Digi Power X sets fiscal 2027 targets as AI data center campus advances toward launch

Digi Power X Inc (NASDAQ:DGXX, FRA:1NQ0, NEO:DGX) is targeting an annualized tally complaint of astir $250 cardinal to $300 cardinal crossed its 3 operating segments for fiscal 2027, the AI information halfway infrastructure relation said.

The institution expects its AI colocation concern to lend $80 cardinal to $100 cardinal arsenic Phase 1 of its purpose-built AI information halfway field completes a afloat twelvemonth of operations and Phase 2 begins contributing pursuing its targeted commissioning of 40 MW.

Digi Power X is targeting an aggregate of 90 MW of AI colocation capableness for fiscal 2027, which could bring full colocation gross to astir $200 million.

Digi Power X's GPU-as-a-Service platform, NeoCloudz, is expected to standard toward astir 10 MW of deployed capableness implicit the people of the year, with the institution targeting a year-end annualized tally complaint of up to $100 cardinal arsenic further GPU capableness comes online. Energy income are expected to adhd a further $12 million.

Meanwhile, operation of the company's flagship AI information halfway field remains connected track, with Phase 1 targeted for a ready-for-service day of December 2026 and Phase 2 expected to travel online by the extremity of the archetypal fiscal 4th of 2027. The institution said crews are present erecting the gathering ammunition arsenic the task moves from tract and civilian enactment into vertical construction, and that commitments are successful spot for each large long-lead instrumentality needed to implicit Phase 1, including electrical and switchgear infrastructure.

The institution is besides pursuing project-level financing to enactment its information halfway buildout, accordant with its stated penchant for non-dilutive debt, with further details expected erstwhile definitive documentation is finalized.

To enactment maturation astatine NeoCloudz, Digi Power X plans to unfastened a Silicon Valley bureau by August 2026 and is gathering retired a dedicated engineering squad for the business.

"Our squad remains focused connected delivering the milestones up of us, advancing our purpose-built AI information halfway field toward its ready-for-service targets, scaling the NeoCloudz platform, and gathering the Tier 3 infrastructure needed to conscionable accelerating request for AI compute," said Michel Amar, CEO.

"We proceed to beryllium successful a presumption to money our accelerated enlargement internally," added Paul Ciullo, CFO of Digi Power X.

As of July 2026, the institution has astir $155 cardinal successful currency and currency equivalents and nary semipermanent debt, with astir $95 cardinal successful year-to-date superior expenditures directed toward its Columbiana, Alabama campus.