New water rights application filed for Stratos Project data center

A new water rights application for the Stratos Project data center has been filed with the Utah Division of Water Resources. This application provides new details regarding the project and includes claims that the data center will use less water than the amount currently used for agricultural irrigation. This filing follows previous reports that the application was expected to include detailed hydrological studies and water recycling plans.

Our existing coverage does not contain information regarding the specific investment group involved in the Stratos Project or whether Kevin O’Leary is part of the group that filed this application. We do not have information confirming the identity of the investors or the specific details of their financial involvement in the project.