Tachyon9 Signs 15-Year MOU With Yotta Parent Nidar to Anchor First 100 MW of Nakota AI Data Campus
CORAL GABLES, Fla., June 15, 2026, Nidar Infrastructure's U.S. affiliate will anchor the first 100 megawatts of Tachyon9 Corporation's planned Nakota AI Data Campus under a 15-year arrangement the company says is expected to contribute roughly $2.34 billion in revenue over the term, the companies said. Nidar is the parent and majority shareholder of India-based Yotta Data Services, and the binding memorandum of understanding underpins Tachyon9's proposed combination with publicly traded Nixxy, Inc. (NASDAQ: NIXX). The 100 MW is the opening phase of a campus designed to support up to 1 gigawatt of total capacity upon full development.
CORAL GABLES, Fla., June 15, 2026, Nidar Infrastructure's U.S. affiliate will anchor the first 100 megawatts of Tachyon9 Corporation's planned Nakota AI Data Campus under a 15-year arrangement the company says is expected to contribute roughly $2.34 billion in revenue over the term, the companies said. Nidar is the parent and majority shareholder of India-based Yotta Data Services, and the binding memorandum of understanding underpins Tachyon9's proposed combination with publicly traded Nixxy, Inc. (NASDAQ: NIXX). The 100 MW is the opening phase of a campus designed to support up to 1 gigawatt of total capacity upon full development.
The announcement was made in a statement issued from Coral Gables, Florida. The MOU is described as binding, but the broader transaction it supports, a proposed combination of Tachyon9 with publicly traded Nixxy, Inc. (NASDAQ: NIXX), remains a proposed framework, not a closed deal, according to the release.
Terms of the deal
Under the MOU, Nidar's U.S. affiliate is expected to become the anchor customer for the first 100 MW of capacity at Nakota and to participate as an economic partner in the project, Tachyon9 said. At full utilization of that initial phase, the company said the arrangement contemplates approximately $156 million in annual contracted infrastructure revenue. Over the 15-year term, that figure equates to the roughly $2.34 billion attributed to the first 100 MW phase, the release stated.
Tachyon9 said the figure applies to the initial deployment and not to the full campus. The company described Nakota as designed to support up to 1 GW of total capacity, ten times the first phase, upon full development, but did not extend the contracted revenue projection to that target.
The public vehicle and contributors
Tachyon9 is a private operating company specializing in energy infrastructure, transmission equipment and data center assets, according to the release. It said it serves as the primary asset and revenue contributor in the proposed Nixxy rollup, contributing approximately $64 million in equipment and land-option rights for the Nakota project, plus a signed letter of intent covering the entire 1 GW development.
Nixxy, Inc., described in the statement as an AI communications and data infrastructure company, is the public vehicle for the proposed combination. The companies said the intended structure would create a publicly traded platform spanning power generation, data center development, GPU compute and AI cloud services. Tachyon9 cautioned that the combination is proposed and subject to completion.
Yotta's stated credentials
Yotta Data Services operates three data center campuses in Navi Mumbai, Gujarat and Greater Noida, with a fourth planned in Telangana, the release said, and holds an estimated 60% to 70% of India's deployed GPU capacity. The company said Yotta is pursuing a pre-IPO financing targeting a public listing at a valuation of approximately $4 billion to $6 billion, with plans to raise $600 million to $900 million in growth capital.
The statement said Yotta announced a more than $2 billion investment in February 2026 to deploy 20,736 liquid-cooled NVIDIA Blackwell Ultra GPUs at its Greater Noida campus, alongside a four-year NVIDIA DGX Cloud engagement valued at more than $1 billion and an allocation of more than 10,000 GPUs to the Government of India's IndiaAI Mission. Those figures are the companies' own.
Management comment
"This agreement is much more than a customer relationship," said Shahal Khan, chairman and chief executive officer of Tachyon9. He said it represents validation from a leading AI infrastructure operator and "another important building block in the creation of a publicly traded AI infrastructure company."
Darshan Hiranandani, chairman of Nidar and co-founder of Yotta, said the company is "bringing world-class hyperscale operational capability, a demonstrated NVIDIA technology partnership, and a track record of delivering at scale to this platform." Sunil Gupta serves as chief executive officer of Yotta, the release said.
Nidar serves as the parent and credit-support entity for the transaction and is backed by the Hiranandani Group, according to the statement. The release directed readers to www.nixxy.com and to the source filing on businesswire.com. The figures and projections above are statements by Tachyon9, Nidar and Yotta and have not been independently verified.
Disclosure: NewsSOS is an independent financial-news publication. This article is editorial content and not investment advice. NewsSOS holds no position in the securities mentioned and was not compensated for this coverage. Figures are drawn from the company's press release.