Hyperscale Data – Defense Subsidiaries Seeing Increase in Demand.
Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data,” or the “Company”), today announced that two of its defense industry subsidiaries, Enertec Systems 2001 Ltd. and Digital Power Corporation, are seeing an increase in demand for their products, which they believe are due to the current situation in the Middle East. As the conflict has unfolded, the defense subsidiaries have seen a marked increase of governments and contractors looking for defense technologies and solutions. The ongoing crisis has put a tremendous strain on inventory supplies and production schedules as companies strive to support the urgent needs of clients across these strategic regions.
Milton “Todd” Ault III, Hyperscale Data Executive Chairman, stated:
The defense business is experiencing robust demand for its power electronics business, highlighting the critical need for advanced technological solutions in today’s security landscape.
“The heightened demand demonstrates the crucial role of our defense businesses in Israel, the United Kingdom and the U.S.”
The Company, through its defense subsidiaries, is actively engaging with local and international partners to navigate the current challenges due to the growing conflict in the Middle East and is confident in its ability to fulfill its commitments.
For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors, and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at https://hyperscaledata.com/ or available at www.sec.gov.
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Hyperscale Data – Defense Subsidiaries Seeing Increase in Demand. source
