(Boursier.com) — Kalray specialist in hardware and software technologies dedicated to the management and intensive processing of data, announces that it has validated phase 1, corresponding to the qualification of its new generation card prototype, as part of the major contract signed in November 2022 with a player major American high-tech company.
This contract covers the development and supply of acceleration boards based on Kalray’s next-generation DPU processors, on which the customer will build its next generation of products and services. This first step was validated by the client, within the planned timetable, and represented a turnover of $1 million for Kalray in 2023.
With this first major step completed, the customer is now launching its second step, corresponding to the pre-series production of its new generation of product, which will result in first orders of several hundred cards for Kalray. Kalray has already received a first order of more than $1 million at the end of 2023, for the manufacture of several hundred cards. The third stage will be volume production, which should represent orders of several thousand cards per year, over a period of at least 5 years and which should begin from 2025. The turnover potential is estimated by Kalray at several tens of millions of euros per year.
Kalray recalls that it relies on the flexibility of its “fabless” model with industrial partners such as TSMC, the largest semiconductor manufacturer in the world, or large card manufacturers to manufacture its hardware solutions. No additional investment will therefore be necessary for Kalray to ramp up production capacities, which can already support several hundred cards per month and could rise to several thousand by the end of the year.
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