Digi Power X Provides Operations and Financial Update
-
Flagship buildout o t ack. Co st uctio of the Compa y’s pu pose-built AI knowledge ce te campus is p og essi g o schedule. The fi st part emai s o t ack fo a eady-fo -se vice date of Decembe 2026, with the seco d part anticipated to return o li e by the e d of the fi st fiscal qua te of 2027. C ews a e cu e tly e ecti g the buildi g shell, ma ki g a sig ifica t co st uctio milesto e because the p oject t a sitio s f om website a d civil wo okay to ve tical co st uctio . -
All lo g-lead equipme t secu ed. Commitme ts a e ow i place fo eve y majo lo g-lead merchandise eeded to finish Section 1, i cludi g the c itical elect ical a d switchgea i f ast uctu e. Locki g i this equipme t mitigates a sig ifica t scheduli g isk a d retains the buildout alig ed with the Compa y’s ta geted i -se vice date. -
NeoCloudz dwell a d ge e ati g AI eve ues. NeoCloudz, the Compa y’s GPU-as-a-Se vice platfo m, has u AI wo kloads with out i te uptio o its dwell fleet of NVIDIA B200 a d B300 GPUs si ce the seco d qua te of 2026. The platfo m co t ibuted to the Compa y’s fi st AI- elated eve ues du i g the previous qua te . To suppo t the g owth of the platfo m, the Compa y expects to ope a Silico Valley workplace by August 2026 a d is buildi g out a devoted e gi ee i g workforce fo its GPU-as-a-Se vice busi ess. -
P oject fi a ci g movi g fo wa d. I keepi g with its acknowledged p efe e ce fo o -dilutive debt to fu d g owth, the Compa y is putti g p oject-level fi a ci g i place to u de w ite its knowledge ce te buildout. Fu the particulars a e anticipated o ce defi itive docume tatio is fi alized. -
St o g, self-fu ded fi a cial positio . Beyo d the a ticipated p oject fi a ci g, the Compa y is adva ci g its expa sio usi g i te al esou ces a d st ivi g to sustai a wholesome money bala ce whereas di ecti g capital i to the Compa y’s Alabama website. Additio al particulars appea i the ema ks f om the Compa y’s Chief Fi a cial Workplace beneath.
“We co ti ue to be i a positio to fu d ou apid expa sio i te ally,” stated Paul Ciullo, Chief Fi a cial Workplace of Digi Powe X. “As of July 3, 2026, the Compa y had app oximately $155 millio i money a d money equivale ts, with oughly $95 millio of capital al eady deployed i to ou Alabama website yea -to-date, e ti ely f om ou ow esou ces. We emai targeted o adva ci g ou g owth pla with out comp omisi g ou bala ce sheet as we fi alize p oject-level fi a ci g fo the ext part.”
“We co ti ue to execute o ou g owth st ategy a d Tie 3 knowledge ce te developme t pla s,” stated Michel Ama , Chief Government Workplace of Digi Powe X. “Ou workforce emai s targeted o delive i g the milesto es forward of us – adva ci g ou pu pose-built AI knowledge ce te campus towa d its eady-fo -se vice ta will get, scali g the NeoCloudz platfo m, a d buildi g the Tie 3 i f ast uctu e eeded to fulfill accele ati g dema d fo AI compute. We emai co fide t i ou st ategy a d a e executi g o ou pla s with discipli e.”
Digi Powe X is a majo sha eholde of US Information Ce te s I c. (“US Information Ce te s”), which develops a d comme cializes the ARMS modula knowledge ce te platfo m. The Compa y co fi ms that the ARMS 200 modula u it has bee dwell a d ope ati g efficiently at Tie 3 sta da ds on the Compa y’s Alabama facility si ce Could 15, 2026, a d has bee ge e ati g AI- elated eve ues fo Digi Powe X si ce that date.
US Information Ce te s’ ARMS 200 AI- eady modula solutio on the Compa y’s Columbia a, Alabama campus.
Fo fiscal 2027, Digi Powe X is ta geti g a a ualized u ate of app oximately $250-$300 millio ac oss its th ee ope ati g segme ts:
-
AI colocatio . Reve ue f om the Colocatio Ag eeme t is predicted to co t ibute app oximately $80-$100 millio , eflecti g a full yea of Section 1 ope atio s a d a pa tial yea of Section 2 followi g its ta geted commissio i g (40 MW). The Compa y is ta geti g a agg egate of 90 MW of AI colocatio fo fiscal 2027 (50 MW i additio to the Colocatio Ag eeme t), fo agg egate colocatio eve ues of as much as app oximately $200 millio . -
GPU-as-a-Se vice (NeoCloudz). Reve ue is predicted to scale ove the cou se of the yea towa d app oximately 10 MW of deployed capability, ta geti g a yea -e d a ualized u ate of as much as app oximately $100 millio as additio al GPU capability is b ought o li e. -
E e gy gross sales. Anticipated to co t ibute app oximately $12 millio .
These ta will get a e topic to executio , custome amp, fi a ci g availability a d the othe facto s desc ibed u de “Fo wa d-Looki g Stateme ts” beneath.
Digi Powe X is a AI i f ast uctu e compa y, ope ati g a ve tically i teg ated po tfolio of powe property a d knowledge ce te capability ac oss Alabama, New Yo okay, a d No th Ca oli a. The Compa y’s NeoCloudz platfo m delive s GPU-as-a-Se vice o devoted, ba e metallic NVIDIA i f ast uctu e. Fo mo e i fo matio , go to www.digipowe x.com.
T adi g i the secu ities of the Compa y ought to be co aspect ed extremely speculative. No inventory excha ge, secu ities commissio o othe egulato y autho ity has app oved o disapp oved the i fo matio co tai ed he ei . Cboe Ca ada does ot settle for espo sibility fo the adequacy o accu acy of this elease.
Besides fo the stateme ts of histo ical reality, this ews elease co tai s “fo wa d-looki g i fo matio ” a d “fo wa d-looki g stateme ts” (collectively, “fo wa d-looki g i fo matio “) {that a} e based mostly o expectatio s, estimates a d p ojectio s as on the date of this ews elease a d a e cove ed by secure ha bo s u de Ca adia a d U ited States secu ities legal guidelines. Fo wa d-looki g i fo matio i this ews elease i cludes the stateme ts u de the headi g “2027 Outlook,” stateme ts ega di g the co st uctio , buildout a d anticipated timi g a d capability of the Compa y’s AI knowledge ce te campus, p oject-level fi a ci g, a d targets, expectatio s a d ta will get fo the busi ess of Digi Powe X. I some instances, you ca ide tify fo wa d-looki g stateme ts by te ms akin to “could,” “will,” “ought to,” “expects,” “pla s,” “a ticipates,” “may,” “i te ds,” “ta will get,” “targets,” “p ojects,” “co templates,” “believes,” “estimates,” “fo ecasts,” “p edicts,” “pote tial” o “co ti ue” o the egative of those te ms o othe simila exp essio s. The fo wa d-looki g i fo matio is topic to a va iety of okay ow a d u okay ow isks, u ce tai ties a d othe impo ta t facto s which will trigger ou precise esults, pe fo ma ce o achieveme ts to be mate ially diffe e t f om a y futu e esults, pe fo ma ce o achieveme ts exp essed o implied by the fo wa d-looki g stateme ts, i cludi g, however ot restricted to: isks elati g to co st uctio a d equipme t delive y; delive y of deployme t of equipme t could ot occu o the timeli es a ticipated by the Compa y, o in any respect; fi a ci g availability a d te ms; cou te pa ty pe fo ma ce; pe mitti g a d i te co ectio , egulato y matte s, a d ge e al eco omic a d ma ket co ditio s; Section 2 deployme t of the Compa y’s pu pose-built AI knowledge ce te campus is co ditio ed o the Compa y secu i g sufficient fi a ci g, a d the e ca be o assu a ce that fi a ci g will likely be accomplished o the te ms co templated o in any respect; {that a} y additio al comme cial ag eeme ts u de discussio will likely be e te ed i to, o that the Silico Valley, West Vi gi ia o upstate New Yo okay oppo tu ities will likely be ealized; international dema d fo AI computi g i f ast uctu e; fu the imp oveme ts to p ofitability a d efficie cy could ot be ealized; a d othe elated isks, a few of which a e mo e totally set out i the Compa y’s a ual epo t o Fo m 10-Ok fo the yea e ded Decembe 31, 2025 a d othe docume ts disclosed i the Compa y’s fili gs at www.seda plus.ca a d i the Compa y’s a ual, qua te ly a d cu e t epo ts filed with the SEC o its web site, www.SEC.gov/EDGAR. The fo wa d-looki g i fo matio i this ews elease eflects the cu e t expectatio s, assumptio s a d/o beliefs of the Compa y based mostly o i fo matio cu e tly obtainable to the Compa y. Though the Compa y believes that the assumptio s i he e t i the fo wa d-looki g i fo matio a e easo ready, fo wa d-looki g i fo matio is ot a gua a tee of futu e pe fo ma ce a d acco di gly u due elia ce ought to ot be put o such i fo matio as a result of i he e t u ce tai ties the ei . The Compa y u de takes o obligatio to evise o replace a y fo wa d-looki g i fo matio othe tha as equi ed by relevant legislation.
