Volato Group secures $1B equity facility for AI infrastructure growth

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SOAR AI Secures Up to $1 Billion Equity Facility to Fund Expansion of Its AI Infrastructure Platform

October 12, 2026 8:05 AM EDT

Company-controlled facility, with no obligation to draw, is designed to support the Ohio campus and additional powered industrial sites the Company is actively exploring in the United States and internationally

NORTH CANTON, Ohio--(BUSINESS WIRE)-- Volato Group, Inc. (NYSE American: SOAR), which is in the process of rebranding as SOAR AI, Inc. (SOAR AI or the Company), today announced that it has entered into a common stock purchase agreement with an institutional investor (the Investor) for an equity facility of up to $1 billion. The Company may sell shares to the Investor from... More