Fermi Posts Third Quarter 2025 Shareholder Letter

Fermi America™ Posts Third Quarter 2025 Shareholder Letter

Amarillo, Texas - November 11, 2025 - Fermi Inc. (d/b/a Fermi America) (Nasdaq & LSE: FRMI), which is powering tomorrow's AI to ensure America wins the intelligence race, has published a letter to its shareholders detailing the company's strong third quarter 2025 performance. The full shareholder letter is available on its investor relations website (investor.fermiamerica.com). 

Webcast and Conference Call Information 

Fermi America's management team will host an audio webcast at 8:00 am CT / 9:00 am ET on November 11, 2025 to thank the brave men and women who answered the call to serve the country, while discussing the company's results for the third quarter of 2025, providing forward-looking guidance and a business update on how Fermi is striving to ensure America wins the Manhattan Project of its time. Register for Fermi America's earnings conference call on its Investor Relations website at (investor.fermiamerica.com). 

Following the audio webcast, a replay and transcript of the call will be available on Fermi's Investor Relations website at (investor.fermiamerica.com).  The company's 10-Q will be furnished to the SEC as Exhibit 99.1 to the company's Current Report on Form 8-K prior to the November 14th deadline. 

Disclosure Information 

Fermi America uses its investor relations page (investor.fermiamerica.com), its X account (@FermiAmerica), its Facebook page (https://www.facebook.com/fermiamerica), and its LinkedIn page (linkedin.com/company/Fermi-America/) to disclose material non-public information and for complying with its disclosure obligations under Regulation FD. Accordingly, investors should monitor these websites, in addition to following Fermi America's press releases, Securities and Exchange Commission (SEC) filings, public conference calls and public webcasts. 

Investor Relations contact: 

Rodrigo Acuna  [email protected] 

Media contact: 

Lexi Swearingen 

[email protected]   

About Fermi America   

Fermi America™ (Nasdaq & LSE: FRMI) (https://fermiamerica.com/) is pioneering the development of next-generation private electric grids that deliver highly redundant power at gigawatt scale, required to create next-generation artificial intelligence. Co-founded by former U.S. Energy Secretary Rick Perry, and Co-founder and former Co-Managing Partner of Quantum Energy, Toby Neugebauer, Fermi America™ combines cutting-edge technology with a deep bench of proven world-class multi-disciplinary leaders to create the world's largest, 11 GW next-gen private grid. The behind-the-meter Project Matador campus is expected to integrate the nation's biggest combined-cycle natural gas project, one of the largest clean, new nuclear power complexes in America, utility grid power, solar power, and battery energy storage, to deliver hyperscaler artificial intelligence.  

Forward-looking Statements  

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our strategy, future operations, financial position, prospects, plans and objectives of management. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "will be," "will likely result," "should," "expects," "plans," "anticipates," "could," "would," "foresees," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," "outlook," or "continue" or the negative of these words or other similar terms or expressions. These forward-looking statements are not guarantees of future performance, but are based on management's current expectations, assumptions, and beliefs concerning future developments and their potential effect on us, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Our expectations expressed or implied in these forward-looking statements may not turn out to be correct. Our results could be materially different from our expectations because of various risks.