NC-1 initial capacity operational date
Company: WhiteFiber - Project: NC-1
What the later record shows
Delivered late · new target April 30, 2026
The 10-K moved completion to April 2026 and first revenue from May to June 2026. By the Q2 2026 call, initial billing had commenced. Neither the Q1 completion date nor the May revenue date was met as originally stated.
“We intend to complete the first phase of construction 27MW (gross) of NC-1 facility April 2026. Management expects NC-1 to start generating revenue in June of 2026.”
2026-03-25 · WhiteFiber 10-K filed 2026-03-26 View cached copy (2026-08-31)Live source ↗
“Samir Tabar, the CEO, mentioned that initial billing commenced and expected the full 40 MW to have reached run-rate billing by the end of August.”
2026-09-30 · WYFI Stock Rallies 56% in 6 Months: Here's What You Should Know - Zacks Investment Research View cached copy (2026-10-01)Live source ↗Archive.org ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Initial capacity of 24 MW gross for NC-1 site will be completed and operational in first quarter of 2026, with revenue generation expected in May 2026
Source (primary)
WhiteFiber S-1/A filed 2025-08-01 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “We estimate that the initial capacity of 24 MW (gross) for the NC-1 site will be completed and operational in the first quarter of 2026. Management expects the NC-1 site will start to generate revenue in May 2026.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The prospectus states both the Q1 2026 completion estimate for NC-1's initial 24 MW (gross) and management's expectation of revenue starting in May 2026.
Confirmed in the source:
- WhiteFiber estimates the initial 24 MW (gross) of capacity at the NC-1 site will be completed and operational in the first quarter of 2026
- Management expects the NC-1 site to start generating revenue in May 2026
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/2042022/000121390025070709/ea0249945-04.htm) in full (845,158 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WhiteFiber S-1/A filed 2025-08-01
Quote: “We estimate that the initial capacity of 24 MW (gross) for the NC-1 site will be completed and operational in the first quarter of 2026. Management expects the NC-1 site will start to generate revenue in May 2026.”
confirms WhiteFiber 10-K filed 2026-03-26
Quote: “We intend to complete the first phase of construction 27MW (gross) of NC-1 facility April 2026. Management expects NC-1 to start generating revenue in June of 2026.”
confirms WYFI Stock Rallies 56% in 6 Months: Here's What You Should Know - Zacks Investment Research
Quote: “Samir Tabar, the CEO, mentioned that initial billing commenced and expected the full 40 MW to have reached run-rate billing by the end of August.”