Brief: Kalray Confirms 2021 And 2023 Sales Outlook

Kalray SA

12/07/2021 16:52

July 12 (Reuters) - KALRAY SA  ALKAL.PA :
    * CONTINUES TO DEPLOY ITS ACCELERATION CARDS IN ITS MARKETS
AND
CONFIRMS ITS AMBITIONS
    * CONFIRMATION OF THE 2021 AND 2023 AMBITIONS
    * H1 STABLE REVENUE IN THE CONTEXT OF A PRE-VOLUME PHASE AND
A
STILL SOLID CASH POSITION OF €18.8 MILLION
    * PREPARING TO LAUNCH AN NVME STORAGE APPLIANCE BASED ON THE
K200-LP™ ACCELERATOR CARDS, COMMERCIALLY AVAILABLE BY SEPTEMBER
    * COMMERCIAL LAUNCH OF THE BRAND NEW KALRAY K200-LP™
ACCELERATOR
CARD TARGETING VOLUME PRODUCTION SECOND HALF OF THE YEAR
    * IN H1 2021, SALES OF CARDS AND DEVELOPMENT STATIONS, AS
WELL AS
RELATED LICENSES AND SERVICES, GENERATED SALES OF € 415K ALMOST
STABLE VERSUS H1 2020 (€ 489K AS OF 30 JUNE 2020)
    * CONFIRMS ITS AMBITION TO REACH EUR 100 MILLION IN ANNUAL
NET
SALES IN 2023
    * COLLABORATION WITH VATES AND SCALEWAY TO DEPLOY AN
ACCELERATION
OFFER USING K200-LP™ CARDS FOR VIRTUALIZED ENVIRONMENTS, A MAJOR
DATA CENTER MARKET
    * COLLABORATION WITH ORANGE AND BULL/ATOS FOR THE
DEVELOPMENT OF
5G OPTIMIZED SERVERS

Source text for Eikon:  ID:nACT70195 
Further company coverage:  ALKAL.PA 

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