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Tachyon9 Secures Offtake Agreement Supporting $156 Million Annual Revenue Platform and Up to 1 GW of Grid-Independent AI Infrastructure Powered by Abundant North Dakota Natural Gas
June 22, 2026 8:03 AM
Business Wire
Agreement Advances Strategic Partnership Announced Earlier Today and Establishes Long-Term Revenue Framework for Planned AI Infrastructure Platform
Tachyon9 Corporation and Nixxy Inc. (NASDAQ: NIXX) today announced the execution of an offtake agreement with Nidar Infrastructure Limited, the parent company and majority shareholder of Yotta Data Services, further advancing the strategic partnership announced earlier this week and reinforcing the commercial foundation of the planned Nakota AI Data Campus in North Dakota. Powered by abundant North Dakota natural gas resources, the Nakota Data Campus is designed to deliver up to 1 GW of independent, behind-the-meter power, addressing the single largest constraint facing AI infrastructure development today.
The offtake agreement reflects the commercial terms contemplated under the parties' previously announced Memorandum of Understanding and represents a significant milestone toward the development of what is expected to become one of North America's largest purpose-built AI infrastructure campuses. The agreement provides for approximately $156 million in annual recurring revenue from the initial 100 MW phase and grants Nidar/Yotta a right of first offer on the remaining campus capacity, supporting a pathway to nearly 1 GW of development and up to $1.5 billion in annual revenue potential at full buildout.
Management believes the agreement does more than secure a customer, it establishes the economic foundation for a large-scale AI infrastructure platform capable of serving the rapidly growing global demand for AI compute capacity.
"This agreement is a powerful validation of both the Nakota project and our partnership with Nidar and Yotta," said Shahal Khan, Chairman and Chief Executive Officer of Tachyon9. "By aligning long-term infrastructure development with long-term customer demand, we are creating a framework that provides revenue visibility, supports project financing, and significantly de-risks the path toward developing a world-class AI infrastructure platform."
The agreement reinforces several key strategic objectives:
As artificial intelligence drives unprecedented demand for data center capacity, access to reliable and scalable power has become the primary constraint on new AI infrastructure development worldwide.
The Nakota Data Campus has been strategically designed to address this challenge through dedicated, behind-the-meter power generation fueled by the abundant natural gas resources of the Williston Basin. Unlike many data center projects that rely on constrained utility grids and multi-year interconnection queues, Nakota is designed to generate its own power on-site, providing a scalable and independent energy platform capable of supporting large-scale AI workloads.
North Dakota is home to some of North America's most significant natural gas reserves, providing access to abundant, reliable, and cost-effective fuel supplies. Management believes this energy advantage represents one of the project's most valuable strategic assets and a key differentiator in an environment where power availability increasingly determines where AI infrastructure can be built.
"We believe the future winners in AI infrastructure will be those who control power," added Khan. "The Nakota platform is being built around energy first. With access to abundant natural gas resources and dedicated behind-the-meter generation, we are creating an infrastructure platform that is not dependent on grid availability and is designed to scale alongside the explosive growth in AI demand."
The Nakota AI Data Campus is planned as a next-generation AI and high-performance computing campus encompassing approximately 620 acres in Williams County, North Dakota, with a targeted buildout of up to 1 GW of capacity.
The campus is being designed to support current and future generations of AI infrastructure and will feature:
The Company believes the combination of dedicated power generation, scalable AI infrastructure, and a committed strategic customer positions Nakota as a compelling platform for long-term value creation.
"This agreement further demonstrates the strength of our relationship with Nidar and Yotta and provides a clear commercial framework for the future development of the Nakota campus," added Khan. "Our objective is to build an asset-backed AI infrastructure company capable of participating in every layer of the AI value chain, from power and data centers to GPU compute and cloud services."
Additional details regarding project development, financing initiatives, and future milestones will be announced as they become available.
About Nidar Infrastructure Limited & Yotta Data Services
Nidar Infrastructure Limited serves as the parent and credit-support entity for the transaction, backed by the Hiranandani Group — one of India’s most prominent real estate and infrastructure conglomerates, with decades of large-scale development experience across Mumbai, Bengaluru, Chennai, Hyderabad, and international markets.
Nidar is the majority shareholder of Yotta Data Services (India), India’s leading hyperscale data center and sovereign AI cloud platform. Under the leadership of its co-founders, Chairman, Darshan Hiranandani and CEO, Sunil Gupta — Yotta has rapidly emerged as Asia’s pre-eminent AI infrastructure operator.
Yotta’s credentials include:
About Tachyon9
Tachyon9 is a private operating company specializing in energy infrastructure, transmission equipment, and data center assets. The company serves as the primary asset and revenue contributor in the NIXX transaction, contributing approximately $64 million in equipment, land option rights for the Nakota project, and a signed LOI for the entire 1 GW development.
About Nixxy, Inc.
Nixxy, Inc. (NASDAQ: NIXX) is an AI communications and data infrastructure company focused on next-generation digital infrastructure platforms positioned at the intersection of artificial intelligence, high-performance compute, energy, and data center infrastructure. Through its evolving strategic platform, the Company is pursuing large-scale opportunities supporting the rapidly growing global demand for AI compute capacity, sovereign AI initiatives, and next-generation energy-backed digital infrastructure.
Nixxy’s strategy includes the development and acquisition of AI data center assets, power infrastructure, communications technologies, and scalable digital infrastructure platforms designed to support the future of enterprise and hyperscale artificial intelligence deployment.
For more information, visit www.nixxy.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20260618848981/en/
Tachyon9 contact:
John Arundel
Managing Director
Perdicus Global Communications
Washington, DC
ir@nixxy.com
Tachyon9 Announces Strategic Partnership with Yotta Data Services Parent Nidar Infrastructure to Anchor Nakota AI Data Campus
June 15, 2026 7:10 AM
Business Wire
Partnership Supports Proposed Combination with Nixxy (NASDAQ: NIXX) and Establishes Foundation for a Public AI Infrastructure Platform Targeting Up to 1 GW of Capacity
Tachyon9 Corporation today announced it has entered into a strategic binding Memorandum of Understanding ("MOU") with Nidar Infrastructure Limited, the parent company and majority shareholder of Yotta Data Services, one of the world's leading AI infrastructure and hyperscale data center operators. The 15-year commitment is expected to contribute approximately $2.34 billion in revenue associated with the initial 100 MW deployment, representing the first phase of the planned Nakota AI Data Campus, which is designed to support up to 1 GW of total capacity upon full development.
Under the proposed framework, Nidar and Yotta are expected to become foundational strategic partners in the Nakota project, bringing commercial demand, operational expertise, and access to one of the world's most advanced AI infrastructure ecosystems. Management believes the combination of Nakota's large-scale power infrastructure, Tachyon9's development platform, Nixxy's public market presence, and Yotta's hyperscale AI capabilities creates a unique opportunity to build a next-generation AI infrastructure company positioned to serve the rapidly expanding global demand for artificial intelligence computing. Yotta Data Services, India's largest operator of Nvidia GPU compute infrastructure, is pursuing a pre-IPO financing and targeting a public listing at a valuation of approximately $4–6 billion, with plans to raise $600–900 million in growth capital, highlighting the strong investor demand for AI infrastructure assets worldwide.
Strategic Validation from a Global AI Infrastructure Leader
The partnership provides meaningful third-party validation of the Nakota project from an organization that has emerged as one of the world's leading AI infrastructure operators. Under the MOU, Nidar's U.S. affiliate is expected to become the anchor customer for the first 100 megawatts (MW) of capacity at Nakota while participating as an economic partner in the project. At full utilization of the initial phase, the arrangement contemplates approximately US$156 million in annual contracted infrastructure revenue, creating a substantial foundation of recurring cash flow while establishing a pathway toward future expansion, contributing $2.34B in revenue per 100MW capacity utilized.
The agreement further outlines a framework for the deployment of large-scale GPU compute infrastructure that could ultimately be integrated into the broader platform, creating a vertically integrated AI infrastructure business encompassing power, data centers, AI cloud services, and compute resources. Management believes this structure has the potential to create a multi-billion-dollar AI infrastructure platform positioned at the center of one of the largest infrastructure buildouts in modern history.
Building a Public Company for the AI Infrastructure Era
The proposed combination of Tachyon9 and Nixxy is intended to create a public company purpose-built for the AI economy. Unlike traditional data center operators that focus solely on real estate and colocation services, the combined platform is being designed to participate across multiple layers of the AI value chain, including:
The addition of Nidar and Yotta materially strengthens this vision by bringing proven hyperscale operating expertise, AI cloud orchestration capabilities, and relationships across the global AI ecosystem.
"This agreement is much more than a customer relationship," said Shahal Khan, Chairman and Chief Executive Officer of Tachyon9.
"It represents strategic validation from one of the world's leading AI infrastructure operators and serves as another important building block in the creation of a publicly traded AI infrastructure company. By bringing together the public market platform of Nixxy, the development capabilities of Tachyon9, and the proven hyperscale expertise of Yotta and Nidar, we are building a platform designed to deliver power, data center capacity, and AI compute at a scale capable of meeting the growing demands of the global AI economy."
Darshan Hiranandani, Chairman of Nidar Infrastructure Limited and Co-Founder of Yotta Data Services, added:
“Yotta has spent years building the infrastructure, the partnerships, and the operational expertise to make sovereign AI compute a reality, first in India, and now on a global stage. Our partnership with NVIDIA is not a vendor relationship; it is a co-development of the AI infrastructure stack, from Blackwell Ultra silicon to DGX Cloud orchestration to the Shakti Cloud platform that enterprises and governments rely on. The Nakota Data Campus brings this proven model to the United States at exactly the moment when America’s AI industry needs it most. We are bringing world-class hyperscale operational capability, a demonstrated NVIDIA technology partnership, and a track record of delivering at scale to this platform and we are committed to making Nakota a landmark in global AI infrastructure.”
A Platform Designed for Long-Term Shareholder Value
Management believes the proposed Tachyon9-Nixxy combination, together with the strategic partnership announced today, represents a significant step toward building a publicly traded AI infrastructure platform capable of participating across the entire AI value chain, from power generation and data center development to GPU compute and AI cloud services.
As development milestones are achieved, the Company intends to continue expanding the Nakota platform through additional power capacity, infrastructure investment, customer commitments, and strategic technology partnerships.
The Company believes these initiatives position the combined organization to participate in one of the largest infrastructure opportunities of the next decade while creating substantial long-term value for shareholders.
About Nidar Infrastructure Limited & Yotta Data Services
Nidar Infrastructure Limited serves as the parent and credit-support entity for the transaction, backed by the Hiranandani Group — one of India’s most prominent real estate and infrastructure conglomerates, with decades of large-scale development experience across Mumbai, Bengaluru, Chennai, Hyderabad, and international markets.
Nidar is the majority shareholder of Yotta Data Services (India), India’s leading hyperscale data center and sovereign AI cloud platform. Under the leadership of its co-founders, Chairman, Darshan Hiranandani and CEO, Sunil Gupta — Yotta has rapidly emerged as Asia’s pre-eminent AI infrastructure operator.
Yotta’s credentials include:
About Tachyon9
Tachyon9 is a private operating company specializing in energy infrastructure, transmission equipment, and data center assets. The company serves as the primary asset and revenue contributor in the NIXX rollup transaction, contributing approximately $64 million in equipment, land option rights for the Nakota project, and a signed LOI for the entire 1 GW development.
About Nixxy, Inc.
Nixxy, Inc. (NASDAQ: NIXX) is an AI communications and data infrastructure company focused on next-generation digital infrastructure platforms positioned at the intersection of artificial intelligence, high-performance compute, energy, and data center infrastructure. Through its evolving strategic platform, the Company is pursuing large-scale opportunities supporting the rapidly growing global demand for AI compute capacity, sovereign AI initiatives, and next-generation energy-backed digital infrastructure.
Nixxy’s strategy includes the development and acquisition of AI data center assets, power infrastructure, communications technologies, and scalable digital infrastructure platforms designed to support the future of enterprise and hyperscale artificial intelligence deployment.
For more information, visit www.nixxy.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20260615637952/en/
Investor Relations Tachyon9 Inc. ir@tachyon9.com
Tachyon9 contact:
John Arundel
Managing Director
Perdicus Global Communications
Washington, DC
ir@nixxy.com
In .555 target pps is $30.00,big potential here,greed is run Fuel
Is it possible they are using the Quarterly payments from the 10% equity stake in JobMobz they gained by selling the Recruiter.com domain? Just a guess but it may be why the spinout of the CognoGroup assets to AESO has stalled.If you haven't looked at JobMobz now Recruiter.com ventures, the owner Jesse Tinsley claims the company is bootstrapped to a value of $700M. See the about section.
https://www.linkedin.com/in/jessetinsley?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app
If they are receiving quarterly payouts as the deal suggested, they may likely be using this to execute the NIXX buyback.
I mean from the light price appreciation volume yesterday in mid day... yesterday to me looked like it might have been a buy back day.
From 10-11am to 2pm price slowly appreciated.
$NIXX supposedly we are in the buyback period they PR'd about. I imagine theyll go slow to buy back shares at lowest price possible.
— DawgTrading (@DawgTrading) April 23, 2025
Yesterday price action... slow accumulated rise from 10am - 2pm. Could it be the company now collecting shares?
1H pic.twitter.com/tXjustJdcZ
$NIXX Update $2.32
$NIXX boomage volume alert PRE MARKET!
Breaking out!!
Maverick
$NIXX will it break higher?
Slow and steady rise right to 12 bucks share.
Blue sky breakout Will hit nixx.
Beautiful stair stepping!!! Going to EXPLODE! Tiny volume, LOCKED FLOAT, shorts in trouble
$NIXX going to double digits!!
Respectfully,
Maverick
$NIXX
Nixx !!!!!!!!!$$$$$$$
Pile in. 2 dollar break and run coming.
Exactly! This is going to ERUPT like a VOLCANO in PPS! A/D line very impressive, some major accumulation and inflow of money 💰!
$NIXX micro float, $10 million share buyback!!
Looking for double digits here!
I’ve got nothing but time and patience!
Deal of lifetime in my humble opinion with current share price!!
Here’s to DOUBLING SHAREPRICE by end of week in my opinion!!
Respectfully,
Maverick
$NIXX LONG!!
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