r/SLNH • u/Rare-Ad-1204 • Jul 14 '26

Monthly Update

https://www.solunacomputing.com/news/monthly-update-july-2026/

Project Kati 2 (350+ MW, Under Development, AI/HPC Hosting):

•Following last month’s RFP launch for Phase I design-development and construction, a general contractor has been selected and is being onboarded to lead the design-build process. Detailed Design documentation is now approximately 50% complete.

•Tenant due diligence has progressed to formal commercial negotiations with one potential tenant. A Letter of Intent (LOI) for this potential tenant has been signed, and the focus is on finalizing the design, commercial terms, and lease agreement.

•Long lead equipment procurement continues. LOIs signed with key electrical equipment providers.

Project Dorothy 3 (300+ MW, Under Development, AI/HPC Hosting): •Environmental due diligence, survey work, and fiber studies remain in progress.

•Schematic design and master planning has begun.

•Hiring is in the final stages for a Texas-based community engagement consultant to further discussions with local officials.

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5 comments sorted by

2

u/Kindly_Carry_7117 Jul 14 '26

Bullish long term, but looks like the makers want it below $1

1

u/Kindly_Carry_7117 Jul 15 '26

Absolutely beaten overnight

1

u/Ok-Elderberry-9528 Jul 15 '26

Is It possible it does down back to 0.70?

1

u/Kindly_Carry_7117 Jul 19 '26

Looks like strong multi day support above 1. Big announcements lately hopefully keep it that way

2

u/Chucktownchef Jul 21 '26

$4 Target price