Boost Run Continues to Convert Backlog to Recurring Revenue as New Deployments Go Live, Backed by Non-Dilutive Financing
Business Wire•26/10/2026•16:05 ET
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Key Highlights
- ➤$525.6 million five-year AI cloud services agreement signed in September
- ➤More than $600 million in non-dilutive project financing closed year to date
- ➤First project phase delivered to a leading AI research and product company
- ➤Deployed colocation capacity expected to reach approximately 40 MW by end-2026
- ➤Additional projects nearing hand-off will further expand Boost Run’s revenue base
Expert Statements
Andrew Karos, Founder and CEO of Boost Run
“Boost Run deployments are backed by multi-year customer contracts, which allows us to structure our project delivery against non-dilutive, shorter-term funding.”
Andrew Karos, Founder and CEO of Boost Run
“Each project’s financing is structured to be repaid well before its contract ends, and the duration of our contracts is increasing.”
Andrew Karos, Founder and CEO of Boost Run
“Customer payments exceed our debt payments every month, and once debt is repaid, the remaining contract term generates significantly higher margins.”
Andrew Karos, Founder and CEO of Boost Run
“We are building Boost Run for the long term.”
Andrew Karos, Founder and CEO of Boost Run
“Customer demand for compute remains strong, and we believe our focus on customers, hardware, colocation and financing positions us to capture it.”
Boost Run Continues to Convert Backlog to Recurring Revenue as New Deployments Go Live, Backed by Non-Dilutive Financing
First project phase delivered to a leading AI research and product company
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