HPC Ellendale Facility expected operational date
Company: Applied Digital
What the later record shows
Delivered on time
The first 100 MW HPC building at Polaris Forge 1 in Ellendale reached Ready-for-Service on schedule and began generating meaningful revenue in fiscal 2026.
“Achieved Ready‑for‑Service at Polaris Forge 1, delivering 100 MW on schedule and fully energizing the first building (ELN-02)”
2026-01-06 · applied-digital 8-K exhibit (apldq226earningsrelease.htm) View cached copy (2026-09-22)Live source ↗
“This business segment began generating meaningful revenues once the first HPC building within Polaris Forge 1 became operational in fiscal year 2026.”
2026-07-28 · Applied Digital 10-K filed 2026-07-29 View cached copy (2026-08-30)Live source ↗
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; anticipate meaningful revenue generation once operational
Source (primary)
Applied Digital 424B3 filed 2024-09-11 (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 prospectus states that the facility is expected to become operational in calendar 2025 and that meaningful segment revenue is anticipated once it does.
Confirmed in the source:
- The HPC Ellendale Facility is expected to become operational in calendar year 2025
- The company anticipates the HPC Hosting segment will begin generating meaningful revenue once the facility is operational
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000238/apld-prospectusyorkvillepo.htm) in full (84,274 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 424B3 filed 2024-09-11
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-K filed 2026-07-29
Quote: “This business segment began generating meaningful revenues once the first HPC building within Polaris Forge 1 became operational in fiscal year 2026.”
confirms applied-digital 8-K exhibit (apldq226earningsrelease.htm)
Quote: “Achieved Ready‑for‑Service at Polaris Forge 1, delivering 100 MW on schedule and fully energizing the first building (ELN-02)”