HPC Ellendale Facility operational timeline
Company: Applied Digital - Project: Polaris Forge 1
What the later record shows
Delivered on time · happened October 31, 2025
The first HPC building at Ellendale (Polaris Forge 1) became operational in October 2025, within calendar 2025. The 10-K says the segment began generating meaningful revenues once that building became operational.
“Our first HPC data center at the campus, with approximately 100 MW of critical IT load, became operational in October 2025.”
2026-07-29 · View 10-K View cached copy (2026-09-01)Live source ↗Archive.org ↗
“This business segment began generating meaningful revenues once the first HPC building within Polaris Forge 1 became operational in fiscal year 2026.”
2026-07-29 · View 10-K View cached copy (2026-09-01)Live source ↗Archive.org ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
HPC Ellendale Facility expected to begin generating meaningful revenues in calendar year 2025
Source (primary)
Applied Digital S-1 filed 2024-10-04 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “We anticipate that this business segment will begin generating meaningful revenues once the HPC Ellendale Facility becomes operational, which is expected in calendar year 2025.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The filing says the HPC Hosting segment will begin generating meaningful revenues once the Ellendale facility is operational, which it expects in calendar year 2025.
Confirmed in the source:
- Applied Digital expects its HPC Hosting business to begin generating meaningful revenues once the HPC Ellendale Facility becomes operational
- The HPC Ellendale Facility is expected to become operational in calendar year 2025
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315224039591/forms-1.htm) in full (130,138 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital S-1 filed 2024-10-04
Quote: “We anticipate that this business segment will begin generating meaningful revenues once the HPC Ellendale Facility becomes operational, which is expected in calendar year 2025.”
confirms View 10-K
Quote: “Our first HPC data center at the campus, with approximately 100 MW of critical IT load, became operational in October 2025.”