Volato Group Inc.

Volato Group's Alignment Engine subsidiary has entered into two four-year, take-or-pay orders with a large AI customer representing $1.17 billion in aggregate contract value, marking Alignment Engine's first major customer commitment for its AI infrastructure platform. The orders cover phased deployment of dedicated AMD GPU infrastructure at Alignment Engine's Ohio AI infrastructure campus, with the initial deployment using AMD MI355X GPUs and a contractual start date of December 31, 2026, and a second deployment using AMD MI455X GPUs starting June 30, 2027. The customer has committed to approximately $133 million in contractual prepayments, including approximately $40 million due following execution of the initial order, with the remaining prepayments scheduled in stages based on specified dates and equipment shipment milestones. The deployments will operate as dedicated, single-tenant GPU clusters, and the remaining contract value is payable over the four-year terms on a take-or-pay basis. Volato Chief Executive Officer Chris Ensey called the orders a transformational commercial milestone, and Chief Financial Officer Mark Heinen said they demonstrate a model of building infrastructure against long-term contracted demand and meaningful customer cash commitments.

Volato Group has entered into a definitive agreement to merge with Alignment Engine in a deal valued at approximately $500 million. The transaction repositions Volato around advanced AI infrastructure, high-performance computing, and data center development through Alignment Engine's powered industrial campus in Ohio. Volato will remain a publicly traded parent company following the deal. Shares of Volato rose 66.24% to $0.26 on the news.

Flyte, a subsidiary of Catheter Precision, has become the first enterprise customer of Volato AI, an artificial intelligence platform designed for business aviation. The deployment is part of Flyte's strategy to use advanced technology and automation to scale its regional private aviation platform, with expectations that Volato AI will enhance customer experience, improve operating efficiency, and increase workforce productivity across flight operations. The AI platform is expected to assist with operational workflows including customer communications, charter sales support, flight quoting, crew coordination, maintenance scheduling, dispatch support, compliance assistance, document management, and administrative processes. Flyte's CEO Marc Sellouk stated that intelligent automation will be critical for scaling operations efficiently while maintaining high customer service levels, and Volato Group's Chairman Matt Liotta noted that the partnership will help refine aviation-specific AI agents using real-world operating environments.