Volato Group secures up to $1 billion equity facility
SOAR•Volato Group entered a common stock purchase agreement for an equity facility of up to $1 billion, with no obligation to draw on it. The company expects proceeds to fund AI infrastructure expansion and cited $1.17 billion in take-or-pay orders tied to AMD GPU clusters.
1. Equity facility
Volato Group entered a common stock purchase agreement with an institutional investor for an equity facility of up to $1 billion. The company may sell shares from time to time at its discretion and is not obligated to draw on the facility.
2. AI infrastructure plans
The company expects proceeds to fund expansion of its Ohio AI infrastructure campus, where 154 MW is available, with a roadmap to 480 MW. It also plans to support development of additional AI infrastructure sites under evaluation in the US and internationally.
3. GPU cluster orders
Volato Group cited $1.17 billion of take-or-pay orders tied to dedicated AMD GPU clusters, with start dates of Dec. 31, 2026, and June 30, 2027.
