Fermi Inc. (FRMI)
NASDAQ: FRMI · Real-Time Price · USD
7.98
-0.03 (-0.37%)
At close: Mar 9, 2026, 4:00 PM EDT
8.02
+0.04 (0.50%)
After-hours: Mar 9, 2026, 7:20 PM EDT

Company Description

Fermi America (NASDAQ & LSE: FRMI) 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.
Fermi logo
Country United States
Founded 2025
IPO Date Oct 1, 2025
Industry Regulated Electric
Sector Utilities
CEO Toby Neugebauer

Contact Details

Address:
620 S. Taylor St., Suite 300
Amarillo, Texas 79101-2436
United States
Phone 214 894 7855
Website fermiamerica.com

Stock Details

Ticker Symbol FRMI
Exchange NASDAQ
Stock Type Common Stock
Reporting Currency USD
IPO Price $21.00
CIK Code 0002071778
CUSIP Number 314911108
ISIN Number US3149111086
Employer ID 33-3560468
SIC Code 6798

Key Executives

Name Position
Toby Neugebauer Chief Executive Officer
Miles Everson Chief Financial Officer
Jacobo Blanes Chief Operating Officer

Latest SEC Filings

Date Type Title
Feb 25, 2026 8-K Current Report
Feb 17, 2026 SCHEDULE 13G/A Filing
Feb 10, 2026 8-K Current Report
Dec 12, 2025 8-K Current Report
Nov 14, 2025 SCHEDULE 13G Filing
Nov 14, 2025 SCHEDULE 13G Filing
Nov 14, 2025 SCHEDULE 13G Filing
Nov 12, 2025 10-Q Quarterly Report
Nov 10, 2025 8-K Current Report
Nov 6, 2025 SCHEDULE 13G Filing