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Flagship buildout o t ack. Co st uctio of the Compa y’s pu pose-built AI data ce te campus is p og essi g o schedule. The fi st phase emai s o t ack fo a eady-fo -se vice date of Decembe 2026, with the seco d phase expected to come 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 as the p oject t a sitio s f om site a d civil wo k 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 item eeded to complete Phase 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 keeps the buildout alig ed with the Compa y’s ta geted i -se vice date. -
NeoCloudz live 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 without i te uptio o its live 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 past qua te . To suppo t the g owth of the platfo m, the Compa y expects to ope a Silico Valley office by August 2026 a d is buildi g out a dedicated e gi ee i g team 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 stated 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 data ce te buildout. Fu the details a e expected 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 healthy cash bala ce while di ecti g capital i to the Compa y’s Alabama site. Additio al details appea i the ema ks f om the Compa y’s Chief Fi a cial Office below.
“We co ti ue to be i a positio to fu d ou apid expa sio i te ally,” said Paul Ciullo, Chief Fi a cial Office of Digi Powe X. “As of July 3, 2026, the Compa y had app oximately $155 millio i cash a d cash equivale ts, with oughly $95 millio of capital al eady deployed i to ou Alabama site yea -to-date, e ti ely f om ou ow esou ces. We emai focused o adva ci g ou g owth pla without comp omisi g ou bala ce sheet as we fi alize p oject-level fi a ci g fo the ext phase.”
“We co ti ue to execute o ou g owth st ategy a d Tie 3 data ce te developme t pla s,” said Michel Ama , Chief Executive Office of Digi Powe X. “Ou team emai s focused o delive i g the milesto es ahead of us – adva ci g ou pu pose-built AI data ce te campus towa d its eady-fo -se vice ta gets, scali g the NeoCloudz platfo m, a d buildi g the Tie 3 i f ast uctu e eeded to meet 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 Data Ce te s I c. (“US Data Ce te s”), which develops a d comme cializes the ARMS modula data ce te platfo m. The Compa y co fi ms that the ARMS 200 modula u it has bee live a d ope ati g successfully at Tie 3 sta da ds at the Compa y’s Alabama facility si ce May 15, 2026, a d has bee ge e ati g AI- elated eve ues fo Digi Powe X si ce that date.
US Data Ce te s’ ARMS 200 AI- eady modula solutio at 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:
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AI colocatio . Reve ue f om the Colocatio Ag eeme t is expected to co t ibute app oximately $80-$100 millio , eflecti g a full yea of Phase 1 ope atio s a d a pa tial yea of Phase 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 up to app oximately $200 millio . -
GPU-as-a-Se vice (NeoCloudz). Reve ue is expected to scale ove the cou se of the yea towa d app oximately 10 MW of deployed capacity, ta geti g a yea -e d a ualized u ate of up to app oximately $100 millio as additio al GPU capacity is b ought o li e. -
E e gy sales. Expected to co t ibute app oximately $12 millio .
These ta gets a e subject 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” below.
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 assets a d data ce te capacity ac oss Alabama, New Yo k, a d No th Ca oli a. The Compa y’s NeoCloudz platfo m delive s GPU-as-a-Se vice o dedicated, ba e metal NVIDIA i f ast uctu e. Fo mo e i fo matio , visit www.digipowe x.com.
T adi g i the secu ities of the Compa y should be co side ed highly speculative. No stock 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 accept espo sibility fo the adequacy o accu acy of this elease.
Except fo the stateme ts of histo ical fact, 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 o expectatio s, estimates a d p ojectio s as at the date of this ews elease a d a e cove ed by safe ha bo s u de Ca adia a d U ited States secu ities laws. 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 expected timi g a d capacity of the Compa y’s AI data ce te campus, p oject-level fi a ci g, a d goals, expectatio s a d ta gets fo the busi ess of Digi Powe X. I some cases, you ca ide tify fo wa d-looki g stateme ts by te ms such as “may,” “will,” “should,” “expects,” “pla s,” “a ticipates,” “could,” “i te ds,” “ta gets,” “goals,” “p ojects,” “co templates,” “believes,” “estimates,” “fo ecasts,” “p edicts,” “pote tial” o “co ti ue” o the egative of these te ms o othe simila exp essio s. The fo wa d-looki g i fo matio is subject to a va iety of k ow a d u k ow isks, u ce tai ties a d othe impo ta t facto s that may cause ou actual 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, but ot limited to: isks elati g to co st uctio a d equipme t delive y; delive y of deployme t of equipme t may ot occu o the timeli es a ticipated by the Compa y, o at all; 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; Phase 2 deployme t of the Compa y’s pu pose-built AI data ce te campus is co ditio ed o the Compa y secu i g adequate fi a ci g, a d the e ca be o assu a ce that fi a ci g will be completed o the te ms co templated o at all; that a y additio al comme cial ag eeme ts u de discussio will be e te ed i to, o that the Silico Valley, West Vi gi ia o upstate New Yo k oppo tu ities will be ealized; global dema d fo AI computi g i f ast uctu e; fu the imp oveme ts to p ofitability a d efficie cy may ot be ealized; a d othe elated isks, some of which a e mo e fully set out i the Compa y’s a ual epo t o Fo m 10-K 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 website, 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 o i fo matio cu e tly available to the Compa y. Although 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 able, 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 should ot be put o such i fo matio due to the i he e t u ce tai ties the ei . The Compa y u de takes o obligatio to evise o update a y fo wa d-looki g i fo matio othe tha as equi ed by applicable law.
