Hyperscale Data Announces Business Update for TurnOnGreen By Investing.com

Hyperscale Data Announces Business Update for TurnOnGreen By Investing.com
Source: Investing.com

LAS VEGAS, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (Hyperscale Data or the Company), today announced that its indirect subsidiary, TurnOnGreen, Inc. (TurnOnGreen), has secured $3.9 million in new defense contracts through its power electronics division Digital Power Corporation (DPC). The agreements encompass the production and integration of defense-grade power conversion modules, tactical power switching and charging systems, and proprietary power distribution solutions. These advanced technologies are tailored to enhance the performance of off-road tactical vehicles, military ambulances, and critical warfare communication and networking systems.

Further strengthening its position in the defense sector, TurnOnGreen has secured a strategic contract with a prominent Israel-based defense original equipment manufacturer. Under this agreement, TurnOnGreen will supply and integrate advanced power systems for all-terrain armored fighting vehicles and first-response military ambulances.

Expanding its international reach, TurnOnGreen is also providing custom-designed uninterruptible power solutions to a leading aerospace and defense corporation. These solutions are integral to supporting transportable tactical command communications systems used in military operations worldwide.

TurnOnGreen's power solutions play a vital role in supporting modern military operations across diverse and challenging terrains. In collaboration with the Israel Defense Forces (IDF), TurnOnGreen has developed and delivered power systems that meet stringent demands of today's battlefield environments. These solutions have undergone rigorous testing by the IDF, complying with their exacting requirements and international military standards.

"Securing contracts with some of the world's largest domestic and international defense firms highlights our expertise in designing high-grade power electronics," said Amos Kohn, Chairman and CEO of TurnOnGreen.
"Our comprehensive solutions are meticulously engineered to ensure reliable performance in mission-critical environments," Mr. Kohn added.
"TurnOnGreen's growth trajectory continues to accelerate across aerospace, defense, industrial sectors," said Marcus Charuvastra, President of TurnOnGreen.