Northwire Canada EditionTuesday, August 25, 2026
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HYDAWAY DIGITAL UPGRADES GPU PLATFORM TO SUPPORT MULTI-COMPANY DEPLOYMENTS, LAUNCHES SAAS BUSINESS

HIDE · Price

Executive Summary

  • Hydaway Digital upgrades its GPU compute platform to a multi‑tenant, subscription‑based SaaS model, enabling simultaneous enterprise clients.
  • The company announces that its shares have begun trading on the OTCQB Venture Market under the symbol HIDDF (while continuing on TSX Venture and Frankfurt exchanges).
  • Integration of the recently acquired AI detection platform RealityChek supports the new offering and positions Hydaway for broader market reach across multiple verticals.

Key Details

  • Platform upgrade moves from a single‑client pilot to a scalable, multi‑company SaaS architecture with tiered access (Starter, Growth, Enterprise).
  • Clients receive bare‑metal NVIDIA RTX‑class GPU instances (8 GB–32 GB+ VRAM) via instant provisioning, real‑time telemetry, and API‑first deployment.
  • Subscription model expected to improve GPU utilization, unit economics, and generate recurring revenue.
  • RealityChek acquisition (Feb 2026) integrated into the platform, enabling high‑demand AI workloads such as multi‑modal media analysis and blockchain‑anchored content verification.
  • CEO Karl Kottmeier highlights the SaaS shift as a catalyst for making affordable GPU compute accessible to a wider Canadian tech ecosystem.
  • CTO Chris Vassos notes successful pilot validation and the move toward broader enterprise adoption.
  • Shares now trade on OTCQB under HIDDF; existing listings remain on TSX Venture (HIDE) and Frankfurt Stock Exchange (C88).
  • Application pending with DTCC to facilitate U.S. electronic clearing and settlement of Hydaway shares.

Notable Quotes

  • “The demand for affordable, reliable GPU compute is only accelerating… By moving to a SaaS model, we're not just scaling our own business, we're making high‑performance AI infrastructure accessible to a much wider range of companies.” – Karl Kottmeier, CEO
  • “This platform upgrade marks a fundamental shift in how we go to market… the SaaS transition provides for recurring revenue, broader reach, and a foundation that can scale to meet the rapidly growing demand for accessible GPU compute.” – Chris Vassos, CTO
Read the original news release →

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