-
Pegula dethrones Swiatek to book Cincy final against Gauff
-
Austrian mountain town finds niche in AI boom
-
South Korean survivor fights for workplace harassment 'justice'
-
Messi scores but Miami slump continues with loss to Toronto
-
Starc strikes as Bangladesh struggle to stay alive in 2nd Test
-
Sydney marathon unveils medal with wrong stadium
-
Prince Harry: royal misfit making unlikely UK return
-
Macron hosts Saudi's MBS for visit ranging from esports to Mideast
-
Blowing in the wind, humble balloon gets green makeover
-
Australia in control with 146-run first innings lead over Bangladesh
-
Pegula dethrones Swiatek to reach Cincinnati final
-
World No. 3 Pegula beats defending champ Swiatek to reach Cincy final
-
IndyCars zip among iconic Washington landmarks ahead of Freedom 250
-
Wyndham Clark surges clear at BMW Championship
-
Real Madrid snatch late win at Espanyol on Mourinho's return
-
Maresca says Man City must fill Rodri void after Barca switch
-
Real Madrid beat Espanyol in Mourinho's first game on return
-
Canada retaliates as trade war with US escalates
-
Olise helps Bayern past Dortmund in German Supercup
-
Fils dominates Cobolli to book Cincinnati final
-
Coach Rennie hails clinical All Blacks after Springboks Test win
-
Spurs lacked fight in dismal defeat at Brentford says De Zerbi
-
Charlton deliver blow to 'under pressure' Hammers boss Nuno
-
Inter thrash Monza to launch Serie A title defence
-
Carrick keeps calm despite Man Utd misery, big-spending Spurs crushed
-
Shambolic Spurs battered by Brentford
-
Canada's Carney stands up to Trump, despite risks
-
Pogacar wins Vuelta a Espana opening stage
-
Lens hammer Auxerre thanks to Thauvin penalty double
-
Clinical New Zealand shock wasteful South Africa in first Test
-
No singles for Serena, but she joins Alcaraz for US Open
-
Canada hits back with new tariffs after trade talks with US fail
-
Joao Pedro extends Chelsea stay with new long-term deal
-
Swedish police identify 17-year-old girl as victim in school sword attack
-
Yamaguchi to face An in hunt for fourth badminton world crown
-
Carrick keeps calm despite Man Utd misery, Sage beaten in first game as Palace boss
-
Norris clinches pole for Dutch GP
-
France to deliver interceptor missiles to Ukraine after new Russian strikes
-
Norris clinches pole for Dutch Grand Prix
-
Serena Williams and Alcaraz unite in US Open mixed doubles
-
Pope Leo calls for courage in Rimini visit after stop in tiny San Marino
-
Macron pledges air defence as 13 killed in Russia, Ukraine strikes
-
Man Utd must learn from 'frustrating' defeat at Hull: Carrick
-
DR Congo capital wary of Ebola nightmare
-
Yamaguchi on course for fourth badminton world crown
-
Swedish police name 17-year-old girl as victim in school sword attack
-
Man Utd humiliated by Hull in dismal start to Premier League season
-
South Korea sends first container ship through Arctic route
-
Anthropic market debut could break SpaceX IPO record: media
-
Trescothick eager to keep England job despite Hussey approach
Elektros Poised to Capitalize as White House Moves to Boost AI Infrastructure Spending
SUNNY ISLES BEACH, FL / ACCESS Newswire / January 22, 2025 / Elektros (OTC PINK:ELEK), a leader in electric mobility and lithium mining, today announced plans to explore the development of Battery Energy Storage System (BESS) technology specifically tailored for the burgeoning AI data center market.
This strategic move comes at a time of significant growth in AI infrastructure spending and increasing demand for clean energy solutions to power these centers.
Government Initiatives
The announcement comes amid a surge in AI infrastructure investments and government initiatives to support the sector's growth. The new administration in Washington has recently taken significant steps to bolster AI development and the associated energy infrastructure:
The Trump Administration recently highlighted a joint venture investing up to $500 billion for AI infrastructure, involving OpenAI, Oracle, and SoftBank.
The Department of Defense and Department of Energy have been directed to identify federal sites for AI data center construction, with a mandate for clean energy integration.
Gartner forecasts that spending on AI-optimized servers will reach $202 billion in 2025, with hyperscale operators accounting for over 70% of this expenditure.
AI-Driven BESS for Data Centers
Building on its strategic partnership with Next Realm AI, Elektros aims to develop Battery Energy Storage System (BESS) solutions that leverage sophisticated AI algorithms to optimize energy management in data centers. This system would utilize predictive modeling to enhance grid reliability and substantially reduce operational costs.
Key features of AI-Driven BESS include:
Advanced AI Optimization: Intelligent decision-making systems analyze complex datasets, including weather patterns and historical consumption data, to maximize energy efficiency.
Predictive Charging: The system determines optimal times for battery charging and discharging, aligning with renewable energy generation and peak demand periods.
Integrated Lithium Supply: Elektros' vertical integration ensures a secure and streamlined source of critical battery materials, leveraging our Sierra Leone lithium mining operations.
High-Capacity Backup: Specialized battery systems offer uninterrupted power supply for critical infrastructure, boasting high energy density (200-300 Wh/kg) and extended lifespan (300-500 charge cycles).
Strategic Position
Elektros aims to address these challenges by optimizing energy use and integrating renewable sources, aligning with the government's push for clean energy in AI infrastructure development.
Our integrated lithium supply chain provides a competitive advantage in battery production.
The partnership with Next Realm AI enhances our AI optimization capabilities.
Our focus on clean energy aligns with government mandates for sustainable AI infrastructure.
"We are excited to explore this new frontier in AI infrastructure," said Shlomo Bleier, CEO of Elektros. "AI-Driven BESS technology has the potential to significantly reduce the environmental impact of data centers while ensuring reliable power supply for critical AI operations. This initiative not only supports our growth strategy but also contributes to the broader goal of sustainable technological advancement."
To stay informed join our Elektros Investor Network at https://elektros.energy/investors/
About Elektros, Inc.
Elektros (OTC PINK:ELEK) is a vertically integrated sustainable energy company focused on lithium mining, electric vehicle charging, solar energy storage, and power supply for AI data centers. We are at the forefront of the clean energy transition, driving innovation in mobility and energy technologies to combat the global climate crisis and deliver transformative user experiences. www.elektros.energy
Follow of Facebook: https://www.facebook.com/Elektrosenergy
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential," and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Elektros, Inc.'s products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Elektros Inc.'s filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs, and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting Elektros Inc., please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. Elektros, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT:
Elektros, Inc.
IR and Media Inquiries
Email: [email protected]
AI Venturetech
Phone: (917) 746-8054
Email: [email protected]
SOURCE: Elektros, Inc.
View the original press release on ACCESS Newswire
M.Fischer--AMWN