Fermi Inc. (FRMI)
NASDAQ: FRMI · Real-Time Price · USD
8.78
-0.34 (-3.73%)
Feb 23, 2026, 12:38 PM EST - Market open

Company Description

Fermi Inc. 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.

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 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
Oct 17, 2025S-8Securities to be offered to employees in employee benefit plans