AZIO AI Secures Multi-Megawatt Infrastructure Order to Advance Modular AI Data Center Expansion in South Texas

AZIO AI announced a multi-megawatt infrastructure order from Envirotech Vehicles (NASDAQ: EVTV) to expand modular AI data center capacity at a South Texas site.

Rhea-AI Summary

AZIO AI announced a multi-megawatt infrastructure order from Envirotech Vehicles (NASDAQ: EVTV) to expand modular AI data center capacity at a South Texas site. The order is expected to support about 5 MW of high-density compute using behind-the-meter natural gas power, creating potential revenue opportunities, subject to customary deployment conditions.

Positive

• Order supports approximately 5 MW of modular, high-density AI compute buildout
• South Texas site designed for phased, incremental expansion of AI compute capacity
• Behind-the-meter natural gas power model targets lower, more predictable energy costs
• 24/7 dedicated power supply aims to reduce grid interconnection constraints
• Order deepens collaboration with strategic counterparty Envirotech Vehicles (EVTV)
• Multi-megawatt deployments represent potential revenue opportunities for AZIO AI

Negative

• Deployment remains subject to manufacturing, delivery, site readiness and commissioning conditions
• Any broader strategic transaction with Envirotech Vehicles is not assured and requires definitive agreements
• Realization and timing of revenue opportunities depend on deployment completion and operational performance
• Future revenue impact is also dependent on broader market conditions

Argus May 13 session

+4.48% close to close Open Argus

Details

News Market Reaction – EVTV

On May 13, the day this news came out, EVTV closed 4.48% above the previous close.

Data tracked by StockTitan Argus for the May 13 session.

Key Figures

Additional deployment: ~6 MW Planned compute buildout: approximately 5 MW Power availability: 24/7 +5 more

Additional deployment

~6 MW

Order supports additional multi-megawatt deployment at South Texas site

Planned compute buildout

approximately 5 MW

Modular high-density AI compute infrastructure tied to this order

Power availability

24/7

Continuous behind-the-meter natural gas power for AI infrastructure

Price move

6.19%

EVTV 24h price change before article publication

Current price

$2.23

EVTV stock price prior to this news

52-week range

$0.3321–$5.07

EVTV 52-week low and high before this news

Shelf registration

$1,000,000,000

Maximum aggregate offering under effective S-3/A shelf

2025 net loss

$39.1 million

Net loss reported in 2025 Form 10-K

Previous AI Reports

5 past events · Latest: May 11

Same Type 5 events

1. May 11

   AI infra order expansion

   24h Move

   +2.4%

   Additional South Texas AI infrastructure order of about 5 MW behind-the-meter power.

2. Apr 15

   AI compute launch

   24h Move

   -1.1%

   Launch of first revenue-generating, energy-backed compute site and AI transition.

3. Mar 04

   GPU order update

   24h Move

   -5.3%

   Update on $107M GPU orders with about 13% deposits and allocation shifts.

4. Feb 25

   Compute systems delivery

   24h Move

   +2.8%

   Delivery of initial AZIO AI high-performance compute systems for South Texas site.

5. Feb 04

   Engineering validation

   24h Move

   -4.8%

   On-site validation of modular AI and power infrastructure moving project into execution.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

behind-the-meter, natural gas power generation, modular AI data center

3 terms

behind-the-meter technical

"A core differentiator of the South Texas deployment is its reliance on behind-the-meter natural gas power generation."

Equipment or systems located on a customer’s side of the electricity meter—such as rooftop solar panels, battery storage, electric vehicle chargers, or energy controls—that generate, store, or manage power for use on-site rather than being supplied through the utility’s grid. Investors care because behind-the-meter assets change how much power a customer buys, can create new revenue or savings streams, affect demand patterns, and shift regulatory or business models in the energy market, much like a homeowner installing their own water tank reduces municipal supply needs.

natural gas power generation technical

"A core differentiator of the South Texas deployment is its reliance on behind-the-meter natural gas power generation."

Natural gas power generation is the production of electricity by burning natural gas to drive turbines or engines that turn heat into electrical power—think of it like a car engine using fuel to create motion, but scaled up to light homes and run factories. It matters to investors because its costs, emissions and reliability affect utility profits, fuel suppliers and energy prices; changes in gas prices, regulations or technology can quickly alter revenue and risk.

modular AI data center technical

"to support the expansion of modular AI data center infrastructure at its South Texas deployment site."

A modular AI data center is a ready-made, self-contained unit designed to house the computers and cooling systems used for large-scale artificial intelligence tasks; think of it like a set of plug-and-play building blocks or shipping containers that can be stacked and connected to grow computing capacity quickly. For investors, these centers matter because they lower upfront construction time and cost, allow fast scaling as demand for AI services changes, and can improve energy efficiency and deployment flexibility—factors that affect capital spending, revenue growth potential, and operational risk.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Order from Envirotech Vehicles, Inc. (NASDAQ: EVTV) Supports an additional ~6 MW Deployment, utilizing sovereign power and Accelerating a Scalable AI Infrastructure Rollout

NEWPORT BEACH, Calif., May 13, 2026 /PRNewswire/ -- AZIO AI Corp. ("AZIO AI" or the "Company"), a developer of next-generation artificial intelligence infrastructure and power-integrated data center solutions, today announced that it has secured a customer order from Envirotech Vehicles, Inc. (NASDAQ: EVTV) to support the expansion of modular AI data center infrastructure at its South Texas deployment site.

The order is expected to support the buildout of approximately 5 megawatts (MW) of modular, high-density compute infrastructure, representing a significant step in the staged development and utilization of the site's available power capacity. The deployment aligns with AZIO AI's broader strategy to scale compute infrastructure through modular, rapidly deployable systems integrated directly with dedicated energy sources.

Deployment remains subject to customary conditions, including manufacturing, delivery, site readiness, and commissioning.

Strategic Expansion of Power-Integrated AI Infrastructure

This order reflects continued progress in the operational buildout of AZIO AI's modular infrastructure platform and reinforces the Company's positioning within the rapidly evolving AI compute sector, where access to scalable, cost-efficient power has become a defining competitive factor.

The South Texas site is designed to support incremental expansion as additional compute capacity is deployed against an established on-site energy foundation, enabling phased scaling aligned with demand and operational readiness.

Execution Milestone with Strategic Counterparty

The order from Envirotech Vehicles, Inc. represents an important milestone in the ongoing collaboration between the companies and supports the continued development of a scalable AI infrastructure platform under real-world operating conditions.

AZIO AI and Envirotech Vehicles, Inc. have previously disclosed a strategic framework under evaluation. Any broader transaction remains subject to the negotiation and execution of definitive agreements, regulatory considerations, and customary conditions, and there can be no assurance that any such transaction will be completed.

Behind-the-Meter Power Strategy Enables Scalable Deployment

A core differentiator of the South Texas deployment is its reliance on behind-the-meter natural gas power generation. This model allows AZIO AI to deploy compute infrastructure independent of traditional grid constraints while maintaining alignment between energy supply and compute demand.

Key advantages of this approach include:

• Lower and more predictable energy costs
• Continuous 24/7 power availability
• Accelerated deployment timelines without grid interconnection delays
• Scalable infrastructure aligned directly with available power capacity

Positioned for Scalable Revenue Opportunity

Multi-megawatt infrastructure deployments represent potential revenue opportunities for AZIO AI as the Company advances the execution of its modular platform strategy. The realization and timing of any such opportunities remain dependent on deployment completion, operational performance, and broader market conditions.

Management Commentary

"Since the signing of our LOI, we have been excited to further understand and validate the meaningful synergies between our organizations, particularly at the intersection of energy infrastructure and AI compute deployment," said Chris Young, Chief Executive Officer of AZIO AI.  "Over the past several months, we have conducted infrastructure testing utilizing behind-the-meter natural gas power, which has demonstrated promising efficiency characteristics. As we deepen our collaboration, we believe these efforts are helping to inform potential next steps in our strategic relationship, subject to customary considerations."

About AZIO AI

AZIO AI is a next-generation artificial intelligence infrastructure company focused on scalable, power-efficient data center solutions and mission-critical compute deployment. The Company is developing modular infrastructure platforms designed to support high-density AI workloads in energy-constrained environments.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Forward-looking statements include, but are not limited to, statements regarding deployment timing, infrastructure capacity, potential revenue opportunities, strategic relationships, and the potential completion of any broader transaction between AZIO AI and Envirotech Vehicles, Inc. Words such as "may," "will," "should," "expect," "anticipate," "intend," "plan," "believe," "estimate," "potential," "continue," and similar expressions are intended to identify forward-looking statements. AZIO AI undertakes no obligation to update these statements except as required by law.

Media Contact

Phoenix MGMT & Consulting
Press@PhoenixMGMTConsulting.com
888-228-0122

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SOURCE Azio AI Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did AZIO AI announce on May 13, 2026 regarding Envirotech Vehicles (NASDAQ: EVTV)?

AZIO AI announced a customer order from Envirotech Vehicles to expand modular AI data center infrastructure in South Texas. According to AZIO AI, the order is expected to support about 5 MW of high-density compute capacity using power-integrated, modular systems.

How much AI compute capacity will AZIO AI deploy at the South Texas site under the EVTV order?

The order is expected to support the buildout of approximately 5 megawatts of modular, high-density compute infrastructure. According to AZIO AI, this forms part of a staged expansion strategy leveraging existing on-site energy capacity and enabling phased scaling aligned with demand and operational readiness.

What is AZIO AI's behind-the-meter natural gas power strategy at the South Texas AI data center?

AZIO AI is using behind-the-meter natural gas power generation to supply its South Texas AI deployment. According to AZIO AI, this approach aims to lower and stabilize energy costs, provide continuous 24/7 availability, accelerate deployment timelines, and closely match power supply with compute demand.

Is there a definitive strategic transaction between AZIO AI and Envirotech Vehicles (EVTV)?

There is no definitive strategic transaction in place between AZIO AI and Envirotech Vehicles. According to the companies, a broader framework remains under evaluation and would require negotiated definitive agreements and regulatory considerations, with no assurance that any such transaction will be completed.

What conditions must be met before AZIO AI completes the South Texas AI infrastructure deployment?

Completion of the South Texas deployment is subject to several customary conditions. According to AZIO AI, these include successful manufacturing, delivery, site readiness, and commissioning of the modular infrastructure before the planned multi-megawatt AI compute capacity can become fully operational.

How could the AZIO AI and Envirotech Vehicles order affect future revenue for AZIO AI?

The multi-megawatt order represents a potential revenue opportunity tied to AZIO AI's modular platform strategy. According to AZIO AI, actual revenue realization and timing will depend on deployment completion, operational performance of the infrastructure, and broader market conditions for AI compute services.