SOAR AI installs equipment at Ohio AI compute campus

SOAR AI announced $1.17B in take-or-pay orders and $133M in customer prepayments. The company targets Ohio GPU ramp by Dec 31, 2026, following internal power-on in Nov 2026. This update follows the company's post-merger build-out phase, with future catalysts tied to on-time commissioning and revenue recognition.

SOAR AI, Inc. (NYSE: SOAR) reported $1.17B in contracted orders before its first Ohio deployment, targeting service by Dec 2026. The company expects $175M revenue in 2027, with $200M annual revenue once fully operational. SOAR AI plans phased capital deployment funded by customer prepayments and financing.

SOAR AI is converting a former paper mill into an AI computing center, with $1.2B in contracts. The facility will house 4,032 AMD Instinct MI455X GPUs by June 2027, with potential expansion. The company aims to start generating revenue in January 2027, targeting a PUE of 1.08. SOAR AI plans further GPU deployments and additional data center sites, subject to financing and customer contracts.

Volato Group (NYSE American:SOAR), rebranding as SOAR AI Inc., secured a $1 billion equity facility with an institutional investor. The company can sell shares at its discretion, with daily sales capped at $6 million. The facility supports its AI infrastructure campus in Ohio and potential industrial sites. The investor agreed not to short or hedge the stock and to limit ownership to 4.99% of outstanding shares. The agreement requires SEC registration and can be terminated with one day's notice.

SOAR AI (NYSE American: SOAR) has secured a $1 billion equity facility to support its AI infrastructure expansion, including an Ohio campus with 154 MW of power. The company controls the timing and size of any share sales, with limits on daily trading volume and ownership caps. The facility is part of SOAR AI's growth plan, which includes additional sites and customer discussions. The company expects to rebrand as SOAR AI, Inc. on October 19, 2026.

Volato Group secured a $1 billion equity line of credit with DFU, allowing share sales over 36 months with a $0.21 price floor. The company will issue commitment shares and convertible preferred stock. A registration rights agreement requires a resale registration statement by November 22, 2026.