(Total Views: 49)
Posted On: 11/05/2025 8:36:25 AM
Post# of 39850
$BSAI BluSky AI Inc. (OTCID: BSAI) Signs Letter of Intent to Lease Strategic Site in Mulhall, Oklahoma for Modular AI Infrastructure Expansion
https://www.globenewswire.com/news-release/20...nsion.html
Salt Lake City, Nov. 04, 2025 (GLOBE NEWSWIRE) -- BluSky AI Inc. (OTCID: BSAI), a leading developer of prefabricated modular AI infrastructure and GPU-as-a-Service platforms, is pleased to announce the execution of a non-binding Letter of Intent (LOI) for the lease of approximately five acres of land located in Mulhall, Oklahoma.
This strategic site is positioned to support BluSky AI’s next phase of modular data center deployment, enabling scalable AI compute capacity in energy-rich regions. The LOI outlines the preliminary terms for a long-term lease agreement, including:
Site Details: Approximately 5 acres to be sited with defined west and south boundaries, inclusive of all necessary rights-of-way and utility easements. Final boundaries to be confirmed via survey.
Lease Structure: Initial base rent of $4,000/month, escalating with installed power capacity. Upon module activation, BluSky AI will pay $2,500 per MW/month for up to 16.3 MW, and $1,000 per MW/month for any additional capacity secured by the lessor.
Example Scenario: For 11 MW installed and used, total monthly rent would be $30,000, inclusive of base and power-linked rent.
Term & Conditions: 10-year lease with two optional 5-year extensions. A 150-day inspection period is granted for due diligence. If module installation does not commence within 15 months of lease execution, either party may cancel without further obligation.
Site Improvements: BluSky AI will be responsible for all necessary modifications, engineering, permitting, and infrastructure upgrades to support its modular deployment.
Trent D’Ambrosio, CEO of BluSky AI Inc., commented,"This LOI marks another milestone in our mission to democratize access to AI compute. Mulhall, Oklahoma offers the right mix of energy availability, community partnership, and strategic location to support our modular infrastructure vision. We’re grateful to Don and Patsy Diehl for their collaboration and look forward to finalizing the lease agreement."
The proposed site aligns with BluSky AI’s broader strategy to expand across energy-rich corridors in the western United States, supporting high-density compute modules with auditable, agentic orchestration.
BluSky AI addresses the universal need for compute power—positioning itself as a foundational layer in the AI revolution. Its infrastructure-first approach enables clients to focus on innovation while the company delivers the critical backbone, powering tomorrow’s breakthroughs.
https://www.globenewswire.com/news-release/20...nsion.html
Salt Lake City, Nov. 04, 2025 (GLOBE NEWSWIRE) -- BluSky AI Inc. (OTCID: BSAI), a leading developer of prefabricated modular AI infrastructure and GPU-as-a-Service platforms, is pleased to announce the execution of a non-binding Letter of Intent (LOI) for the lease of approximately five acres of land located in Mulhall, Oklahoma.
This strategic site is positioned to support BluSky AI’s next phase of modular data center deployment, enabling scalable AI compute capacity in energy-rich regions. The LOI outlines the preliminary terms for a long-term lease agreement, including:
Site Details: Approximately 5 acres to be sited with defined west and south boundaries, inclusive of all necessary rights-of-way and utility easements. Final boundaries to be confirmed via survey.
Lease Structure: Initial base rent of $4,000/month, escalating with installed power capacity. Upon module activation, BluSky AI will pay $2,500 per MW/month for up to 16.3 MW, and $1,000 per MW/month for any additional capacity secured by the lessor.
Example Scenario: For 11 MW installed and used, total monthly rent would be $30,000, inclusive of base and power-linked rent.
Term & Conditions: 10-year lease with two optional 5-year extensions. A 150-day inspection period is granted for due diligence. If module installation does not commence within 15 months of lease execution, either party may cancel without further obligation.
Site Improvements: BluSky AI will be responsible for all necessary modifications, engineering, permitting, and infrastructure upgrades to support its modular deployment.
Trent D’Ambrosio, CEO of BluSky AI Inc., commented,"This LOI marks another milestone in our mission to democratize access to AI compute. Mulhall, Oklahoma offers the right mix of energy availability, community partnership, and strategic location to support our modular infrastructure vision. We’re grateful to Don and Patsy Diehl for their collaboration and look forward to finalizing the lease agreement."
The proposed site aligns with BluSky AI’s broader strategy to expand across energy-rich corridors in the western United States, supporting high-density compute modules with auditable, agentic orchestration.
BluSky AI addresses the universal need for compute power—positioning itself as a foundational layer in the AI revolution. Its infrastructure-first approach enables clients to focus on innovation while the company delivers the critical backbone, powering tomorrow’s breakthroughs.
(0)
(0)
