ChronoScale Announces Agreements Bringing Total Company Contracted Run-Rate Revenue to $1 Billion and Sale of Ekso Bionics Business Unit
Key Highlights
- ➤$1 billion annualized run-rate revenue targeted by calendar Q3 2027
- ➤Two AI infrastructure agreements expand ChronoScale’s contracted deployment pipeline
- ➤ChronoScale (CHRN) completes sale of Ekso Bionics business unit
- ➤Ekso divestiture redirects resources toward accelerated compute and AI infrastructure
Expert Statements
Cenly Chen, Chief Executive Officer of ChronoScale
“We view the expansion of this existing customer relationship and the onboarding of the new customer as an important validation of both the demand we are seeing and our ability to grow alongside our customers.”
Cenly Chen, Chief Executive Officer of ChronoScale
“With these agreements, together with our existing contracts and current deployment schedule, we now have agreements in place that provide for $1 billion in annualized revenue run rate during calendar 2027.”
Cenly Chen, Chief Executive Officer of ChronoScale
“Our focus is on disciplined execution and delivering the infrastructure our customers need at scale.”
Cenly Chen, Chief Executive Officer of ChronoScale
“We intend the sale of the Ekso Bionics business to allow us to further sharpen our focus and concentrate our resources on what we see as the significant opportunity ahead in AI infrastructure.”
* Expanded agreement with an existing AI infrastructure customer and new customer agreement increases contracted deployment pipeline and is expected to drive Company annualized revenue run rate to $1 billion by calendar Q3 2027 * ChronoScale completes previously disclosed sale of Ekso Bionics business unit MENLO PARK, Calif., Oct. 01, 2026 (GLOBE NEWSWIRE) -- ChronoScale Holdings Corporation (NASDAQ: CHRN) (“ChronoScale” or the “Company”), an accelerated compute platform purpose-built to support demanding artificial intelligence (AI) workloads, today announced a significant expansion of an existing customer agreement and a separate agreement with a new customer, that increases the scale of its contracted AI infrastructure deployments and further strengthens the Company’s contracted revenues.
ChronoScale has signed a contract extension with an existing AI infrastructure customer and an agreement with a new AI infrastructure customer. These two agreements extend the Company’s contracted deployment pipeline and expand its overall capacity.
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