Future Milestones
Development, Milestones & Exit Conditions
March 27, 2026
20 future milestones documented: critical path from JV signing through commercial launch to multi-facility expansion, 2026-2033.
20
Milestones
$45M
Series A
Q4 2028
Launch
92%
EBITDA
Critical Path to Launch
2024
LLC Registered — Georgia Virtual Zone
2024
MOU Signed — Hydroelectric plant operator(s)
Q4 2026
JV Agreement Finalized — LOI → binding contract with HPP owner
Q1 2027
GPU Order Placed — NVIDIA GR200 NVL72, 12–18 month lead time
Q1-Q2 2027
WIPO Trademark — Madrid Protocol filing (UAE, KSA, EU)
Q2 2027
Anchor Client Signed — contract before construction (SUCCESS CONDITION)
Q3 2027
Series A Closed — $45M equity, JV structure
Q3-Q4 2027
CFO Hired — $96–132K, dual-jurisdiction finance
Q1-Q2 2028
Facility Built — prefab containers, DLC cooling, HPP integration
Q2 2028
Equipment Installed — 288 GPUs, InfiniBand NDR800, remote NOC
Q3 2028
Beta Launch — anchor client, 90-day validation period
Q4 2028
Commercial Launch — 3 revenue tracks + API, 1 MW operational
Year 1 · 2029
Prove
- ~$12.85M revenue (Base)
- 92% EBITDA margin
- 7 staff (+ Prod. Manager)
- 288 GPUs, ≥85% util.
- Cash-flow positive Month 1
- CSR STEM program launch
Year 3 · 2031
Replicate
- 3–5 facilities, 3–5 MW
- 12–18 headcount
- Series B / project finance
- Singapore Pte. Ltd. (~2030)
- Managed Inference beta
- Dubai/Frankfurt presence
Year 5 · 2033
Lead
- 5–10 MW deployed
- 25–40 staff
- $50–80M revenue
- Managed Inference live
- Formal Board of Directors
- Exit optionality: 8–12× EBITDA
Key Hiring Milestones
CFO
Q3–Q4 2027
Trigger: Series A close
Production Manager
Q1–Q2 2028
Trigger: facility completion
HR Director
2029+
Trigger: headcount >15
Year 1 Financial Targets
~$12.85M
Base Case Revenue
~$15.6M
Upside Case Revenue
Expansion Roadmap
