# SOAR AI Secures $1B Equity for AI Infrastructure Expansion

> SOAR AI's $1B equity facility funds Ohio campus growth and global AI infrastructure sites.
- Title: SOAR AI Secures $1B Equity for AI Infrastructure Expansion
- Summary: SOAR AI's $1B equity facility funds Ohio campus growth and global AI infrastructure sites. SOAR AI secured up to $1 billion in equity to expand its Ohio AI…
- Keywords: soar ai, ai infrastructure, equity facility, ohio campus, 480 mw, 154 mw, amd gpu clusters, take-or-pay orders, prepayments, brownfield sites, technology, SOAR
- Source: AI Insider — https://theaiinsider.tech/2026/10/13/soar-ai-announces-up-to-1b-equity-facility-to-fund-expansion-of-its-ai-infrastructure-platform
- Author: James Dargan
- Published: 2026-10-13T16:45:34+00:00
- Read time: 2 min
- Topics: soar ai, ai infrastructure, equity facility, ohio campus, 480 mw, 154 mw, amd gpu clusters, take-or-pay orders, prepayments, brownfield sites, ai, technology
## SOAR AI Rebrands as Volato Group
SOAR AI, formerly Volato Group, announced a $1 billion equity facility with an institutional investor to fund its Ohio AI infrastructure campus expansion.
## Ohio Campus Capacity Details
The Ohio campus currently has 154 megawatts of power and plans to reach 480 megawatts through additional brownfield sites globally.
## September Customer Orders
SOAR AI signed two four-year take-or-pay orders with a large AI customer for $1.17 billion in dedicated AMD GPU clusters, including $133 million in prepayments.
## Equity Facility Terms
The facility allows SOAR AI to control draw timing and size, with sales capped at 10% of daily trading volume and no short selling by the investor.
## Investor Ownership Limits
The investor may own no more than 4.99% of SOAR AI shares, with total issuances limited to 19.99% of shares outstanding under the facility.
## Ohio Campus Development
SOAR AI is using existing industrial sites for its Ohio campus, which will provide AI infrastructure with high-density GPU compute and networking capabilities.
## Global Expansion Strategy
SOAR AI plans to apply its Ohio campus model to additional brownfield sites in the United States and internationally for AI infrastructure.
## Funding Model Details
The facility provides on-demand capital without warrants or large share issuances, supporting growth through customer prepayments and project financing.
## CEO Commentary
CEO Chris Ensey stated the opportunity spans hundreds of megawatts across multiple sites, with the facility sized to support that growth timeline.
## CFO Commentary
CFO Mark Heinen emphasized the terms minimize market impact by controlling draw timing, sales volume, and preventing short selling.
## Name Change Timeline
SOAR AI's corporate name change from Volato Group is expected to take effect on October 19, 2026, subject to regulatory approval.
## Forward-Looking Statements
The press release includes forward-looking statements about the company's growth plans, customer orders, and financial performance through 2026.
## Investor Contact Details
Investor inquiries can be directed to investors@soarai.com, with media contacts at community@soarai.com.
## What Happens Next
SOAR AI will use the facility to fund expansion of its Ohio campus and additional global AI infrastructure sites through 2027.
## Key takeaway

SOAR AI secured up to $1 billion in equity to expand its Ohio AI infrastructure campus from 154 MW to 480 MW capacity and develop additional global sites.