Nixxy and Tachyon9 Start the Catalyst Clock on a Power-Ready AI Buildout

Nixxy frames its proposed combination with Tachyon9 as a route around the delays that, per industry reports cited by the company, have hit nearly half of 2026's planned U.S. AI data center projects, and the deal's filings give traders a dated set of checkpoints running to a 120 MW first phase slated for Q2 2027.

NEW YORK, June 11, 2026

Nixxy, Inc. (NASDAQ: NIXX) made its case on timing Thursday. In a release out this morning, the AI communications and data infrastructure company said the proposed strategic combination it recently announced with Tachyon9 Corporation is aimed at what it calls the industry's most significant bottleneck, a widening shortage of power-ready AI data center capacity.

The numbers the company put on that shortage are stark. Citing industry reports, Nixxy said nearly half of all U.S. AI data center projects planned for 2026 deployment have been delayed or canceled, and that analysts estimate more than 7 gigawatts of anticipated AI computing capacity may fail to come online as scheduled. Independent research points the same way. Sightline Climate analyst Olivia Wang, who tracks 190 GW of announced capacity across 777 large data centers, projected in February that 30% to 50% of 2026-slated capacity could slip.

For the desk, the macro backdrop is familiar. What is new is the specificity. The deal arrives with a defined asset list and a stated financing structure, and it puts a date on the first milestone.

The deal sheet

The transaction, struck as a binding letter of intent disclosed in Nixxy's June 10 Form 8-K, is a proposed combination rather than a closed merger. On the asset side, Tachyon9, a private operating company specializing in energy infrastructure, transmission equipment and data center assets, is contributing approximately $64 million in equipment, according to the announcement, along with land option rights for the Nakota project, which the filing describes as a 620-acre site in Williston, North Dakota, and a signed LOI covering the entire 1 GW development. In a market where Wood Mackenzie pegs average power transformer lead times at roughly 120 weeks, up from about 50 weeks in 2021, equipment already in hand is a line item desks tend to notice.

On the capital side, Tachyon9 is pursuing, through its development pipeline, approximately $1 billion of planned capital investment, largely through debt facilities and construction loans that the company says will be backed by projected offtake agreements. Per the 8-K, the financing stack is slated to include a planned $75 million private placement and a $5 billion GPU financing memorandum of understanding. The combined company is expected to trade under the ticker TACC, per the filing.

Nixxy's contribution is the public market platform, telecommunications infrastructure, AI technologies and capital markets capabilities, the wrapper that turns a private developer's pipeline into a listed vehicle. The company's pivot into wholesale telecom produced $97.9 million of revenue in fiscal 2025, per its 10-K.

The integration thesis

The strategic argument, as the companies present it, is that most announced AI projects remain dependent on third parties: grid operators, outside power providers, fragmented construction partners and uncertain financing sources. The combined Nixxy-Tachyon9 platform, the companies say, is being designed to integrate power, infrastructure, financing and compute deployment into a single execution framework.

The mechanism is behind-the-meter gas turbines. "We recognized early that AI's greatest bottleneck would not be models or GPUs - it would be infrastructure," said Shahal Khan, chief executive officer of Tachyon9, in the release. "We are building behind the meter gas turbines, so we avoid these delays."

The timeline gap Khan is pointing at is well documented. Behind-the-meter gas generation can reach first power in roughly 18 months. Grid interconnection queues, by contrast, run to a median of about five years in Lawrence Berkeley National Laboratory's Queued Up data, and four to seven years in hot markets like Northern Virginia and Dallas. The approach has gone mainstream: 46 data centers totaling roughly 56 GW now plan their own behind-the-meter power, per reporting from Grist and Marketplace.

Demand-side support is not hard to find. The four largest hyperscalers have guided to roughly $725 billion of combined 2026 capital spending, up 77% from 2025, per Tom's Hardware's aggregation of first quarter earnings. JLL puts North American colocation vacancy at a historic low of 2.3%. "Power has become the new real estate," is how JLL's head of U.S. data center research, Andrew Batson, framed it last August.

The catalyst clock

The headline date is Q2 2027, the slated completion of the Phase 1 buildout of 120 MW. Per the 8-K, the development is planned in 120 MW increments, with the full 1 GW intended to come online over 36 months. That gives the market a sequence of checkpoints between now and then.

• Definitive documentation. The June 10 letter of intent is binding, but the path still runs through definitive agreements and closing. Timing here sets the tempo for everything downstream.
• Financing execution. Watch the planned $75 million placement, the construction loan facilities behind the approximately $1 billion capital program and the maturation of the $5 billion GPU financing MoU. The company describes its debt as backed by projected offtake agreements, while the established project finance template, laid out by Orrick and S&P Global Market Intelligence, has lenders sizing construction debt against signed, creditworthy offtake. Conversion of projected offtake into executed contracts is arguably the single most informative milestone on the board.
• Turbine procurement. The behind-the-meter route is faster, but it has its own queue. GE Vernova's gas turbine backlog hit 100 GW in the first quarter, and CEO Scott Strazik has said "2026 and '27 are largely sold out; we are approaching filling out '28." Confirmation of secured equipment slots would put hard evidence behind the Q2 2027 date.
• Nakota site progression. The markers in Williston are exercise of the land options, permitting progress and a construction start.
• The 120 MW switch-on. Phase 1 first power is slated for Q2 2027. Delivery would stand as the proof point for the integrated model and the trigger for the next 120 MW tranche.

What the desk takes away

Nixxy believes the proposed transaction positions it to participate directly in one of the most significant infrastructure buildouts in modern technology history, in the company's words, and the supply and demand data above lend that framing some support. None of it has been executed yet, and that is the point of the checklist. Each item that moves from planned to signed, starting with the definitive agreement and running through financing closes, equipment slots, offtake signatures and site work, will tell the market more than today's announcement did. The first hard test is Phase 1 at 120 MW, slated for Q2 2027, and the checkpoints between now and then are where the information will come from.

About Nixxy, Inc.

Nixxy, Inc. (NASDAQ: NIXX) is an AI communications and data infrastructure company focused on next-generation digital infrastructure platforms positioned at the intersection of artificial intelligence, high-performance compute, energy, and data center infrastructure. The Company is pursuing large-scale opportunities supporting the rapidly growing global demand for AI compute capacity, sovereign AI initiatives, and next-generation energy-backed digital infrastructure. For more information, visit www.nixxy.com.

About Tachyon9

Tachyon9 is a private operating company specializing in energy infrastructure, transmission equipment, and data center assets. Tachyon9 serves as the primary asset and revenue contributor in the proposed transaction, contributing approximately $64 million in equipment, land option rights for the Nakota project, and a signed LOI for the entire 1 GW development.

Contacts

Investor Relations: Nixxy, Inc., [email protected] Media: John Arundel, Managing Director, Perdicus Global Communications, Washington, DC, [email protected], (703) 963-4191

Forward-Looking Statements

This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the proposed strategic combination between Nixxy, Inc. and Tachyon9 Corporation, planned capital investment, development timelines, projected offtake agreements, and anticipated market conditions. Forward-looking statements are based on management's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Investors should review the risk factors described in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission on April 15, 2026, and other filings with the Securities and Exchange Commission. Nixxy undertakes no obligation to update forward-looking statements except as required by law.

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