AUSTIN, Texas--(BUSINESS WIRE)--Quantum Loophole, Inc., an innovative developer of first-of-its-kind Gigawatt-scale master planned data center communities, today announces that the company has won the Location Award 2022 in the first edition of The Tech Capital Global Awards. The Tech Capital Location Award is the only annual prize to recognize a geography for its attractiveness and investor friendly climate when dealing with digital infrastructure investors and operators.
Quantum Loophole’s master planned data center campus in Frederick County, Maryland offers city-scale infrastructure for hyperscale, colocation, and purpose-built data center developers. The more than 2,100-acre site sits just 20 miles from the Ashburn ecosystem. The company offers data center developers strategic expansion capacity while enabling rapid scale deployments to keep pace with customer demands in a highly land- and power-constrained region.
Connectivity will be enabled by the company’s QLoop network, a fiber ring, set to be one of the most robust regional conduit systems to ever be constructed, engineered to hold more than 200,000 strands of fiber, with a latency under 1ms to Ashburn. When this ring is complete, customers can buy or lease conduits or dark fiber between Ashburn and Quantum Frederick’s site in Maryland.
As with many US states, in July 2020, Maryland passed data center tax incentives that offer an exemption from the state sales and use tax for up to 20 years. This means that the data center infrastructure and servers enjoy no personal property taxation during this time, a significant benefit to colocation and enterprise data center owners and operators.
“The Quantum Loophole team has made it possible to bring this first-of-its-kind master planned data center community to Frederick County, Maryland. We are changing the way hyperscale data center developments are deployed while preserving surrounding ecology and existing historical structures,” comments Josh Snowhorn, founder and CEO of Quantum Loophole. “Quantum Loophole’s Frederick County location is in proximity to a market that is constrained for future development. It’s time for companies to ensure their future data center developments are in the right location.”
Quantum Loophole reimagines the site selection process for hyperscale and mass-scale data center developments. Its first project, in Frederick County, Maryland is designed to provide the digital infrastructure industry a 10-20 year road map inclusive of land, power, water and fiber network infrastructure.
For more information about Quantum Loophole visit: www.quantumloophole.com.
About Quantum Loophole
Quantum Loophole disrupts data center site selection offering a rapid platform delivery for land, power, connectivity, and scale. The company’s first-of-its-kind gigawatt-scale, master planned data center development uniquely addresses the scalability, connectivity, and cost-efficiency challenges of today’s large-scale deployments. Powered by innovative energy systems, hundreds of thousands of strands of fiber from multiple carriers, and mass-scale entitled land, Quantum Loophole’s master planned communities take the guesswork out of adding needed data center capacity, allowing hyperscalers, enterprises, and colocation providers speed with go-to-market capabilities. Incorporating renewable energy, land and water improvements, Quantum Loophole offers an environmentally sound approach that reduces the overall carbon footprint while fully enabling powered land with the highest level of connectivity, reliability, and security. For more information, please visit www.quantumloophole.com.
This press release contains, and our officers and representatives may from time to time make, "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will," and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding our plans for data center cities, sustainable growth and community-mindedness, ability to manage pricing pressure, and similar statements.
Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations, and assumptions regarding the future of our business, future plans, and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict, and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, economic and financial conditions, including volatility in interest and exchange rates; commodity and equity prices, and the value of financial assets, land prices, power pricing volatility, capital and/or credit market availability; the adequacy of our cash flow; strategic actions; the occurrence of hostilities; political instability or catastrophic events; changes in customer demand; the extent to which we are successful in gaining new long-term relationships with customers and the level of service failures that could lead customers to use competitors' services; and developments and changes in laws and regulations, including increased regulation of the power and data infrastructure industry through legislative action and revised rules and standards, among others.
Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.