VivoPower Signs Definitive Heads of Agreement with Open Innovation AI to Develop Secure Sovereign AI Data Centers Across the Nordics, Mainland Europe, the GCC and selective countries in Asia

Alex Cuppage, Chief Investment Officer of VivoPower PLC

“VivoPower is committed to working with nations as their most trusted long-term and aligned AI infrastructure partner to deliver leading sovereign AI infrastructure. We believe that sovereigns who develop leading AI infrastructure, supported by a secure and full stack sovereign cloud solution will drive national prosperity and security. In most cases, allocations of a nation’s natural resources of power and water to sovereign cloud represents the highest and best use. The UAE is globally seen as one of the most advanced nations utilizing sovereign compute. We are delighted to establish this partnership with Open Innovation AI, a proven sovereign AI orchestration and security platform, offering governments and enterprises a complete path from site to secure AI service. Signing this agreement in Abu Dhabi, at the heart of the region’s AI ambition, is a fitting start. We are excited to work together with sovereigns across the Nordics, Mainland Europe, the GCC and Asia to help develop their compute power infrastructure, which will equate to national prosperity and national security.”

Kevin Chin, Executive Chairman and CEO of VivoPower PLC

“Sovereign AI needs more than power and buildings. It needs a trusted, secure platform to run on. Our partnership with Open Innovation AI lets VivoPower offer sovereigns a complete solution, from powered land to production-ready AI. It is an important step in building VivoPower into a leading independent sovereign AI infrastructure partner, and in creating long-term value for our shareholders across our existing portfolio and near-term pipeline.”

Dr. Abed Benaichouche, Co-Founder and CEO of Open Innovation AI

“Sovereign AI is not only about compute capacity; it is about securing and controlling the technology layer that allows governments and enterprises to run AI safely, locally and at scale. VivoPower shares our belief that every nation should control its own intelligence. Together, we can bring secure AI Data Centers online faster across the Nordics, Mainland Europe, the GCC and Asia, and take the UAE’s AI expertise to new markets.”