Quanome Signs 60-Month AI Infrastructure Services Agreement Worth More Than $100M, Secures First Enterprise Customer And Orders 32 Additional GPU Servers For A Price Of ~$18.8M

Initial 60-Month Order Has a Total Commitment Value Exceeding $100 Million; Service-Start Conditions Apply New York, NY, Oct. 08, 2026 (GLOBE NEWSWIRE) — Quanome Technologies, Inc. (NASDAQ:QNME) (“Quanome” or the “Company”) today announced that XDT Infrastructure I, LLC (“XDT”), an indirect wholly-owned subsidiary of Quanome, has entered into a Master Services Agreement and initial Order with an enterprise customer to provide dedicated artificial intelligence capacity. Under the initial Order, XDT will provide the customer with dedicated computing capacity to run its AI applications. This is known as AI inference: using trained AI models to process new information and generate outputs. Rather than purchasing and operating its own specialised AI infrastructure, the customer will access the service remotely while XDT manages the underlying systems and day-to-day operation. Demand for AI computing capacity is growing as businesses integrate AI into their day-to-day operations. The U.S. Census Bureau Business Trends and Outlook Survey data showed that between 17% and 20% of U.S. businesses were using AI between December 2025 and May 2026, with 20% to 23% expecting to use it within the following six months. As more businesses move from testing AI to using it in practice, they require reliable computing capacity to run AI applications. This is creating demand for managed infrastructure providers such as XDT, which can operate dedicated capacity for customers that do not wish to build and manage it themselves. The initial Order has a 60-month term commencing on the service-ready date and a total commitment value exceeding $100 million. Subject to applicable service-start conditions, XDT currently expects service to commence within approximately two months. Separately, Quanome entered into a purchase agreement and related purchase order for 32 additional GPU server units at an aggregate price of approximately US$18.8 million. The units are expected to be delivered to a designated U.S. data center, subject to applicable commercial and operational conditions. This is XDT’s first customer agreement and marks the next stage in Quanome’s development of its AI computing business: progressing from the planned deployment of AI computing infrastructure to the delivery of long-term managed services for enterprise customers.