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Spectral Capital and Energy Tech Announce Strategic Partnership to Deploy Advanced Sodium-Ion Energy Storage & Hydrogen-on-Demand Technologies

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Spectral Will Use Energy Tech’s Technologies to Power Its Decentralized Cloud with Scalable, AI-Optimized Energy Solutions and Energy Arbitrage Technology

SEATTLE, Feb. 10, 2025 /PRNewswire/ — Spectral Capital (OTCQB: FCCN), a Deep Quantum Technology Platform Company, today is pleased to announce a strategic partnership with Energy Tech LLC and Essence Global LLC to deploy advanced sodium-ion energy storage and in-situ Hydrogen-on-Demand Systems (HoD). This partnership will enable Spectral’s decentralized hybrid cloud and edge computing platforms to readily achieve 2.5–3.0 MWh power capacity, critical for AI-driven workloads and quantum infrastructure.

“The whole world knows that the energy needs of AI and cloud computing are on a path to be unsustainable.  Deploying decentralized data centers around the world that are hyper-energy efficient, and that can generate a portion of their own power needs, is a key to Spectral’s growth strategy.  Energy efficiency, including battery back-up optimization and a reliable battery supply that allows on-site energy generation from multiple sources can give Spectral key advantages in lowering net energy costs for its planned data centers.  This can make the data centers more cost competitive. Our lean data center footprint, with 1504 servers planned per center together with the lower energy demands means we can select sites that wouldn’t be suitable from a power viewpoint for large data centers.  We will be able to go where others can’t, meeting cloud demand where it is.” Said Spectral President Jenifer Osterwalder.

By utilizing Energy Tech’s advanced sodium-ion energy storage combined with a fully commercialized version of Essence Global’s Hydrogen On Demand technology to generate on-site power, Spectral can deliver on-site, clean energy generation with a decentralized data infrastructure. This suite of technologies allows Spectral to optimize energy efficiency and become a net energy provider enhancing grid resiliency.

“This initiative is not just about expanding our energy capabilities—it’s about redefining how decentralized cloud infrastructure interacts with global energy markets,” said Sean Michael Brehm, Chairman of Spectral Capital. “By leveraging our proprietary Energy Arbitrage platform, through the integration of the CRWDUNIT intellectual property, we can dynamically balance energy loads, exploit real-time market fluctuations, and optimize cost-efficient power distribution across our global network. This ensures that our decentralized AI and quantum cloud operations remain both resilient and economically optimized.”

Strategic Role of Florida, New Zealand and Indonesia in Spectral’s Vogon Cloud Initiative

As part of Spectral’s Vogon Cloud initiative, it has identified 16 global regions for deployment. Among these regions are Florida, New Zealand and Indonesia which Spectral Capital and Energy Tech have selected as key locations for sodium-ion battery production and decentralized cloud infrastructure expansion.

These locations will:

Support localized energy production and data center deployment in alignment with Spectral’s sustainable AI and quantum computing strategy.Leverage favorable regulatory and economic environments to accelerate advanced energy storage and HoD Systems manufacturing.Create foundational hubs for Spectral’s decentralized quantum infrastructure, ensuring secure, high-performance energy solutions for AI, hybrid cloud, and decentralized applications.Provide significant new high tech employment opportunities.

Energy Tech, a portfolio company of Essence Global Group, has developed and commercially deployed its cutting-edge advanced sodium-ion energy storage technology. This technology has superior performance metrics, including no risk of thermal runway, providing advantages over lithium-ion alternatives.

Through this partnership:

Spectral Capital will integrate Energy Tech’s sodium-ion battery technology to power its planned decentralized quantum data centers and AI-driven cloud solutions.Spectral will collaborate with Energy Tech to expand manufacturing operations beyond Energy Tech’s current 6 GWh of annual production capacity with new planned locations in Florida, New Zealand and Indonesia.A commercialized version of Essence Global’s Hydrogen-on-Demand System is being integrated into Spectral’s infrastructure designs, providing in-situ, decentralized energy generation and resulting in clean, continuous and resilient power for Spectral’s planned distributed computing environments.

Key Benefits of the Partnership

Seamless Support for 2.5–3.0 MWh Power Capacity in a 20′ footprint:Advanced sodium-ion energy storage + HoD provides scalable, modular high-density energy for Spectral’s decentralized data centers.Designed to handle Spectral’s AI, hybrid cloud, and quantum workloads with low-latency power delivery.Energy Tech’s Advanced Sodium-Ion Storage Advantages:Higher thermal stability and safety – No risk of thermal runaway.Ubiquitous source materials compared to lithium-ion alternatives – No rare earth minerals used.Projected lifespan of 10,000+ cycles.Hydrogen-on-Demand Systems for Decentralized Cloud Infrastructure:In-situ, decentralized hydrogen production and energy generation minimizes supply chain dependencies.Modular and scalable energy production to grow dynamically with cloud demand.Provides tactical energy independence for edge computing environments.

About Energy Tech LLC

Energy Tech LLC has successfully developed and is commercially deploying its breakthrough sodium-ion energy storage technology. Energy Tech’s technology provides a safe, cost-effective alternative to lithium-ion batteries for energy storage, data centers and industrial applications.  Energy Tech currently has 6 GWh of annual production capacity and is developing an additional 10 GWh of capacity.  For more information, please visit Essence Global.

About Spectral Capital

Spectral Capital (OTCQB: FCCN) is a Deep Quantum Technology Platform Company focused on decentralized edge computing, leveraging its Vogon Distributed Quantum Ledger Database (DQLDB) and its Quantum Algorithms and its Plasmonic System on a Chip technology to transform decentralized cloud computing with quantum-enabled solutions. With the acquisition of CRWDUNIT intellectual property, Spectral has integrated AI-driven Energy Arbitrage into its decentralized cloud operations, optimizing real-time energy use and cost efficiency. For more information visit, Spectral Capital.

Forward-Looking Statements

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and FCCN’s growth and business strategy. Words such as “expects,” “will,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates,” and variations on such words and similar expressions are intended to identify forward-looking statements. Although FCCN believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of FCCN. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in FCCN’s business; competitive factors in the market(s) in which FCCN operates; risks associated with operations outside the United States; and other factors listed from time to time in FCCN’s filings with the Securities and Exchange Commission. FCCN expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in FCCN’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

For more information, please visit Spectral Capital.

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SOURCE Spectral Capital Corporation

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

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NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

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NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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Fathom Applauds Introduction of the FRONTIER Act, the First Federal Blueprint for Independent AI Verification

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Reps. Lori Trahan (D-MA-03) and Jay Obernolte (R-CA-23) introduce a bill to build a competitive marketplace of independent verifiers for frontier AI models.

WASHINGTON, July 23, 2026 /PRNewswire/ — Fathom welcomes the introduction of the FRONTIER Act, the most complete federal framework yet for independent, third-party verification of frontier AI. The legislation is built to earn public trust as AI technology continues to accelerate. As frontier systems begin to take autonomous action in the world, the gap between what these models can do and our ability to keep them in check is widening. FRONTIER is the starting point to close that gap.

“AI governance keeps running into the same wall. The technology is hard to measure and it moves faster than any law can keep up with,” said Andrew Freedman, Co-Founder and CEO of Fathom. “Trying to write the perfect rules and freezing them in place won’t work. What will work is a competitive market of independent verifiers who are accountable for real-world outcomes and who the government can actually count on. The FRONTIER Act shows we can move fast and still get this right.”

The bill gets the fundamentals correct. It sets one public standard – the adequate mitigation of catastrophic risk – and holds both the AI companies and their independent verifiers accountable to it. FRONTIER does not freeze a single testing method into statute. Instead, it licenses competing verification organizations, allows them to sharpen their methods, and gives the government the power to revoke a license when a verifier’s work does not hold up in the field. That is how you build a system that keeps pace with the science instead of falling behind it.

Fathom thanks Reps. Trahan and Obernolte for their leadership, and for their courage in releasing a discussion draft, inviting scrutiny, and incorporating substantive improvements from across the field. One priority improvement as the bill advances: giving the government a fuller range of tools to act upstream – for pushing companies to close identified gaps in risk mitigation early, rather than only once a catastrophe is imminent. We are committed to working with these sponsors, committees of jurisdiction, and Congressional leadership to continue refining the bill in the weeks and months ahead.

About Fathom
Fathom is an independent nonprofit whose mission is to build a governance architecture that helps society navigate the transition to a world with AI by fostering trust, safety, and innovation. Fathom has developed and championed the independent verification model for AI and works with policymakers across the country to put it into practice. Learn more at http://fathom.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fathom-applauds-introduction-of-the-frontier-act-the-first-federal-blueprint-for-independent-ai-verification-302833546.html

SOURCE Fathom AI Inc.

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