Hyperscale Data (GPUS) announced that its indirect subsidiary, TurnOnGreen has secured $3.9 million in new defense contracts through its power electronics division Digital Power Corporation. 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
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GPUS:
- Hyperscale Data announces 640 Bitcoin mined year to date
- Hyperscale Data Announces Special One-Time Dividend
- Hyperscale Data issues special dividend of Series F Exchangeable Preferred Stock
- Upcoming Stock Splits This Week (November 25 to November 29) – Stay Invested
- Hyperscale Data Declares Dividend for Series D Stock