Brightray Science Signs LoI For Planned 10 MW AI Data Center Project In Indiana

The project site is located in Indiana, United States. Under the LOI, the Partner intends to engage Brightray to deploy a 10MW prefabricated data center solution, with implementation subject to the parties reaching final agreement on technical specifications, commercial terms, the project schedule and definitive contract documentation. Brightray intends to act as the supplier for the prefabricated data center scope agreed by the parties, providing related design, manufacturing, integration, delivery and other agreed services. The principal cooperation arrangements under the LOI are not legally binding and do not create any obligation on either party to purchase, supply or make payment. Under the LOI, the Partner intends to issue a purchase order to Brightray by November 15, 2026. The LOI will expire 12 months after it was signed unless replaced earlier by a definitive agreement. There can be no assurance that the parties will enter into a definitive contract, that the Partner will issue a purchase order or that the project will proceed as planned.Project OverviewThe project is intended to use Brightray prefabricated data center solution, with planned power capacity of 10MW. To meet the U.S. market's pressing need for speed of delivery, Brightray intends to complete the pre-installation and integration of the data hall modules and related functional systems at the manufacturing stage, so that on-site work is concentrated on module placement, interface connections and integrated commissioning. The single-storey layout will be designed around the equipment configuration, operation and maintenance access and site conditions, providing space and facility support for the deployment of high-density AI equipment.The project is intended to be compatible with the NVIDIA GB300 computing platform, with power distribution, cooling and data hall layout planned around the requirements of high-density AI equipment deployment. The project is planned to be designed on the basis of Tier III standards, with a target design annual power usage effectiveness ("PUE") of below 1.2, aiming to balance high-density computing capacity, operational reliability and energy efficiency.By carrying out factory prefabrication in parallel with on-site foundation and ancillary works, Brightray plans to shorten the project delivery period to within one year. The one-year target covers the overall project schedule in the United States, including design finalization, permitting, international shipping, on-site foundation and ancillary works, installation and commissioning, and not only the delivery of the prefabricated modules. The starting point of the delivery period and the implementation schedule will be specified in the subsequent definitive contract. The final design, technical specifications and delivery arrangements of the project remain subject to factors including the parties' final agreement, site and power conditions, required approvals and equipment supply.The LOI gives Brightray the opportunity to carry out its first project in the U.S. market. For Brightray, its significance lies not only in a new 10MW project opportunity, but also in bringing the prefabricated delivery model to the world's largest data center market and building local project execution and partnership experience. If the technical solution, commercial arrangements and definitive contract are finalized, the project is expected to serve as a reference for Brightray's future business expansion in the United States.