Investor Relations.
Fermi Inc. (Nasdaq and London Stock Exchange: FRMI), doing business as Fermi America, is developing Project Matador, a private power grid and AI data-center campus in Carson County, Texas. Figures in this section are drawn from the site’s dated facts register and link to the filing or release they came from.
Project Matador, concept render, Fermi America
Market data supplied by third parties, delayed at least 15 minutes (20 where indicated). For information only; not for trading and not investment advice.
Selected figures, with disclosure status and source.
Solid marks are disclosed facts: reported, landed, permitted or contracted as of the date shown.Hollow marks are forward-looking: pending, planned, target or estimate, and may not be realized.Forward-looking statements
Second-quarter 2026 results.
Net loss of $25.8 million for the quarter; cash and restricted cash of $91.7 million at June 30, 2026, before approximately $416.8 million of net proceeds from the July 2026 convertible notes. The company is pre-revenue. The Form 10-Q discusses liquidity, including going-concern considerations that management concluded were alleviated by its plans.
All quarterly results →Corporate profile.
- Legal name
- Fermi Inc., doing business as Fermi America™
- Listings
- Nasdaq Global Select Market (FRMI); London Stock Exchange Main Market (FRMI), Equity shares (international commercial companies secondary listing) category of the FCA Official List; admitted to trading on the Main Market of the London Stock Exchange
- Headquarters
- 1845 Woodall Rodgers Fwy, Suite 1100, Dallas, Texas 75201. Project office: 620 S. Taylor St., Suite 301, Amarillo, Texas 79101
- Fiscal year end
- December 31
- Independent auditor
- Ernst & Young LLP
- Filer status
- Non-accelerated filer; emerging growth company. Currently taxed as a C corporation (REIT election deferred per the Q2 2026 Form 10-Q).
- Dividends
- No dividends have been declared; see the Form 10-K for the company’s dividend policy.
- Information channels
- Fermi announces material information through newswire press releases, Forms 8-K and other SEC filings, RNS announcements in the United Kingdom, and its official investor-relations website (investor.fermiamerica.com). This concept site is not a disclosure channel.
Counterparties and capital providers.
Relationships and figures reflect Fermi’s public announcements, and each row links to the announcement it comes from. Listing does not imply endorsement by the organization named.
Partners and counterparties
- TensorWaveAnchor tenant, 222 MW binding lease
- Texas Tech University System99-year ground lease
- Siemens EnergySGT-800 and SGT6-5000F turbines
- Hillcore Energy Capital~2.6 GW power-center alliance (framework)
- WestinghouseAP1000 licensing support
- Hyundai E&CNuclear construction, strategic partnership
- Xcel Energy (Southwestern Public Service)Up to 200 MW electric service agreement
Contact Investor Relations.
Investor inquiries may be sent to IR@fermiamerica.com or by mail to the company’s Dallas headquarters. Filings, press releases and event notices are available by email alert.
