Fermi Inc. (FRMI)
NASDAQ: FRMI · Real-Time Price · USD
7.96
-0.14 (-1.73%)
At close: Mar 13, 2026, 4:00 PM EDT
8.04
+0.08 (1.00%)
After-hours: Mar 13, 2026, 7:59 PM EDT

Company Description

Fermi Inc. is an advanced energy and hyperscaler development company with a mission to power the future of artificial intelligence directly to the world's most compute-intensive businesses through its flagship initiative, Project Matador.

Co-founded by former U.S. Energy Secretary Rick Perry and Co-Founder and former Co-Managing Partner of Quantum Energy Partners Toby Neugebauer, Fermi America combines a deep bench of proven world-class multi-disciplinary leaders and 2.3GW of secured long lead time natural gas generation assets for delivery in 2026 to build the world's largest next-gen private grid campus.

Ultimately constructing 11GW of behind-the-meter, low-carbon, on-demand power, Project Matador is expected to integrate a large combined-cycle natural gas project, advanced nuclear power generation, utility grid power, solar power, and battery energy storage to support hyperscale AI and advanced computing.

Fermi Inc. was incorporated on 10th January 2025 in Texas, USA.

Fermi Inc.
Fermi logo
CountryUnited States
Founded2025
IPO DateOct 1, 2025
IndustryRegulated Electric
SectorUtilities
CEOToby Neugebauer

Contact Details

Address:
620 S. Taylor St., Suite 300
Amarillo, Texas 79101-2436
United States
Phone214 894 7855
Websitefermiamerica.com

Stock Details

Ticker SymbolFRMI
ExchangeNASDAQ
Stock TypeCommon Stock
Reporting CurrencyUSD
IPO Price$21.00
CIK Code2071778
CUSIP Number314911108
ISIN NumberUS3149111086
Employer ID33-3560468
SIC Code6798

Key Executives

NamePosition
Toby NeugebauerChief Executive Officer
Miles EversonChief Financial Officer
Jacobo BlanesChief Operating Officer

Latest SEC Filings

DateTypeTitle
Feb 25, 20268-KCurrent Report
Feb 17, 2026SCHEDULE 13G/AFiling
Feb 10, 20268-KCurrent Report
Dec 12, 20258-KCurrent Report
Nov 14, 2025SCHEDULE 13GFiling
Nov 14, 2025SCHEDULE 13GFiling
Nov 14, 2025SCHEDULE 13GFiling
Nov 12, 202510-QQuarterly Report
Nov 10, 20258-KCurrent Report
Nov 6, 2025SCHEDULE 13GFiling