Northwire Canada EditionWednesday, October 21, 2026
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Production / Operations

Digi Power X Provides Letter to Shareholders on 2025 Highlights and Strategic Update

DGX · Price

Executive Summary

  • Digi Power X announced the completion of design and build‑out of its ARMS 200 modular Tier‑3 AI data‑center pod, slated for deployment at its Alabama facility in Q1 2026.
  • The company expanded its power portfolio to over 400 MW of secured grid‑connected capacity across New York, Alabama and North Carolina, underpinning future AI data‑center growth.
  • Strengthened leadership with the appointment of Jagan Jeyapaul as Chief Technology Officer to oversee ARMS 200 deployment and the NeoCloudz™ GPU‑as‑a‑Service platform.

Key Details

  • ARMS 200 Deployment – Design and build completed in 2025; modular scalability starting at 1 MW, Tier‑3 architecture with dual‑path power redundancy, liquid‑cooling support for next‑gen AI GPUs; deployment expected Q1 2026 at Alabama site.
  • Power Assets Secured (2025)
  • Upstate New York: 123 MW (North Tonawanda) + 18.7 MW (Buffalo).
  • Alabama: 70 MW secured, supporting Tier‑3 AI data‑center with dual‑path power and GPU readiness.
  • North Carolina: 200 MW available for future phased AI data‑center development targeting 2028‑2029.
  • AI Compute & NeoCloudz™ – Advanced planning for B200‑class AI GPUs; ongoing advanced negotiations with customers for 2026 AI colocation and GPU‑as‑a‑Service contracts (no guarantee of execution).
  • Leadership Appointment – Jagan Jeyapaul hired as CTO (formerly Oracle) to lead ARMS 200 operational deployment, customer integration, and NeoCloudz™ technical architecture.
  • Financial Position (Year‑end 2025) – Cash & liquidity > $100 million; no long‑term debt; $13.5 million YTD capital expenditures focused on infrastructure and AI readiness.
  • 2026 Outlook – Goal to place up to 50 MW of AI‑focused IT load into service; continue expanding ARMS product family and NeoCloudz™ platform; convert advanced customer negotiations into contracted revenue.

Notable Quotes

“We have built a strong foundation this year, securing power, deploying differentiated AI infrastructure and strengthening our leadership team.” – Michel Amar, CEO & Chairman, Digi Power X Inc.

Read the original news release →

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