Jul 09, 2025 | Posted by Abdul-Rahman Oladimeji
New data center firm BluSky AI Inc. this week announced the acquisition of the land lease and secured a total of 9.3MW of power to support its debut data center project in Utah.
Under the agreement, DAM has assigned BluSky AI its exclusive right to utilize 9.3MW of solar and grid-interconnected power at a “highly competitive” rate. BluSky AI has issued 20 million shares of restricted common stock to DAM as part of the deal.
“This is a foundational moment for BluSky AI,” said Trent D'Ambrosio, CEO of BluSky AI Inc. “Securing long-term, low-cost power and a strategic land position in Central Utah gives us the runway to scale our AI infrastructure with sustainability and precision. It’s the first step in a bold vision to provide access to compute and power the future of intelligent systems.”
