Energy Focus (NASDAQ:EFOI) shares surged 300% after announcing progress on two data center projects totaling about $7.1 million in contracts.
Project G, completed in 2025, delivered a large‑scale UPS system for a Taiwan electronics maker, generating roughly $0.5 million revenue.
Project Y, spanning 2026‑2027, involves UPS units of 250‑1250 kW and Fan Wall cooling for a major Asian data‑center developer, valued at $6.6 million.
Company says rising AI‑driven data center demand positions it for growth and pipeline extensions through 2027.