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EdgeMode (EDGM) delivers innovative high-performance computing and sustainable data center solutions powered by renewable energy. This page provides investors and industry professionals with the latest news, press releases, and strategic developments directly from the company.
Stay informed about EDGM’s advancements in green technology, including its proprietary immersion cooling systems and partnerships in the AI infrastructure space. Access real-time updates on earnings reports, operational expansions, and sustainability milestones.
Key coverage areas include financial performance, technology innovations, and environmental initiatives. Bookmark this page for streamlined access to EDGM’s evolving role in energy-efficient data centers and edge computing solutions.
EdgeMode (OTC:EDGM) and Vertical Data have signed a Memorandum of Understanding to jointly develop and market a 20-megawatt AI-optimized data center in Sweden. The collaboration combines EdgeMode's Marviken Smart Energy Cluster, featuring 95 MW of renewable power and immersion cooling capabilities up to ~180 kW/rack, with Vertical Data's AI infrastructure expertise and GPU financing solutions.
The partnership aims to deliver a comprehensive solution integrating renewable-powered infrastructure, AI hardware supply, and flexible financing options through GPUFinancing.com. The facility will cater to global AI and HPC customers seeking sustainable, scalable compute capacity. The companies will immediately begin joint marketing activities, though the MOU remains non-binding pending definitive agreements.
EdgeMode (OTC: EDGM) has signed a non-binding term sheet for a $4 million convertible note financing to support infrastructure development and growth initiatives. The funding will facilitate the acquisition of Blackberry AIF and development of Swedish digital infrastructure sites, expected to increase the company's asset base by $140 million.
The proposed convertible note terms include an 8% annual interest rate, 12-month maturity, and conversion rights after 180 days at a 35% discount to market price. EdgeMode maintains prepayment options at 120-125% premium, with investor restrictions on short selling. The company targets a $1 billion enterprise valuation as sites become operational.
EdgeMode (OTC: EDGM) has acquired Synthesis Analytics Production Ltd. (SAPL), now rebranded as EdgeMode Europe, in a strategic move to expand its AI and high-performance computing data center operations. The acquisition includes a 95-megawatt power purchase agreement in Sweden, a long-term data center facility lease, and 20,000 square meters of expansion land.
The company is constructing a 20-megawatt HPC facility in Marviken, Sweden, with initial power delivery expected this quarter, followed by a 75-megawatt second phase. The site has potential to exceed 300 megawatts within five years. The deal also includes proprietary immersion cooling and heat exchange technologies. Former SAPL CEO Dr. Niclas Adler joins as CTO and board director. EdgeMode has secured its first client, Cudo Ventures.
EdgeMode Inc. (OTCQB:EDGM) has announced its agreement to acquire Synthesis Analytics AB, marking its entry into the AI data center colocation industry. The acquisition includes a 20,000 m² land freehold in Sweden with 20 MW power capacity. EdgeMode has secured 45 MW of sites for immediate development, reducing Time to Power for AI Compute tenants to less than six months.
Key highlights:
- 100% renewable energy supply
- Proprietary immersion cooling technology
- 400 MW pipeline
- 3 months Time to Power for initial 20 MW
- 1100 sqm data center facilities with cooling infrastructure
The acquisition is expected to complete before the end of 2024. EdgeMode focuses on providing edge compute solutions through low-latency colocation in dense urban areas. The company plans to expand to multiple international locations in 2025 and beyond.
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