STAK Inc. to Launch AI-Ready Distributed Power Solutions Through Proposed U.S. Subsidiary PR Newswire
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    STAK Inc. to Launch AI-Ready Distributed Power Solutions Through Proposed U.S. Subsidiary
     PR Newswire

    Company Establishes Majority-Owned U.S. Subsidiary to Commercialize Modular Gas-to-Electricity Generation Systems for AI Data Centers and Other Energy-Intensive Applications Across North America

    STAK Inc. (the "Company" or "STAK") (Nasdaq: STAK), a fast-growing company specializing in the research, development, manufacturing, and sale of oilfield-specialized production and maintenance equipment, today announced that it has entered into a memorandum of understanding (the "MOU") to form a majority-owned subsidiary (the "Subsidiary") in the United States. The Subsidiary will develop, market, and commercialize a proprietary line of modular gas-to-electricity power generation systems designed to address the growing power demands of artificial intelligence ("AI") data centers and other energy-intensive applications across North America. The formation of the Subsidiary remains subject to the execution of definitive agreements and the satisfaction of customary closing conditions.

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    July 24 '26. Markets Closed.
    Last $9.27
    Day change   602.27%$7.95
    Open $1.23
    Gap at open $0.09
    Previous close $1.32
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    Previous data from yesterday, July 23 '26.

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