K-Tech Solutions Company Limited (NASDAQ:KMRK) rose in Thursday's premarket trading. The company provided an update on its Aurora AZ Energy joint venture in Alberta, Canada.

Initial 5 MW Phase Begins

The companies said construction has begun on the project's first 5 MW phase. The phase is designed to validate Aurora's power infrastructure with K-Tech's computing systems.

The initial build-out follows the joint venture's broader framework to deploy up to 500 MW of IT capacity. The 5 MW phase will serve as an operational proof-of-concept for a planned 100 MW flagship deployment in Alberta.

Technical Testing Underway