Virtual Grid Inc. ("Virtual Grid"), a developer of modular, battery-backed AI compute and energy infrastructure, today announced that it has completed a strategic investment and commercial transaction with Aether Holdings Inc. (NASDAQ:ATHR) ("Aether") establishing the commercial framework for the launch and commercialization of AetherPod, an Aether-branded modular AI infrastructure platform based on Virtual Grid’s NovaPod 2.1 technology.
Under the arrangements, Aether has received exclusive rights to market, distribute, deploy and support AetherPod throughout Southeast Asia, together with non-exclusive rights within the United States for approved opportunities. The arrangements include a significant strategic investment from Aether in Virtual Grid.