Project Nautilus location and power source
Company: TeraWulf - Project: Nautilus
The claim, verbatim
Project Nautilus is located in Tompkins County, New York and harnesses hydroelectric power sourced from NYSEG grid
Source (primary)
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 266,607 Shares of TeraWulf Inc. $WULF - MarketBeat (-, news_article)
View cached copy (2026-09-05)Live source ↗Archive.org ↗
Quote: “One of TeraWulf's flagship projects is 'Project Nautilus,' located in Tompkins County, New York, which harnesses hydroelectric power sourced from the New York State Electric & Gas (NYSEG) grid”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document's company profile states Project Nautilus is in Tompkins County, NY and uses hydroelectric power from the NYSEG grid.
Confirmed in the source:
- Project Nautilus is located in Tompkins County, New York
- Project Nautilus harnesses hydroelectric power sourced from the NYSEG grid
What we did: Read our cached copy of the publisher (https://www.marketbeat.com/instant-alerts/filing-ubs-am-a-distinct-business-unit-of-ubs-asset-management-americas-llc-acquires-266607-shares-of-terawulf-inc-wulf-2026-09-05/) in full (18,131 characters, retrieved September 5, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 266,607 Shares of TeraWulf Inc. $WULF - MarketBeat
Quote: “One of TeraWulf's flagship projects is 'Project Nautilus,' located in Tompkins County, New York, which harnesses hydroelectric power sourced from the New York State Electric & Gas (NYSEG) grid”