Business Wire

SOAR AI’s Ohio AI Compute Campus on Track for December 31 In-Service Date, with Contracted Revenue Expected to Begin January 2027

Business Wire

Data hall transformers and cooling plant equipment being installed this week; approximately $1.2 billion of contracted capacity expected to generate approximately $175 million to $200 million of revenue in 2027

NORTH CANTON, Ohio, October 20, 2026--SOAR AI, Inc. (NYSE American: SOAR), formerly known as Volato Group, Inc. ("SOAR AI" or the "Company"), today provided a construction update on its AI compute campus in Chillicothe, Ohio. Low-voltage data hall transformers and cooling plant equipment are being installed this week, and the Company remains on schedule to place its first 4,096 AMD Instinct™ MI355X GPUs in service on December 31, 2026, with customer revenue expected to begin in January 2027.

The data hall, at a former paper mill, is being converted into an AI facility with closed-loop liquid cooling. Following the MI355X deployment, the Company intends to deploy 4,032 next-generation AMD Instinct™ MI455X GPUs on the AMD Helios™ rack-scale platform, with the data hall expected to be ready to accept them in February 2027 and a contractual in-service date of June 30, 2027. The campus has 154 megawatts of power available today and a roadmap to 480 megawatts.

Approximately $1.2 billion under contract

The GPU deployment is supported by a master services agreement and two four-year, take-or-pay orders representing $1.17 billion in aggregate contract value. The MI355X GPUs and the first 4,032 MI455X GPUs are planned to fulfill these orders, giving the Company long-term revenue visibility. Revenue under the first order is expected to begin in January 2027, subject to delivery and acceptance. Based on the contracted rates and anticipated service start dates, the Company expects these orders to generate revenue of approximately $175 million to $200 million in 2027.

Construction progress

Installation of the data hall's power and cooling equipment is under way:

  • The substation, medium-voltage distribution and turbine backup power systems are active and commissioned.

  • Low-voltage data hall transformers are being installed this week.

  • Cooling plant equipment is on site and being installed now.

  • Piping, wiring and other materials for the data hall have arrived on schedule.

Milestones ahead

Milestone

Target

4,096 AMD Instinct™ MI355X GPUs in service

December 31, 2026

Contracted customer revenue begins

January 2027

Data hall ready to accept 4,032 AMD Instinct™ MI455X GPUs on AMD Helios™

February 2027

4,032 MI455X GPUs in service (contractual date)

June 30, 2027

Up to two additional tranches of 4,032 MI455X GPUs each, for future customers

Second half of 2027, subject to financing and customer contracts