Hyperscale Data Subsidiary Gresham Worldwide Announces $5.4 Million in New Defense Sector Orders Bringing Backlog to Approximately $53.7 Million
Hyperscale Data (NYSE American: GPUS) reported that its wholly owned defense subsidiary Gresham Worldwide received approximately $5.4 million in aggregate new RF and microwave orders during July and August 2026.
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Rhea-AI Summary
Hyperscale Data (NYSE American: GPUS) reported that its wholly owned defense subsidiary Gresham Worldwide received approximately $5.4 million in aggregate new RF and microwave orders during July and August 2026. These bookings relate mainly to components and subsystems for established U.S. defense programs and prime contractors, supporting radar, electronic warfare, communications and other mission‑critical systems.
According to Hyperscale Data, the new bookings increase Gresham Worldwide’s order backlog to about $53.7 million. The company emphasized that these July–August orders are not yet recognized as revenue and will be recorded as products are manufactured, delivered and revenue‑recognition criteria are met. Hyperscale Data also reiterated its plan to divest Ault Capital Group in 2027 via the exchange of previously issued Series F Exchangeable Preferred Stock for ACG Class A and Class B common shares.
Positive
- $5.4 million in new RF defense orders in July–August 2026
- Defense order backlog approximately $53.7 million at Gresham Worldwide
- New orders tied to established U.S. defense programs and prime contractors
Negative
- New bookings not recognized as revenue for July–August 2026 periods
News Explained
The planned
Details
Market move: GPUS -7.48% in the Aug 26 session. defense sector orders
On Aug 26, the day this news came out, GPUS closed 7.48% below the previous close. Argus tracked a peak move of +10.4% during that session. Argus tracked a trough of -3.6% from its starting point during tracking. Our momentum scanner recorded 22 alerts for this stock that day. Relative volume reached 1.6x the daily average during tracking.
Data tracked by StockTitan Argus for the Aug 26 session.
Key Figures
- New orders
- $5.4 million
- July and August 2026 RF businesses
- Backlog
- $53.7 million
- Gresham Worldwide
- Order period
- July and August 2026
- New bookings received
- Expected divestiture
- 2027
- Ault Capital Group
- Series F shares issued
- 1,000,000 shares
- Issued December 23, 2024
Historical Context
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Bitcoin sale generated cash and reduced debt, but the stock declined 17.17%.
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One-for-five reverse split announcement preceded a 17.17% 24-hour decline.
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Preliminary assets and book value were reported alongside a 0.53% decline.
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Board reviewed data-center alternatives while the stock gained 0.17%.
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Bitcoin holdings were disclosed while the stock gained 0.17%.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
radio frequency technical
electronic warfare technical
revenue recognition financial
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The new orders are primarily associated with the continued production and replenishment of critical components and subsystems supporting established
Milton "Todd" Ault III, Executive Chairman of Hyperscale Data, stated, "The approximately
"The work being performed across Gresham Worldwide's defense businesses extends well beyond the commercial value of these orders," said Will Horne, Chief Executive Officer of Hyperscale Data. "Strengthening the domestic defense industrial base and replenishing critical systems have become national security priorities, and we believe Gresham Worldwide, through its subsidiaries, is well positioned to play an increasingly important role. By executing on these programs, expanding production and building upon long-standing relationships with leading defense contractors, we believe we can contribute meaningfully to our nation's security while creating sustainable long-term value for Hyperscale Data and its stockholders."
These new bookings represent orders received during July and August 2026 and are not recognized as revenue during those periods. Revenue recognition will occur in accordance with applicable accounting standards as products are manufactured, delivered, and other applicable revenue-recognition criteria are satisfied.
For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data's public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.
About Hyperscale Data, Inc.
Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data's other wholly owned subsidiary, Ault Capital Group, Inc. ("ACG"), is a hybrid private equity firm and operating company that acquires, finances, builds and actively manages businesses across financial services, digital assets, industrial services, hospitality, defense technologies and other sectors.
Hyperscale Data currently expects the divestiture of ACG (the "Divestiture") to occur in 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through Ault Lending, LLC, a licensed lending subsidiary. Hyperscale Data's headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.
On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the "Series F Preferred Stock") to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the "ACG Shares"). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company's business and financial results are included in the Company's filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company's Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company's website at hyperscaledata.com.
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SOURCE Hyperscale Data Inc.
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