TECHNOLOGY & AI

Brightray signs LOI to supply planned 10MW prefabricated AI data center in Indiana

Brightray Veridian signed a non‑binding letter of intent on Oct. 6, 2026 to supply a planned 10MW prefabricated AI data center in Indiana, aiming for a Tier III design basis and a target annual PUE below 1.2. The partner intends to issue a purchase order by Nov. 15, 2026; the LOI expires Oct. 6, 2027.

News BriefBy BusinessIndy News DeskCommentsPublished October 15, 2026 at 12:50 AM EDTLinked source published October 14, 2026 at 8:30 AM EDT.

AI-generated illustration of the topic: Brightray signs LOI to supply planned 10MW prefabricated AI data center in Indiana — AI illustration · Not a photograph of the reported event.

Brightray Veridian Pte. Ltd. entered into a letter of intent on 2026-10-06 with a U.S.-based mission-critical infrastructure partner for a planned 10MW prefabricated AI data center project in Indiana. Brightray said it would supply design, manufacture, integration, delivery and related services and plans factory pre‑integration of data‑hall modules.

The LOI is non‑binding, will expire 12 months after the Oct. 6, 2026 signing (Oct. 6, 2027) and says final design, technical specifications and delivery arrangements remain subject to definitive agreement, site and power conditions, approvals and equipment supply. The partner intends to issue a purchase order by 2026-11-15. Source: PR Newswire release (Oct. 14, 2026) reporting the Oct. 6, 2026 LOI: https://www.prnewswire.com/news-releases/brightray-signs-letter-of-intent-for-planned-10mw-ai-data-center-project-in-the-united-states-302908490.html

WHY IT MATTERS

What changed and who this affects: Brightray’s LOI signals a planned factory‑built, 10-megawatt AI data center project located in Indiana that would be configured for high‑density AI equipment, including compatibility with NVIDIA’s GB300 platform as stated in the release. That matters to site owners, data‑center planners and local permitting authorities because prefabricated modules shift much of the construction and system integration into factory settings and shorten on‑site work to placement, interface connections and commissioning, per Brightray.

What the technical goals mean: the LOI references a Tier III design basis and sets a target annual PUE (power usage effectiveness) below 1.2. The release treats those as design targets rather than finished certifications or guarantees: final specifications and any certification will depend on the later definitive contract, site and power conditions and equipment availability. The company also described a one‑year target for overall U.S. project delivery assuming parallel factory prefabrication and on‑site foundation work.

Next steps to watch: the partner’s intended purchase‑order date (2026-11-15) and whether the parties execute a definitive contract before the LOI expires on 2027-10-06. The release expressly disclaims any assurance the project will proceed until a definitive agreement and required approvals are in place.

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BusinessIndy examines this development and its implications for Indiana businesses and communities using the linked sources.

Sources

PR Newswire (issuer release): Brightray Signs Letter of Intent for Planned 10MW AI Data Center Project in the United States ↗

Linked source published October 14, 2026 at 8:30 AM EDT. A sourced news brief; no independent staff reporting is implied. Prepared with AI assistance from the linked research; material claims remain attributed in the article.

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