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Home Artificial Intelligence

iPower Signs Non-Binding LOI for Proposed $6 Million GPU Deployment

July 23, 2026
in Artificial Intelligence, GlobeNewswire, Web3
Reading Time: 6 mins read
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RANCHO CUCAMONGA, Calif., July 23, 2026 (GLOBE NEWSWIRE) — iPowe I c. (Nasdaq: IPW) (“iPowe ” o the “Compa y”) today a ou ced that it has sig ed a o -bi di g lette of i te t with a p ospective custome fo the p oposed lease of dedicated high-pe fo ma ce GPU compute systems. The p oposed i itial deployme t would i volve GPU systems with a expected acquisitio value of app oximately $6 millio a d a a ticipated lease te m of app oximately 36 mo ths followi g i stallatio a d accepta ce, with the pote tial to expa d to app oximately $60 millio i agg egate co templated co t act value, i cludi g the i itial phase, followi g a successful i itial deployme t.

U de the p oposed st uctu e, iPowe o its desig ated subsidia y would acqui e the GPU systems, etai ow e ship of the equipme t a d lease the systems to the p ospective custome fo exclusive use at a mutually ag eed data ce te . The model is desig ed to p ovide custome s with access to dedicated AI computi g i f ast uctu e while allowi g iPowe to seek lease eve ue f om Compa y-ow ed ha dwa e assets.

“This sig ed LOI moves ou AI ha dwa e leasi g st ategy f om p elimi a y custome i te est to a specific pote tial t a sactio ,” said Law e ce Ta , Chief Executive Office of iPowe . “The co templated $6 millio i itial deployme t will p ovide a mea i gful sta ti g poi t, while the pote tial expa sio demo st ates the scale this model may offe followi g successful executio .”

M . Ta co ti ued, “Ou p oposed busi ess model is st aightfo wa d: acqui e high-pe fo ma ce GPU systems, etai ow e ship a d lease the equipme t to custome s that equi es dedicated computi g capacity. We a e ow focused o equipme t sou ci g, fi a ci g, data ce te deployme t a d egotiati g defi itive comme cial te ms.”

The LOI follows iPowe ’s ece tly a ou ced fo matio of a dedicated AI subsidia y focused o AI ha dwa e leasi g a d pote tial compute esou ce dist ibutio oppo tu ities.

Fi al equipme t specificatio s, lease payme ts, payme t schedule, c edit suppo t, deployme t a a geme ts, ope ati g expe ses a d othe comme cial te ms emai subject to egotiatio . The LOI is o -bi di g i its e ti ety, a d eithe pa ty is obligated to p oceed u less defi itive ag eeme ts a e egotiated a d executed. The e ca be o assu a ce that the i itial t a sactio o a y co templated expa sio will be completed o ge e ate eve ue o p ofit.

About iPowe I c.

iPowe I c. (Nasdaq: IPW) is a tech ology- a d data-d ive compa y executi g a focused st ategy at the i te sectio of AI i f ast uctu e a d eal-wo ld comme ce. Buildi g o its established e-comme ce ope atio s, tech ology platfo m a d capital ma kets expe ie ce, the Compa y is expa di g i to AI i f ast uctu e i vestme ts a d elated fi a ci g ecosystems.

Th ough ta geted i vestme ts i digital assets, i f ast uctu e fi a ci g p otocols a d othe AI- elated oppo tu ities, iPowe seeks to pa ticipate i the g owth of the compute, data ce te a d i f ast uctu e laye s that suppo t a tificial i tellige ce. Leve agi g its ope ati g expe ie ce, ecosystem elatio ships a d capital ma kets access, iPowe is buildi g a scalable busi ess desig ed to ge e ate du able lo g-te m value fo stockholde s.

Fo mo e i fo matio , please visit www.meetipowe .com.

Fo wa d-Looki g Stateme ts

All stateme ts othe tha stateme ts of histo ical fact i this p ess elease a e “fo wa d-looki g stateme ts” as defi ed i the P ivate Secu ities Litigatio Refo m Act of 1995.

Fo wa d-looki g stateme ts i clude, but a e ot limited to, stateme ts ega di g the o -bi di g lette of i te t, the p oposed acquisitio o fi a ci g of GPU systems, the p oposed i itial deployme t, a ticipated lease te m, pote tial expa sio , co templated co t act value, equipme t sou ci g, fi a ci g, data ce te deployme t, defi itive ag eeme ts, pote tial lease eve ue, custome dema d a d the Compa y’s AI i f ast uctu e st ategy. These stateme ts i volve k ow a d u k ow isks a d u ce tai ties a d a e based o cu e t expectatio s a d p ojectio s.

Actual esults may diffe mate ially f om those set fo th he ei . The LOI is o -bi di g, mate ial comme cial te ms have ot bee fi alized, a d the e ca be o assu a ce that defi itive ag eeme ts will be executed o that the p oposed i itial t a sactio o a y expa sio will be completed. iPowe u de takes o obligatio to update fo wa d-looki g stateme ts except as equi ed by law. I vesto s a e e cou aged to eview iPowe ’s fili gs with the Secu ities a d Excha ge Commissio , i cludi g its A ual Repo t o Fo m 10-K, Qua te ly Repo ts o Fo m 10-Q a d Cu e t Repo ts o Fo m 8-K.

I vesto Relatio s Co tact

IPW.IR@meetipowe .com

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