The land-sale is the first closed sales transaction for Quantum Maryland, setting into motion data center development in Frederick, Maryland
Frederick, MD – November, 29, 2022 – Quantum Loophole, Inc., an innovative developer of first-of-its-kind Gigawatt-scale master planned data center communities, and Aligned Data Centers, a leading technology infrastructure company offering innovative, sustainable and adaptive Scale Data Centers and Build-to-Scale solutions for global hyperscale and enterprise customers, announce the closing on a land-sale at Quantum Maryland. The Aligned Data Centers transaction is the first completed land sale for data center development at Quantum Loophole’s Frederick County, Maryland data center campus.
The land sale initiates the development of Aligned’s Frederick County mega campus, which is master-planned for four multi-story data centers on Quantum Loophole’s 2,100+ acre site. The expansion provides Aligned with additional, strategic expansion capacity, enabling rapid scale deployments to meet the needs of its customers in a highly land-and power-constrained region. In July 2022, Quantum Loophole broke ground on the data center campus to deploy fiber, power and water throughout the site. Shortly thereafter, construction of the QLoop fiber optic system began. When complete, the QLoop network will connect Quantum Maryland to the Ashburn, Virginia Internet ecosystem via a 40 (+/-) mile hyperscale conduit ring.
“We are thrilled to welcome Aligned as our first customer. By combining a development location with entitled land, power, water, and massive connectivity, we deliver the critical services needed for data center developments at Quantum Maryland ,” comments Josh Snowhorn, Founder and CEO of Quantum Loophole. “Now that the infrastructure construction is underway, along with the progress of the QLoop fiber conduit network, we are confident that Aligned will be able to meet their customer’s demands with accelerated time to market delivery. Our site will provide them with scalable data center services and solutions for years to come.”
“Aligned is excited to begin the development of our Frederick County mega campus, further extending our periphery to support customer-driven infrastructure needs and offer strategic optionality in a constrained region,” adds Andrew Schaap, CEO of Aligned Data Centers. “In addition to our proven site selection expertise and power-first approach to land acquisition, we’re proud to offer customers robust fiber connectivity and scalability for future expansion in Frederick County.”
For more information about Quantum Loophole, visit: www.quantumloophole.com.
For more information about Aligned Data Centers, visit www.aligneddc.com.
# # #
About Quantum Loophole
Quantum Loophole disrupts data center site selection offering a rapid platform delivery for land, power, connectivity, and scale. The company’s first-of-its-kind gigawatt-scale, master planned data center development uniquely addresses the scalability, connectivity, and cost-efficiency challenges of today’s large-scale deployments. Powered by innovative energy systems, hundreds of thousands of strands of fiber from multiple carriers, and mass-scale entitled land, Quantum Loophole’s master planned communities take the guesswork out of adding needed data center capacity, allowing hyperscalers, enterprises, and colocation providers speed with go-to-market capabilities. Incorporating renewable energy, land and water improvements, Quantum Loophole offers an environmentally sound approach that reduces the overall carbon footprint while fully enabling powered land with the highest level of connectivity, reliability, and security.
About Aligned Data Centers
Aligned Data Centers is a leading technology infrastructure company offering innovative, sustainable, and adaptive Scale Data Centers and Build-to-Scale solutions for global hyperscale and enterprise customers. Our intelligent infrastructure allows densification and vertical growth within the same footprint, enabling customers to scale up without disruption, all while maintaining industry-leading Power Usage Effectiveness (PUE). By reducing the energy, water and space needed to operate, our data center solutions, combined with our patented cooling technology, offer businesses a competitive advantage by improving sustainability, reliability, and their bottom line. For more information, visit www.aligneddc.com and connect with us on Twitter, LinkedIn and Facebook.
Forward-Looking Statements
This press release contains, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will,” and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding our plans for data center cities, sustainable growth and community-mindedness, ability to manage pricing pressure, and similar statements.
Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations, and assumptions regarding the future of our business, future plans, and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict, and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, economic and financial conditions, including volatility in interest and exchange rates; commodity and equity prices, and the value of financial assets, land prices, power pricing volatility, capital and/or credit market availability; the adequacy of our cash flow; strategic actions; the occurrence of hostilities; political instability or catastrophic events; changes in customer demand; the extent to which we are successful in gaining new long-term relationships with customers and the level of service failures that could lead customers to use competitors’ services; and developments and changes in laws and regulations, including increased regulation of the power and data infrastructure industry through legislative action and revised rules and standards, among others.
Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.