Polaris Forge 2 capacity milestones
Company: Applied Digital - Project: Polaris Forge 2
The claim, verbatim
Polaris Forge 2, 200 MW campus near Harwood, North Dakota, anticipated to reach initial capacity in second half of 2026 and full capacity in early 2027
Source (primary)
View 10-K (IR page (ir.applieddigital.com), ir_release)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “We currently anticipate reaching initial capacity in the second half of calendar year 2026 and full capacity in early calendar year 2027”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The filing describes the 200 MW Polaris Forge 2 campus near Harwood and gives the second-half 2026 and early 2027 capacity targets.
Confirmed in the source:
- Polaris Forge 2 is located near Harwood, North Dakota
- Polaris Forge 2 has an initial 200 MW data center, fully contracted at 200 MW
- The company anticipates reaching initial capacity in the second half of calendar year 2026
- The company anticipates reaching full capacity in early calendar year 2027
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/sec-filings/all-sec-filings/content/0001144879-26-000048/0001144879-26-000048.pdf) in full (630,756 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms View 10-K
Quote: “We currently anticipate reaching initial capacity in the second half of calendar year 2026 and full capacity in early calendar year 2027”