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1606 Corp. signs LOI with EthosEnergy O&M for 55 MW Lufkin power facility operations and maintenance.

Company Fundamentals
08 Sep 2026
MCAP MediaWire
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Bullish
1606 Corp. signs LOI with EthosEnergy O&M for 55 MW Lufkin power facility operations and maintenance.

1606 Corp. has signed a non-binding Letter of Intent (LOI) with EthosEnergy O&M to manage operations and maintenance of its planned 55 MW power facility in Lufkin, Texas, aimed at supporting data centers and AI applications. EthosEnergy O&M brings extensive experience managing over 200 power-generation facilities. The acquisition of the Lufkin project is expected to close by October 31, 2026, but financing is not yet secured. The LOI sets the stage for a definitive agreement to ensure smooth operation and recommissioning of the facility once acquired.

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Adia Med surpasses Nasdaq's 300 round-lot shareholder minimum for potential uplisting.

Adia Med surpasses Nasdaq's 300 round-lot shareholder minimum for potential uplisting.

Adia Med has verified it has 361 round-lot shareholders, exceeding Nasdaq Capital Market's minimum requirement of 300 for an initial listing. This milestone is part of Adia Med's ongoing efforts to meet Nasdaq's listing standards, though other criter...

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QIMC launches 78 km non-invasive seismic surveys in Québec and Nova Scotia for natural hydrogen exploration

QIMC launches 78 km non-invasive seismic surveys in Québec and Nova Scotia for natural hydrogen exploration

Québec Innovative Materials Corp. (QIMC) has started two large-scale, non-invasive 2D seismic surveys totaling about 78 line-kilometres to explore natural hydrogen in Québec and Nova Scotia. The 36 km survey in Québec is in partnership with the Témis...

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Harmonic launches cOS SensAI to simplify broadband operations and boost service quality with AI-driven insights.

Harmonic launches cOS SensAI to simplify broadband operations and boost service quality with AI-driven insights.

Harmonic introduced cOS SensAI, a vendor-neutral software platform that integrates diverse broadband network data into a unified system to provide actionable insights. This tool helps broadband providers reduce operational complexity, improve custome...

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Genprex to present updates on cancer and diabetes gene therapies at H.C. Wainwright conference

Genprex to present updates on cancer and diabetes gene therapies at H.C. Wainwright conference

Genprex, a clinical-stage biotech company, will present its lead oncology gene therapy, Reqorsa®, and its preclinical diabetes program at the H.C. Wainwright 28th Annual Global Investment Conference in New York City on September 14, 2026. The present...

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Innovative Eyewear partners with Directed Electronics for exclusive smart eyewear distribution in Australia and New Zealand.

Innovative Eyewear partners with Directed Electronics for exclusive smart eyewear distribution in Australia and New Zealand.

Innovative Eyewear has formed an exclusive distribution partnership with Directed Electronics to market its Lucyd and Reebok smart eyewear products in Australia and New Zealand. Directed Electronics brings over 20 years of experience in consumer elec...

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