--- title: "Sphere advances merger with Cathedra to create 53 MW multi-site power platform" type: "News" locale: "en" url: "https://longbridge.com/en/news/285626094.md" description: "Sphere is advancing its merger with Cathedra, aiming to establish a 53 MW managed power platform across five data centers in Iowa, Kentucky, and Tennessee. The transaction is expected to close soon, pending customary approvals. Cathedra has secured a hosting agreement for approximately 80% of its 15 MW capacity at the Shire site, enhancing revenue visibility. The combined entity will focus on modular, power-optimized infrastructure for AI and high-density workloads, with post-merger efforts directed towards integration and asset optimization." datetime: "2026-05-07T21:44:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285626094.md) - [en](https://longbridge.com/en/news/285626094.md) - [zh-HK](https://longbridge.com/zh-HK/news/285626094.md) --- # Sphere advances merger with Cathedra to create 53 MW multi-site power platform **Sphere announced the proposed combination with Cathedra remains on track and would create an initial 53 MW managed power footprint across five data centers.** **Key Highlights:** - Transaction expected to close in the near term, subject to customary closing conditions and approvals. - Combined company would initially operate 53 MW of managed power capacity across five data centers in IA, KY and TN. - Cathedra signed a hosting deal to use ~80% of 15 MW at its Shire site, ~25% of Cathedra's hosting capacity, adding revenue visibility. - Combination targets modular, power-optimized infrastructure to pursue AI, HPC and other high-density workloads. - Post-close focus on integration, asset optimization, power strategy and disciplined evaluation of workload opportunities. Original SEC Filing: Sphere 3D Corp. \[ ANY \] - 8-K - May. 07, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [ANY.US](https://longbridge.com/en/quote/ANY.US.md) ## Related News & Research - [Equinix faces challenge to Cape Town data centres over environmental concerns](https://longbridge.com/en/news/286746645.md) - [Oracle stock: 'Light at the end of the tunnel' seen for big AI spending](https://longbridge.com/en/news/287098163.md) - [Neurovia AI CTO at ISNR: Solving the AI Data Cost Dilemma and Unleashing Infrastructure Capacity | AIIO Stock News](https://longbridge.com/en/news/287049307.md) - [NextEra, Dominion Merger Reinforces Power Infrastructure Supercycle Thesis, Wedbush Says](https://longbridge.com/en/news/286792828.md) - [AI Forced Two Utilities to Merge… Here’s How to Profit](https://longbridge.com/en/news/287107470.md)