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Fermi Inc. FRMI
$29.43 $0.933.25% NASDAQ
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Corporate Info
Phone Number
214 894 7855
Address
620 S. Taylor St.
Suite 300
Amarillo, TX 79101
Country
United States
Year Founded
2025
Details
Sector
Real Estate
Industry
Equity Real Estate Investment Trusts (REITs)
Employees
1
Business Decription
Fermi is focused on developing electric grids that deliver on-demand power at gigawatt scale, required to create next-generation artificial intelligence. Project Matador, a 5,236-acre site in Amarillo, Texas, plans to deliver up to 11 gigawatts of low-carbon, behind-the-meter power by building a HyperGrid that is expected to house one of the largest nuclear power complexes in America, with combined-cycle natural gas, utility grid power, solar power, and battery energy storage, to support the power needs of artificial intelligence at scale.