New Era Energy & Digital, Inc. (NASDAQ:NUAI) saw its stock climb 11.5% in premarket trading Wednesday after announcing a major fiber network development deal through its joint venture.
The company, previously operating as New Era Helium, said Texas Critical Data Centers LLC (TCDC)—its 50/50 joint venture with Sharon AI—signed a Memorandum of Understanding with GlobeLink Holdings to build a 1,600-mile fiber optic network across Texas. The network is set to become one of the largest digital backbones in the region, designed for artificial intelligence, hyperscale computing, and cloud workloads.
New Era noted that the system will deliver sub-5 millisecond latency and over 30 terabits per second of capacity per fiber pair. GlobeLink’s infrastructure will cover 2,400 miles of terrestrial and subsea fiber, linking major cities such as Mexico City, Corpus Christi, Odessa, San Antonio, Austin, and Dallas.
The deal marks a key milestone in New Era’s plan to deploy full-scale digital infrastructure at its West Texas site, which is expected to eventually surpass 1 GW capacity and host multiple tenants.
“Teaming up with GlobeLink marks a pivotal step forward for Texas Critical Data Centers. Their advanced digital infrastructure solutions will empower us to support the explosive growth of AI and high-density computing while creating long-term value for our shareholders,” said E. Will Gray II, CEO of New Era Energy & Digital.
Global Connect Enterprises facilitated the MOU, supporting the development of the fiber project. This announcement follows earlier agreements to build power infrastructure and deliver zero-carbon digital power to the site.
New Era Energy & Digital stock price
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