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Elektros Launches Strategic Initiative to Develop AI Data Centers in South Florida

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Elektros (OTC PINK:ELEK) has announced plans to acquire real estate assets in South Florida for developing AI data centers. The initiative aims to integrate the company's existing lithium operations with digital infrastructure and backup power solutions. The development strategy, led by Next Realm AI, will focus on establishing facilities for data center operations, lithium battery manufacturing, smart city IoT infrastructure, and emergency power management systems. The company plans to position its operations near key fiber optic networks to enhance regional digital resilience. Elektros will also host investor networking events featuring industry leaders and local officials to showcase investment opportunities in the region's AI and sustainable energy infrastructure.

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Positive

  • Strategic expansion into AI data center real estate market
  • Leveraging existing lithium operations for backup power solutions
  • Strategic positioning near key fiber optic networks

Negative

  • None.

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On the day this news was published, ELEK declined NaN%, reflecting a moderate negative market reaction.

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SUNNY ISLES BEACH, FL / ACCESSWIRE / October 30, 2024 / Elektros (OTC PINK:ELEK), a leader in electric mobility, is set to transform South Florida's technology landscape with its new initiative to acquire real estate assets aimed at establishing advanced AI data centers. This strategic move leverages Elektros's existing lithium operations to create a comprehensive digital infrastructure paired with reliable energy backup solutions.

As the demand for AI-driven data processing capabilities surges, Elektros is strategically targeting properties that will support a diverse range of operations. These include data center facilities, cutting-edge lithium battery manufacturing, smart city IoT infrastructure, and emergency power management systems. The integration of Elektros's established lithium supply chain will ensure robust backup power solutions, essential for maintaining operational continuity.

The development strategy, led by Next Realm AI, addresses the critical need for uninterrupted data processing and storage while aligning with South Florida's smart city initiatives. By positioning its operations close to key fiber optic networks, Elektros is creating a unique opportunity to enhance the region's digital resilience and sustainability.

With this ambitious plan, Elektros aims to become a pivotal player in the expanding AI ecosystem of South Florida, reinforcing its commitment to innovation and community development.

South Florida Events

Elektros will announce a series of high-profile investor networking events across South Florida, showcasing the region's transformation into a premier hub for AI infrastructure, renewable energy solutions, and smart city technologies. The upcoming events will feature industry leaders, local government officials, and technology partners, highlighting investment opportunities in data center development and sustainable energy infrastructure that are reshaping South Florida's digital landscape.

To stay informed about these exclusive networking events, interested parties are invited to join our Elektros Investor Network at https://elektros.energy/investors/

About Elektros, Inc.

Elektros (OTC PINK:ELEK) is a vertically integrated sustainable energy company focused on lithium mining, electric vehicle charging, solar energy storage, and power supply for AI data centers. We are at the forefront of the clean energy transition, driving innovation in mobility and energy technologies to combat the global climate crisis and deliver transformative user experiences. www.elektros.energy

Follow of Facebook: https://www.facebook.com/Elektrosenergy

Cautionary Language Concerning Forward-Looking Statements

This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential," and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Elektros, Inc.'s products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Elektros Inc.'s filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs, and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting Elektros Inc., please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. Elektros, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT:

Elektros, Inc. IR and Media Inquiries
Email: ElektrosInc@gmail.com

SOURCE: Elektros, Inc.



View the original press release on accesswire.com

FAQ

What is Elektros (ELEK) planning to develop in South Florida?

Elektros (ELEK) is planning to develop AI data centers in South Florida, integrating data center facilities, lithium battery manufacturing, and smart city IoT infrastructure.

How will Elektros (ELEK) support its AI data centers' power requirements?

Elektros (ELEK) will utilize its existing lithium operations to provide backup power solutions for the data centers, ensuring operational continuity.

What is Next Realm AI's role in Elektros (ELEK) data center initiative?

Next Realm AI is leading the development strategy for Elektros (ELEK)'s AI data center initiative in South Florida.
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