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Rackspace Technology Receives Silver Award from UK Armed Forces Covenant

Silver Award UK Armed Forces Covenant 2025

Award Recognizes Rackspace’s Commitment to Veterans and Military Families

London, UK – October 9, 2025 – Rackspace Technology® (NASDAQ: RXT), a leading provider of end-to-end hybrid and AI technology solutions, today announced it has received the UK Armed Forces Covenant’s Defence Employer Recognition Scheme (ERS) Silver Award, recognizing employers who have shown exceptional support to the armed forces community, including reservists, veterans and military families.

Employers recognized have gone beyond the UK Armed Forces Covenant commitments to embed supportive employee policies, promote defence values, and advocate for service personnel in the civilian workforce with policies that include:

  • Paid leave for reservist training and mobilisation
  • Active veteran recruitment and retention policies
  • Flexible support for military families
  • Visible leadership endorsement of the Armed Forces Covenant

“Rackspace Technology is proud to support those who serve or have served in the Armed Forces and their families,” said Victoria Driscoll Senior Director, Professional Services Delivery, Rackspace Technology. “We are committed to ensuring our employee policies support active reservists, veterans and their families.”

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.     

“Disclaimer – This press release contains information that is believed to be accurate as of the date of publication. Rackspace Technology® makes no representations or warranties, express or implied, regarding the completeness or accuracy of the information contained herein. The company reserves the right to update or modify this information without prior notice. References to third-party organizations, awards, or programs are provided for informational purposes only and do not constitute an endorsement by those organizations of Rackspace Technology’s products or services. All trademarks, service marks, and company names mentioned are the property of their respective owners.”

Media Contact

Cheryl Amerine – publicrelations@rackspace.com    

About Rackspace Technology

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.

Forward-Looking Statements

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.