DarkHorse Technologies Inc.

DarkHorse Technologies Inc. announced strategic relationships with Empirix Partners, Covectis, Perpetual Grid and Barge Design Solutions to support the conversion and development of its power and data center assets in the Tennessee Valley Authority region for artificial intelligence and high-performance computing use. The partners will cover project management, equipment procurement planning, go-to-market strategy, utility coordination and architectural and engineering design for the company's Tennessee and Kentucky assets, with initial scope already underway to define improvements, costs and schedules for individual sites. Empirix leads owner's representation, program management and procurement planning, Covectis handles market positioning and economic modeling, and Perpetual Grid supports power planning and utility coordination, while Barge, an employee-owned architecture and engineering firm founded in 1955 with more than 650 professionals and more than 7.5 gigawatts of data center master-planning experience, provides architectural and engineering design under a master professional services agreement. The announcement follows DarkHorse's September 8, 2026 strategic review, which identified the TVA region as the focus of its AI and high-performance computing development, and the company's approach centers on smaller, distribution-connected sites and work with host communities and their utilities. DarkHorse, formerly Sphere 3D Corp., owns and/or operates approximately 50 MW of operating power capacity across four data center locations in Tennessee and Kentucky, has a proposed new 50 MW data center under development in Kentucky, and holds a development pipeline of approximately 100 MW of additional potential expansion opportunities.