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SOAR AI Announces It Expects To Generate $175M - $200M In Recent Signed Contracts; Plans Two Additional 4,032-GPU MI455X Tranches For Future Clients For 2027

Benzinga·10/22/2026 12:18:13
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SOAR AI, Inc. (NYSE American: SOAR) ("SOAR AI" or the "Company"), today announced that it has released an updated investor presentation providing an overview of its AI infrastructure business, contracted customer orders, deployment plan and growth strategy. The presentation is available in the Investors section of the Company’s website at ir.soarai.com and has been furnished with the U.S. Securities and Exchange CommiContracted demand before first service: A master services agreement and two four-year, take-or-pay orders with a large AI customer represent $1.17 billion in aggregate contract value and are expected to provide for approximately $133 million in customer prepayments.

  • Contracted revenue profile: Based on contractual start dates, the signed orders are expected to generate $175 million to $200 million of revenue in 2027 and approximately $294 million of annual revenue once both orders are in full service.
  • Revenue support for the first deployment: A three-year revenue backstop of approximately $215 million supports the initial deployment of 4,096 AMD Instinct™ MI355X GPUs.
  • Clear path to service: The Ohio campus is targeted for internal power-on by November 30, 2026, with the initial GPU deployment targeted to be ready for service on December 31, 2026. The second contracted deployment of 4,032 AMD Instinct MI455X GPUs on the Helios rack-scale platform could enter service as early as April 2027, ahead of its June 30, 2027 contractual start date.
  • Room to grow: Two additional 4,032-GPU MI455X tranches for future customers are planned for 2027, which could bring the Ohio campus to as many as 16,192 GPUs. The site has 154 MW of power available today and a roadmap to 480 MW.
  • Disciplined, phased capital plan: Each deployment phase will be committed only when its customer contracts and financing are in place and are expected to be funded through a combination of customer prepayments, equipment and senior debt, and equity.
  • Repeatable model: The Company is actively pursuing a scalable, repeatable growth strategy by exploring additional AI infrastructure locations in the United States and internationally, including repurposed industrial sites and greenfield sites with access to behind-the-meter power.ssion (the "SEC") in a Current Report on Form 8-K.