AZIO AI Holdings, Inc. (NASDAQ: AZIO) has secured its first hosting contract at its Atlas One compute infrastructure campus in South Texas, signing a power purchase and hosting agreement with Power Champion Investment Limited. The deal establishes an initial contracted capacity of 10 megawatts (MW), with expansion rights up to 50 MW, subject to infrastructure improvements and other conditions. At the initial capacity, AZIO expects approximately $1.5 million in monthly capacity reservation charges, totaling $90 million over the five-year initial term. Full expansion to 50 MW could generate approximately $450 million in capacity reservation charges over the same period. The agreement marks a significant milestone for the company, which is developing behind-the-meter, power-backed campuses in Texas to support power-intensive compute workloads.
Under the agreement, AZIO AI will provide power, leased facility space, interconnectivity, and hosting services for artificial intelligence (AI) computing equipment. The Atlas One campus spans 548 acres and is designed for up to 500 MW of planned power capacity. Approximately 11 MW has been secured to date, including 6 MW currently activated. However, no capacity has yet been energized under the new agreement, and expansion beyond the initial 10 MW has not been exercised. Service commencement remains subject to infrastructure development, required U.S. export control approvals, and other contractual conditions. Investors can view the full press release at https://ibn.fm/sWaPh.
AZIO AI Holdings, formerly Envirotech Vehicles, Inc. (Nasdaq: EVTV), is a technology infrastructure company focused on developing, owning, and operating AI data centers, enterprise GPU compute infrastructure, digital power solutions, and other high-compute operations. The company’s latest news and updates are available in its newsroom at https://ibn.fm/AZIO.
The agreement underscores the growing demand for specialized infrastructure to support AI workloads, which require massive amounts of power and computing capacity. For AZIO, the contract provides a foundation for revenue generation at Atlas One and demonstrates the commercial viability of its campus model. If fully expanded, the deal could represent a substantial revenue stream, though it remains contingent on infrastructure build-out and regulatory approvals. The news is also a signal to the broader market that AI infrastructure is becoming a critical asset class, attracting significant investment and long-term commitments.
For readers and industry observers, this development highlights the intersection of energy and technology, where power availability is becoming a key competitive advantage. The deal’s potential value—up to $450 million—illustrates the scale of investment flowing into AI compute capacity. However, the conditional nature of the agreement, including export control approvals, means that timelines and outcomes are not guaranteed. Stakeholders will be watching closely to see whether AZIO can execute on its expansion plans and capitalize on the momentum in AI infrastructure.
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