Hyperscale Data Inc. (NYSE American: GPUS) said its Gresham Worldwide subsidiary secured approximately $5.4 million in new defense orders during July and August, reflecting demand for radio frequency and microwave components used in U.S. defense programs.
The orders, which are not yet recognized as revenue, will be booked as products are manufactured and delivered under applicable accounting standards. Gresham Worldwide maintains a backlog of roughly $53.7 million, according to the company’s disclosure.
Milton "Todd" Ault III, Executive Chairman of Hyperscale Data, described the new bookings as evidence of "encouraging momentum across Gresham Worldwide's RF businesses," highlighting sustained demand from the defense sector. Will Horne, Chief Executive Officer, added that the company expects Gresham Worldwide to play a larger role in bolstering the domestic defense industrial base.
Gresham Worldwide’s radio frequency divisions supply components for radar, electronic warfare, communications, and mission-critical systems used by U.S. defense contractors. The orders come amid broader efforts to expand domestic production capacity in defense-related supply chains.
Hyperscale Data, headquartered in Las Vegas, Nevada, also operates subsidiaries Sentinum Inc., which manages a digital asset data center, and Ault Capital Group Inc., which invests across financial services, digital assets, industrial services, hospitality, and defense technologies. The company plans to divest Ault Capital Group in 2027.
