Alpha Compute Corp. Signs Agreement with AI Platform to deliver Compute via its ALPHA-02 Cluster in Sweden, with a total value of $71.9 Million
Key Highlights
- ➤$71.9 million contract signed for ALPHA-02 NVIDIA B300 compute cluster
- ➤$24 million new annual contracted revenue expected
- ➤Projected annual revenue rises to $47 million
- ➤ALPHA-02 located in Sweden at a 100% hydropowered data center
- ➤Binding offtake agreement secures utilization before full cluster deployment
Expert Statements
Yury Mitin, Chief Business Development Officer at Alpha Compute
“Signing this agreement reflects our commitment to working closely with our clients to deliver tailored high-performance compute solutions that meet every technical and operational requirement”
Brittany Kaiser, Chief Executive Officer at Alpha Compute
“Signing two major contracts over the past two quarters highlights the tremendous dedication and operational excellence of our team and key partners”
Brittany Kaiser, Chief Executive Officer at Alpha Compute
“By combining seamless delivery with deep technical capabilities, we ensure our clients receive the enterprise-grade performance and reliability required for their most demanding AI workloads”
The Master Services Agreement is expected to add $24 million in new annual contracted revenue bringing the Company’s projected annual revenue to $47 million.
DOVER, Delaware, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Alpha Compute Corp. (Nasdaq: ALP) ("Alpha Compute" or the "Company"), a vertically integrated leader in Sovereign Super Intelligence, today announced the signing of a binding contract on September 30, 2026 for its ALPHA-02 cluster, delivering a state-of-the-art high density NVIDIA B300 GPU deployment located in a 100% hydropowered data center in Sweden.
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