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TMCNet:  Construction Begins at Quantum Frederick's Data Campus

[June 22, 2022]

Construction Begins at Quantum Frederick's Data Campus

Quantum Loophole, Inc., an innovative developer of first-of-its-kind Gigawatt-scale, master-planned data center communities, today broke ground on critical infrastructure supporting its new Quantum Frederick site in Maryland. The initial scope of development includes power distribution and underground power ducts, water and sewer pump stations and piping, underground fiber distribution ducts, roads and entryways, and a variety of environmental projects to maintain and distribute mature growth throughout the property.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220622005619/en/

Quantum Loophole's Frederick Groundbreaking hosted local and regional officials, partners, clients and more - kicking off the mass-scale data center development project. (Photo: Business Wire)

Quantum Loophole's Frederick Groundbreaking hosted local and regional officials, partners, clients and more - kicking off the mass-scale data center development project. (Photo: Business Wire)

Quantum Loophole's first-of-its-kind data center campus offers city-scale infrastructure for hyperscale, colocation, and purpose-built data center developers. The more than 2,100-acre, master-planned site sits just 20 ms from the massive, but constrained, Ashburn ecosystem. Connectivity will be enabled by the company's QLoop network, set to be one of the most robust conduit systems to ever be constructed, able to hold more than 200,000 strands of fiber.

"We really are building something special here, for the industry and for the community," remarked Josh Snowhorn, Founder and CEO. "It's exciting to see the team's vision for sustainable and predictable data center deployments at unheard of scale becoming reality. None of this would be possible without the interest and support of the State of Maryland and of Frederick County."

First movers, like recently announced Aligned Data Centers, are able to take full advantage of state incentives for digital infrastructure investment. And they leverage critical sustainability innovations like clean power, reclaimed water, and dig-once fiber deployments enabled by Quantum Loophole's unique approach, at scale.

The infrastructure buildout includes two network centers to speed interconnection needs. The centers will feature automated robotic cross connects powered by Telescent. As a result, cross connects for Quantum Frederick operators will be delivered in minutes without a human being touching them, reducing the need for expensive truck rolls, all executed simultaneously.

Quantum Loophole reimagines the site selection process for hyperscale and mass-scale data center developments. Its first project, in Frederick County, Maryland, provides 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.

Forward-Looking Statements

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.


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