other material
confidence medium
sentiment positive
materiality 0.55
BluSky AI signs non-binding LOI to lease 5 acres in Mulhall, OK for modular data center expansion
BLUSKY AI INC.
- Signed non-binding LOI to lease ~5 acres in Mulhall, Oklahoma for modular AI data center deployment.
- Lease: $4,000/month base rent + $2,500/MW/month up to 16.3 MW, then $1,000/MW/month; 10-yr term plus two 5-yr options.
- Example: 11 MW installed would result in total monthly rent of $30,000.
- 150-day due diligence period; if module installation does not begin within 15 months, either party may cancel.
- BluSky AI responsible for all site modifications, engineering, permitting, and infrastructure upgrades.