Volato Group Inc. said it will merge with Alignment Engine Inc., a U.S.-based artificial intelligence infrastructure company valued at approximately $500 million, as it pivots toward AI data center development and high-performance computing.
The transaction will reposition Volato, whose shares trade on the New York American exchange under the ticker SOAR, into the AI infrastructure sector. Alignment Engine operates an industrial campus in Ohio with 154 megawatts of available power capacity and plans to expand total capacity to 480 megawatts.
The infrastructure is designed for GPU-intensive workloads including AI training, inference, and other processing-heavy applications. Volato will remain the publicly traded parent company following the merger, with SOAR shares continuing to represent the combined entity.
Shareholder approval is not required for the merger’s completion, though Volato plans to hold a meeting to convert preferred convertible shares issued to Alignment Engine shareholders into Volato Class A common stock. The deal underscores Volato’s strategic shift announced earlier this year, when CEO Matt Liotta stated the company sought an opportunity to fundamentally scale its operations in AI infrastructure.
Alignment Engine CEO Chris Ensey highlighted the company’s existing operational advantages, noting it does not start from scratch with undeveloped land or energy procurement. 'We have an industrial campus already energized, with 154 MW available today and a clear path to 480 MW capacity,' Ensey said in a statement.
