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Firmus

OperatorNeocloud

Firmus provides AI-driven software solutions for the preconstruction phase of construction projects. Their platform analyses construction drawings to identify and mitigate risks, detect errors, and scope gaps. This helps general contractors, architects, and developers make more informed decisions, improve bidding accuracy, and automate time-consuming tasks. The company's AI tools scan hundreds of drawing sheets, offering comprehensive analytics and reports. The platform facilitates issue resolution through cloud-based tools and team collaboration, supporting iterative analysis as designs progress and enabling continuous risk assessment.

At a glance

Facilities tracked

1

Markets

1

Pipeline

350+ MW

Total potential

350+ MW

Pipeline is under construction plus announced. Total potential counts every megawatt once, including expansion headroom at existing sites.

Company Overview

Ownership Type

Subsidiary

Recent Activity

  • IPOSep 21, 2026$5B

    Australia's Firmus to launch $5 billion IPO on October 6, term sheet shows

    Australian data centre operator Firmus announced an initial public offering of A$7 billion (approximately $5 billion USD) to institutional investors on September 21, 2026, with shares set to begin trading on the Australian Securities Exchange on October 22, according to a term sheet reviewed by Reuters.

  • Lease signedSep 9, 2026

    OpenAI signs capacity deal with Firmus for Malaysia data centers

    OpenAI has signed a multi-year agreement with Australian AI infrastructure developer Firmus for dedicated computing capacity at two data center sites in Malaysia, becoming an anchor customer.

  • PartnershipSep 8, 2026

    Firmus to provide compute capacity to OpenAI in Malaysia

    Firmus will provide compute capacity to OpenAI in Malaysia.

  • FinancingSep 4, 2026$300M

    Firmus invests US$300m in SUBCO's APX East subsea cable capacity

    Firmus Technologies has signed a US$300 million agreement with SUBCO to secure 150 terabits per second of capacity on the APX East subsea cable system for at least 25 years, beginning when the system becomes operational in late 2028. The deal supports Firmus's plans to build AI data centres across Australia and the Asia Pacific region, and builds on an existing agreement to expand Tasmania's undersea cable capacity to mainland Australia.

  • Permit filedAug 26, 2026

    Firmus lodges planning application for Wesley Vale AI data centre in Tasmania

    Australian AI infrastructure company Firmus Technologies has filed a planning application with Latrobe Council for a proposed AI-focused data centre at Wesley Vale in Tasmania. The facility would include a 2,689 sqm data hall, 20 adiabatic cooling units and 20 chillers, four 250kL make-up water tanks, and 40 containerised diesel backup generators. The development, located at the site of the former Wesley Vale pulp mill, is designed for continuous operation and would support over 20 permanent full-time employees once operational. The planning application is now subject to council assessment, with the public notice period allowing representations on the proposal.

  • AcquisitionAug 21, 2026

    Firmus Technologies to acquire Benmax's fabrication, design and projects business

    Firmus Technologies has agreed to acquire Benmax's fabrication, design and projects business.

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