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Azio AI Receives First ASIC Purchase Order and Advances Infrastructure Validation Initiative in Collaboration with Envirotech Vehicles (NASDAQ: EVTV)

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Azio AI received a purchase order from Envirotech Vehicles (NASDAQ: EVTV) for 28 next‑generation ASIC compute systems, with payment for the initial tranche received in full. Delivery is expected in the coming weeks for deployment into EVTV's liquid‑immersion‑cooled modular container platform.

Azio AI will lead hardware integration, configuration, and performance optimization to validate high‑density power utilization, immersion cooling efficiency, uptime resilience, and compute economics under continuous SHA‑256 workloads producing Bitcoin yields. There is no assurance on delivery timing, operational results, or future expansion.

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Positive

  • Purchase order for 28 ASIC systems received
  • Initial payment for the tranche received in full
  • Deployment to validate immersion cooling and high‑density compute
  • Azio AI to lead integration and optimization with senior HPC engineers

Negative

  • No assurance on delivery timing or operational performance
  • Digital asset yields from SHA‑256 are uncertain
  • EVTV holds lease rights to power containers, not ownership

Key Figures

ASIC systems ordered: 28 units
1 metrics
ASIC systems ordered 28 units First ASIC compute purchase order from Azio AI collaboration

Market Reality Check

Price: $1.73 Vol: Volume 1,092,828 is only ...
low vol
$1.73 Last Close
Volume Volume 1,092,828 is only 0.16x the 20-day average of 7,003,080, indicating subdued trading activity ahead of this news. low
Technical Shares last closed at $1.73, trading slightly below the $1.78 200-day moving average after a -11.28% 24h move.

Peers on Argus

EVTV’s -11.28% move contrasted with mixed peer action: LOBO -3.3%, FLYE -2.22%, ...

EVTV’s -11.28% move contrasted with mixed peer action: LOBO -3.3%, FLYE -2.22%, AYRO +7.35%, ECDA +26.87%, CENN flat, pointing to stock-specific dynamics around its AI infrastructure story.

Historical Context

5 past events · Latest: Feb 04 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Feb 04 AI execution phase Positive -4.8% On-site engineering validation advancing modular AI and power infrastructure into execution.
Jan 26 AI container delivery Positive +34.8% Delivery and energization of 40-foot immersion-ready AI data center container.
Jan 21 AI momentum, Nasdaq Positive -13.6% Reaffirmed AZIO AI momentum and framed Nasdaq compliance matter as procedural.
Jan 21 Scalable AI plan Positive -13.6% Announced scalable AI infrastructure strategy with multi‑megawatt expansion pathways.
Jan 12 Govt AI orders Positive +442.0% AZIO disclosed $100M+ government GPU orders and a reference value of $3.00 per EVTV share.
Pattern Detected

EVTV’s AI-related announcements have produced volatile and sometimes contradictory reactions, with both sharp rallies and notable selloffs following ostensibly positive infrastructure and partnership updates.

Recent Company History

Over recent months, EVTV has repeatedly highlighted its collaboration with AZIO AI, moving from strategic frameworks to concrete infrastructure steps. On Jan 26, 2026, delivery of an immersion-ready AI data center container coincided with a +34.79% move, while scalable AI infrastructure news on Jan 21, 2026 saw a -13.59% reaction. Earlier, a major AZIO government order referencing EVTV at $3.00 per share aligned with a +442% spike. Today’s purchase-order validation phase extends this AI compute and power build-out theme.

Regulatory & Risk Context

Active S-3 Shelf · $1,000,000,000
Shelf Active
Active S-3 Shelf Registration 2025-08-18
$1,000,000,000 registered capacity

EVTV has an effective S-3/A shelf filed on Aug 18, 2025, permitting up to $1,000,000,000 of securities issuance across common stock, preferred stock, debt, warrants and units; as of the provided data, reported usage is 0 with the overall structure maintained.

Market Pulse Summary

This announcement marks another step in EVTV’s AZIO AI collaboration, adding a first order for 28 AS...
Analysis

This announcement marks another step in EVTV’s AZIO AI collaboration, adding a first order for 28 ASIC systems to validate high-density, immersion-cooled compute tied to Bitcoin workloads. It follows prior container and infrastructure milestones and sits against a backdrop of Nasdaq governance cure efforts and a sizeable $1,000,000,000 shelf. Investors may track execution of the validation phase, any expansion beyond initial capacity, and how digital asset operations interact with overall capital needs.

Key Terms

asic, immersion cooling, bitcoin
3 terms
asic technical
"purchase order from Envirotech Vehicles, Inc. ("EVTV") for twenty-eight (28) next-generation ASIC compute systems"
ASIC is Australia’s corporate, markets and financial services regulator that enforces rules for companies, financial advisers and market operators; think of it as the referee and rulebook keeper for financial activity. It matters to investors because ASIC’s oversight, investigations and enforcement actions affect company credibility, legal risk and market fairness—actions that can change stock prices, investor confidence and the safety of financial products.
immersion cooling technical
"validate High-Density Compute, Immersion Cooling, and Scalable Energy-Integrated Infrastructure"
Immersion cooling is a method of keeping electronic equipment, such as computer servers, cool by submerging the components in a special non-conductive liquid that draws heat away more efficiently than air. For investors, it matters because it can cut energy and cooling costs, allow more computing power in the same physical space, and reduce infrastructure needs—factors that can lower operating expenses and enable faster growth in data-heavy businesses.
bitcoin financial
"support specialized SHA-256 compute workloads, generating Bitcoin ("BTC") yields"
Bitcoin is a decentralized digital currency and asset that exists only online, created and recorded through a public digital record maintained by many computers worldwide—think of it as a shared spreadsheet that no single person controls. Investors care because it behaves like a high-risk, high-reward store of value and speculative commodity: its supply is limited, its price can swing sharply, and owning it can change a portfolio’s risk, diversification and exposure to market sentiment.

AI-generated analysis. Not financial advice.

Strategic Deployment Phase Expected to Validate High-Density Compute, Immersion Cooling, and Scalable Energy-Integrated Infrastructure

LOS ANGELES, Feb. 20, 2026 /PRNewswire/ -- Azio AI Corporation ("Azio AI" or the "Company"), a next-generation artificial intelligence infrastructure and high-performance compute platform, today announced the receipt of its first purchase order from Envirotech Vehicles, Inc. ("EVTV") for twenty-eight (28) next-generation ASIC compute systems as part of its broader infrastructure validation initiative.

Payment for the initial tranche has been received in full.

Strategic ASIC Deployment in Collaboration with EVTV

Azio AI expects to begin delivery of the ASIC systems in the coming weeks. Upon delivery, the units are expected to be deployed within EVTV's liquid-immersion-cooled modular container infrastructure platform, for which EVTV holds lease rights to the underlying containerized and power-backed infrastructure.

Under the collaboration framework:

  • EVTV will own the ASIC compute systems

  • EVTV maintains lease rights to the containerized power infrastructure

  • Azio AI will lead hardware integration, system configuration, and performance optimization

  • Azio AI's engineering team — including senior integration personnel with prior experience at NVIDIA and other high-performance computing environments — will support deployment, validation, and operational streamlining

The initial ASIC deployment is structured to validate sustained high-density power utilization, immersion cooling efficiency, uptime resilience, and compute economics under continuous-load conditions.

During this validation phase, the systems are expected to support specialized SHA-256 compute workloads, generating Bitcoin ("BTC") yields while establishing operational benchmarks for scalable multi-megawatt expansion.

There can be no assurance regarding delivery timing, operational performance, digital asset yields, lease arrangements, or future expansion plans.

About Azio AI Corporation

Azio AI is a high-performance computing and artificial intelligence infrastructure company focused on delivering scalable GPU compute platforms, modular data centers, and energy-integrated infrastructure solutions designed to support sustained AI workloads across enterprise, government, and industrial applications.

Forward-Looking Statements

This press contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, or the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included herein and public statements by our officers or representatives, that address activities, events or developments that our management expects or anticipates will or may occur in the future, are forward-looking statements, including but not limited to such things as future business strategy, plans and goals, competitive strengths and expansion and growth of our business. These forward-looking statements, along with terms such as "anticipate," "expect," "intend," "may," "will," "should," and other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future, and include risks related to changes in our operations; uncertainties concerning estimates; industry-related risks; the commercial success of, and risks related to, our development activities; uncertainties and risks related to our reliance on contractors and consultants. Those statements include statements regarding the intent, belief, or current expectations of the Company and members of its management, as well as the assumptions on which such statements are based. Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Although these forward-looking statements were based on assumptions that the Company believes are reasonable when made, you are cautioned that forward-looking statements are not guarantees of future performance and that actual results, performance or achievements may differ materially from those made in or suggested by the forward-looking statements contained in this news release. In addition, even if our results, performance, or achievements are consistent with the forward-looking statements contained in this news release, those results, performance or achievements may not be indicative of results, performance or achievements in subsequent periods. Given these risks and uncertainties, you are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statements made in this news release speak only as of the date of those statements, and we undertake no obligation to update those statements or to publicly announce the results of any revisions to any of those statements to reflect future events or developments.

Investor Relations & Media Contact
Phoenix Management & Consulting Group
Strategic Communications & Capital Markets Advisory
Email: info@phoenixmgmtconsulting.com

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SOURCE Azio AI Corporation

FAQ

What did Azio AI announce about the EVTV (EVTV) purchase order on February 20, 2026?

Azio AI announced it received a purchase order for 28 ASIC compute systems and payment in full. According to Azio AI, delivery begins in the coming weeks for deployment into EVTV's immersion‑cooled container infrastructure to validate performance and economics.

How will the 28 ASIC systems be deployed by EVTV (EVTV) and Azio AI?

The systems will be deployed into EVTV's liquid‑immersion‑cooled modular containers to validate efficiency and uptime. According to Azio AI, its engineers will lead hardware integration, system configuration, and performance optimization during validation.

What operational goals does Azio AI expect to validate with EVTV (EVTV)?

Azio AI aims to validate high‑density power utilization, immersion cooling efficiency, uptime resilience, and compute economics. According to Azio AI, the validation runs continuous SHA‑256 workloads to benchmark performance and potential scale‑up metrics.

Will the ASIC deployment generate cryptocurrency yields for EVTV (EVTV)?

The validation systems are expected to support SHA‑256 workloads that generate Bitcoin yields while benchmarking operations. According to Azio AI, there is no assurance about digital asset yields, timing, or long‑term earnings from those activities.

What are the main risks Azio AI disclosed about the EVTV (EVTV) collaboration?

Key risks include uncertain delivery timing, operational performance, and future expansion plans tied to the validation phase. According to Azio AI, lease arrangements and digital asset yield outcomes are not guaranteed and may affect scalability.
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