Polaris Forge 1 delivery
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
Polaris Forge 1 (400 MW) delivery dates 2H 2025 / 1H 2027.
Source (primary)
Investor Presentation (IR page (ir.applieddigital.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “Polaris Forge 1 400 MW ... Delivery Dates 2H 2025 / 1H 2027”
How we checked this
Checked on October 8, 2026. The cited source supports every part of this claim.
The lease table lists Polaris Forge 1 first, at 400 MW, with delivery dates of 2H 2025 / 1H 2027. This matches the PF1 page, where building 1 is energized and the last building is due 1H 2027.
Confirmed in the source:
- Polaris Forge 1 is a 400 MW contracted campus
- Polaris Forge 1 delivery dates are 2H 2025 / 1H 2027
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/_assets/_2ca3a6fc58e47f662a7c51ed55b80806/appliedblockchaininc/db/2905/27269/pdf/APLD_INV_June2026_Updated-compressed.pdf) in full (47,679 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “Polaris Forge 1 400 MW ... Delivery Dates 2H 2025 / 1H 2027”