Elektros Inc - ELEK STOCK NEWS

Elektros (OTC PINK:ELEK) has initiated a review of advanced GPU technology for developing compact, private AI data centers. The company partnered with Next Realm AI as lead project manager to evaluate state-of-the-art hardware solutions, including the AMD Instinct™ MI300X and Dual EPYC Genoa 8x NVIDIA H200 GPU Server.

The initiative focuses on deploying cutting-edge GPU equipment for small-scale, high-performance AI centers with customized AI services for specific domain applications. Elektros plans to leverage its lithium supply chain expertise to address the growing power demands through battery energy storage systems (BESS).

This strategic move aligns with the recent STARGATE initiative, though Elektros aims for smaller, more focused, and cost-effective AI infrastructure solutions compared to the larger national project.

Elektros (OTC PINK:ELEK) has announced plans to develop Battery Energy Storage System (BESS) technology for AI data centers, amid significant growth in AI infrastructure spending. The announcement aligns with recent government initiatives, including a $500 billion joint venture for AI infrastructure involving OpenAI, Oracle, and SoftBank.

The company's AI-Driven BESS will feature advanced optimization systems, predictive charging capabilities, and high-capacity backup with energy density of 200-300 Wh/kg and 300-500 charge cycles. Elektros plans to leverage its Sierra Leone lithium mining operations and partnership with Next Realm AI to develop these solutions.

According to Gartner forecasts, spending on AI-optimized servers is expected to reach $202 billion in 2025, with hyperscale operators accounting for over 70% of this expenditure.

Elektros (OTC PINK:ELEK) has announced plans to expand into AI infrastructure through specialized private data centers. The company is partnering with Next Realm AI, a NVIDIA Developer Program member, to develop facilities focused on Small Language Models (SLMs) and AI Agents for specific industries.

The initiative aims to capitalize on the growing market for vector databases and AI Agent development platforms. The company plans to leverage its lithium energy expertise for creating sustainable AI data centers and is exploring opportunities in Large Action Models (LAMs). Additionally, Elektros is evaluating federal grant opportunities and contracts, developing proposals for 2025 that align with government AI initiatives.

Elektros (OTC PINK:ELEK) has outlined its total addressable market (TAM) of $14.3B by 2025 across key off-grid energy storage segments. The company detailed five main market segments:

1. Emergency Response Infrastructure ($1.8B, 35% CAGR)
2. Telecommunications Infrastructure ($3.2B, 30% CAGR)
3. Data Centers & AI Infrastructure ($5.6B, 40% CAGR)
4. Florida Nursing Home Backup Systems ($900M, 22% CAGR)
5. Remote Residential Solar Systems ($2.8B, 20-25% growth)

The combined annual lithium demand across these segments is projected at 75,500 metric tons LCE, representing approximately 10% of global lithium production. The company plans to pursue CAGE Code certification in early 2025 to bid on federal contracts supporting U.S. grid modernization initiatives.

Elektros (OTC PINK:ELEK) has announced a strategic initiative to advance grid-scale battery storage through AI technology and lithium supply management. The company plans to develop AI algorithms with Next Realm AI to optimize battery charging and discharging processes while leveraging its lithium mining capabilities.

The initiative aims to address the current U.S. battery energy storage capacity of 20.7 gigawatts as of July 2024. The company's strategy focuses on Florida's energy infrastructure needs, utilizing AI to analyze weather patterns, consumption data, and market prices to enhance grid reliability and reduce operational costs.

Elektros aims to establish itself as a vertically integrated solution provider by combining AI-driven battery management with its lithium mining operations to ensure a secure domestic supply chain for battery materials.

Elektros (OTC PINK:ELEK) has announced plans to utilize lithium from its Sierra Leone mine to develop advanced backup energy storage systems for the South Florida market. The company will explore joint ventures for manufacturing high-capacity battery systems targeting critical infrastructure, including data centers, emergency services, and residential applications.

Key market insights include UPS systems dominating 52% of the market in 2023, and projections for the data center battery market to reach $3.5 billion by 2033. The company expects to receive its first shipments of raw lithium aggregate from Africa to US by early Q1 2025.

Additionally, Elektros plans to host investor networking events across South Florida, focusing on AI infrastructure, renewable energy solutions, and smart city technologies.

Elektros (OTC PINK:ELEK) has announced plans to acquire real estate assets in South Florida for developing AI data centers. The initiative aims to integrate the company's existing lithium operations with digital infrastructure and backup power solutions. The development strategy, led by Next Realm AI, will focus on establishing facilities for data center operations, lithium battery manufacturing, smart city IoT infrastructure, and emergency power management systems. The company plans to position its operations near key fiber optic networks to enhance regional digital resilience. Elektros will also host investor networking events featuring industry leaders and local officials to showcase investment opportunities in the region's AI and sustainable energy infrastructure.

Elektros (OTC PINK:ELEK) has announced plans to acquire real estate assets in South Florida to establish AI data centers and digital infrastructure solutions. The strategy aims to leverage the company's lithium operations for backup power systems while supporting multiple revenue streams including data center operations, lithium battery manufacturing, and smart city IoT infrastructure. Next Realm AI is leading the development strategy to address growing demands for uninterrupted data processing. The company also plans to host investor networking events showcasing South Florida's transformation into an AI and smart city technology hub.

Elektros (OTC PINK:ELEK) has launched initial shipments of raw lithium aggregate from its Sierra Leone mining site. This marks a significant milestone in the company's strategic supply chain for lithium. The unprocessed lithium is being transported from Southern Sierra Leone to Bo, and then shipped to the United States for further processing.

CEO Shlomo Bleier emphasized the importance of this step in establishing a reliable lithium supply chain to meet the surging global demand. Elektros is also expanding site preparation at its Southern Sierra Leone Lithium mine to increase production capacity in the coming months. The company has implemented robust logistics and transportation systems and has filed for all necessary licenses and permits, demonstrating its commitment to regulatory compliance and responsible mining practices.