Auddia Inc. (NASDAQ:AUUD) said its LT350 division has entered into a non-binding letter of intent with a medical real estate investment trust listed on the New York Stock Exchange to explore a pilot deployment of solar-powered AI micro–datacenter infrastructure.
The proposed project would involve installing LT350’s first solar-integrated AI datacenter canopy at a hospital property located in the Dallas–Fort Worth metropolitan area. The REIT involved owns roughly 200 healthcare-related properties across the United States, including hospitals, ambulatory surgery centers and medical office buildings.
LT350’s platform combines modular graphics processing units, memory systems and battery storage within solar canopy structures positioned above existing parking lots. According to the company, approximately 4 million square feet of parking space within the REIT’s portfolio could potentially accommodate up to 960 megawatts of AI training capacity or about 350 megawatts of inference computing capacity.
“Healthcare is one of the most latency sensitive and data security intensive environments for AI inference,” said Jeff Thramann, CEO of Auddia and founder of LT350. The LOI is non-binding and does not obligate either party to proceed with the pilot installation.
The company estimates that completing the initial canopy deployment would require about 18 months of design, engineering and testing after the closing of Auddia’s planned merger with Thramann Holdings. The pilot initiative is intended to demonstrate the system’s capability to support AI computing workloads for healthcare while complying with HIPAA data protection standards.
Under the planned operating model, LT350 would sign location-specific lease agreements with property owners to use parking lot airspace and install canopy infrastructure. If the pilot proves successful, the technology could be rolled out across additional properties in the REIT’s network.
LT350 currently holds 13 granted patents and three pending patent applications covering its solar parking canopy infrastructure technology. The division forms part of the proposed merger between Auddia and Thramann Holdings, which would establish a new holding entity named McCarthy Finney.