Polaris Forge 2 operational timeline
Company: Applied Digital - Project: Polaris Forge 2
The claim, verbatim
Polaris Forge 2 set for initial operations in 2026 and full capacity in 2027
Source (primary)
Applied Digital DEF 14A filed 2025-09-22 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Set for initial operations in 2026 and full capacity in 2027”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
Both timeline elements appear verbatim in the shareholder letter.
Confirmed in the source:
- Polaris Forge 2 is set for initial operations in 2026
- Polaris Forge 2 is set to reach full capacity in 2027
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315225014495/formdef14a.htm) in full (214,994 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital DEF 14A filed 2025-09-22
Quote: “Set for initial operations in 2026 and full capacity in 2027”