HPC Ellendale Facility Operationalization
Company: Applied Digital - Project: Ellendale
What the later record shows
Delivered on time · happened October 31, 2025
The FY2026 10-K says the first ~100 MW HPC data center at Polaris Forge 1 in Ellendale, ND became operational in October 2025. That is before the calendar-2025 deadline. The site, location and 100 MW scope match the HPC Ellendale Facility.
“We are currently building two HPC focused data center facilities to provide 100 MW and 150 MW, respectively, of capacity at our Polaris Forge 1 campus in Ellendale, ND.”
2025-10-08 · Applied Digital 10-Q filed 2025-10-09 View cached copy (2026-08-31)Live source ↗
“Polaris Forge 1 Our flagship HPC campus, located in Ellendale, North Dakota, is being developed in phases.”
2026-07-29 · View 10-K View cached copy (2026-09-01)Live source ↗Archive.org ↗
“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 ↗
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 become operational in calendar year 2025 and begin generating meaningful revenues
Source (primary)
Applied Digital S-1 filed 2024-09-13 (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 states that the company expected the HPC Ellendale Facility to become operational in calendar year 2025 and that the HPC Hosting segment would begin generating meaningful revenues at that point. These are forward-looking company expectations as of September 2024, not confirmed outcomes.
Confirmed in the source:
- Applied Digital expected the HPC Ellendale Facility to become operational in calendar year 2025 (company expectation stated in its September 13, 2024 Form S-1)
- Applied Digital anticipated that its HPC Hosting Business would begin generating meaningful revenues once the HPC Ellendale Facility became operational
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000245/apld-formsx1ciminitialwarr.htm) in full (113,167 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital S-1 filed 2024-09-13
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 Applied Digital 10-Q filed 2025-10-09
Quote: “We are currently building two HPC focused data center facilities to provide 100 MW and 150 MW, respectively, of capacity at our Polaris Forge 1 campus in Ellendale, ND.”
confirms View 10-K
Quote: “Polaris Forge 1 Our flagship HPC campus, located in Ellendale, North Dakota, is being developed in phases.”