This move marks a strategic shift for the Las Vegas-based company, which is pivoting from traditional data center hosting toward a vertically integrated model. CEO Will Horne noted that while the upcoming contract is smaller than the $1.2 billion master services agreement secured in June 2026, it is significant because it allows the company to deliver neocloud services directly to the end user. The company intends to release specific contract terms and deployment schedules once the deal is formalized.
Despite the positive outlook, management cautioned that there is no guarantee the final agreement will be executed within the projected timeframe or that it will reach specific revenue targets. The company continues to prepare for its broader corporate restructuring, including the planned divestiture of its Ault Capital Group subsidiary scheduled for the second quarter of 2027.
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