SAI.TECH Announces the Signing of an MOU with Green Agritech for Canada Manitoba Site Project
SAI.TECH Global Corporation - Class A Ordinary Shares (SAI)
US:NYSE Investor Relations:
investors.saic.com
Company Research
Source: GlobeNewswire
SINGAPORE, April 29, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“SAI.TECH” or “SAI” or the “Company”) (NASDAQ: SAI, SAITW), announces the signing of a Memorandum of Understanding (MoU) with Green Agritech Ltd. regarding the Company’s Canada Manitoba Site Project (Project) and the intention of establishing a Joint Venture (JV) for the future cooperation. The Project is a 1MW computing data center. It will be implemented through cooperation – between SAI.TECH and Green Agritech Ltd., an innovative crypto mining company. With SAI’s unique computing waste heat recovery technology, the heat generated from the computing data center will be recycled and supplied to onsite office and warehouse, and a later constructed greenhouse. The Project also officially marks the Company’s entry into the Canadian market of sustainable computing demonstrated by the nature of computing waste heat recycling. Through this project, the Company expects to certify its products for the Canadian mar
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Sec Filings
- 4/29/24 - Form 6-K
- 4/23/24 - Form 6-K
- 4/23/24 - Form 20-F
- SAI's page on the SEC website