Alpha Compute signs $71.9M binding contract for ALPHA-02 cluster in Sweden

Alpha Compute (Nasdaq: ALP) announced a binding offtake agreement for its ALPHA-02 cluster in Sweden, a high-density NVIDIA B300 GPU deployment in a hydropowered data center. The contract is valued at $71.9 million and is expected to add $24 million in annual contracted revenue, bringing projected annual revenue to $47 million.