Rackspace Technology Receives Bronze Award from UK Armed Forces Covenant, Demonstrating Commitment to Veterans and the UK Public Sector
Rackspace receives award for supporting those who serve or have served in the Armed Forces and their families
London, UK – April 8, 2025 – Rackspace Technology® (NASDAQ: RXT), a leading provider of end-to-end hybrid and AI technology solutions, is proud to announce being awarded the Defence Employer Recognition Scheme (ERS) Bronze Award.
The Armed Forces Covenant ensures that those who serve or have served in the armed forces and their families are treated fairly. The bronze award is presented to organizations that:
- Pledge to support the armed forces, including existing or prospective employees who are members of the community.
- Promote being armed forces-friendly and are open to employing reservists, armed forces veterans (including the sick and injured), cadet instructors, and military spouses/partners.
- Sign the Armed Forces Covenant, a nationwide agreement that those who serve or have served in the armed forces are treated fairly.
Rackspace Technology’s employee resource group, RackVet, is crucial in supporting veterans and their families, fostering a community of mutual support and professional development. The company’s ongoing initiatives include dedicated recruitment efforts for veterans and reservists, partnerships with military charities, and the development of tailored support programs to help former service members transition to civilian careers in technology.
“Rackspace Technology is proud to receive the Bronze Award, which recognizes that we support those who serve or have served in the Armed Forces and their families,” said Victoria Driscoll Senior Director, Professional Services Delivery Rackspace Technology. “In addition, Rackspace commits to creating and fostering support for the armed forces in the communities in which we operate.”
Rackspace Technology’s ongoing initiatives include dedicated recruitment efforts for veterans and reservists, partnerships with military charities, and the development of tailored support programs to help former service members transition to civilian careers in technology. The company’s employee resource group, RackVet, is crucial in supporting veterans and their families and fostering a community of mutual support and professional development.
About Rackspace Technology
Rackspace Technology is a leading end-to-end hybrid cloud and AI solutions company. We can design, build, and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products, and adopt innovative technologies.
Media Contact: Natalie Silva, publicrelations@rackspace.com
Rackspace Technology® (NASDAQ: RXT) is the operator of the full enterprise AI stack from governed private cloud to AI inference and agents in production. With an Outcomes-as-a-Service model built on secure infrastructure, data foundations, and forward-deployed engineering, Rackspace delivers business results for regulated and mission-critical industries where governance, sovereignty, and uptime are non-negotiable. Learn more at
www.rackspace.com.
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking
statements generally relate to future events and can be identified by terminology such as “believe,” “may,” “will,” “potentially,” “estimate,” “continues,” “anticipate,” “intend,”
“could,” “would,” “project,” “plan,” “expect,” “is putting,” “designed to,” or the negative of such terms or other similar expressions, although not all forward-looking statements
contain these words.
These statements include, but are not limited to, Rackspace Technology’s relationship with NVIDIA and the NVIDIA Cloud Partner Program, its Enterprise AI Cloud strategy,
the anticipated capabilities, benefits and timing of its Institutional Sovereign Pod architecture, Rackspace’s outlook on the AI industry and its ability to deliver, operate, and
scale AI infrastructure and solutions for regulated, institutional and sovereign enterprises. Forward-looking statements are based on current expectations and assumptions
and are subject to risks and uncertainties that could cause actual results to differ materially, including, without limitation: Rackspace's ability to realize the anticipated
benefits of its relationship with NVIDIA and the NCP program; the availability, cost, and timing of deployment of NVIDIA and other third-party technology; Rackspace's ability
to develop, market, and scale the Institutional Sovereign Pod and related offerings on the anticipated timeline or at all; market acceptance of and demand for sovereign and
governed AI infrastructure solutions; competition in the AI infrastructure and cloud services markets; capital expenditure requirements associated with AI infrastructure
buildout; availability of financing for the AI infrastructure buildout on terms acceptable to Rackspace; Rackspace’s reliance on a limited number of technology partners,
including NVIDIA; cybersecurity, data privacy, and regulatory compliance risks associated with serving regulated and sovereign customers; general economic and industry
conditions; and other risks and uncertainties described in Rackspace's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form
10-K and Quarterly Reports on Form 10-Q. Rackspace undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information,
future events, or otherwise, except as required by law.
