SOAR AI reports $1.17 billion of take‑or‑pay orders ahead of Ohio deployment
SOAR AI, Inc. announced that a master services agreement and two four‑year take‑or‑pay contracts total $1.17 billion in contracted demand before its first Ohio AI‑infrastructure campus becomes operational. The agreements include $133 million of customer prepayments and are expected to generate $175 million of revenue in 2027 and about $200 million of annual revenue once fully online. The Ohio site is slated for internal power‑on by 30 Nov 2026 and for GPU service start on 31 Dec 2026.
Why it matters
The prepayment backlog and projected revenue provide near‑term cash flow and set a revenue runway for the company, which could influence investor sentiment and valuation. The timing of the Ohio campus commissioning will determine when the company can begin recognizing the contracted revenue.
Key facts
- 1Contracted demand before first service totals $1.17 billion. stocktitan.net
- 2Customer prepayments amount to $133 million. tradingview.com
- 3The Ohio campus is targeted for internal power‑on by 30 Nov 2026. stocktitan.net
- 4GPU deployment is expected to be ready for service on 31 Dec 2026. stocktitan.net
- 5Revenue from the signed orders is projected to be $175 million in 2027. stocktitan.net
- 6Annual revenue is expected to reach approximately $200 million once both orders are in full service. stocktitan.net
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.