSky AI secured a lease for 51.6 acres of land in Central, Utah through a Ground Lease with Wild Mustang Ventures LLC.

How many shares did BSAI issue for the power rights acquisition?

BluSky AI issued 20 million shares of restricted common stock to Digital Asset Management, LLC as consideration for the power rights.

What is the annual rent for BluSky AI's Utah land lease?

The lease includes an annual base rent of $90,000, which will accrue until either lease expiration or exercise of the purchase option.

Who is the CEO of BluSky AI (BSAI)?

Trent D'Ambrosio is the CEO of BluSky AI Inc.
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