on KALRAY (EPA:ALKAL)
Kalray Quadruples Revenue in 2025, Forecasts Positive EBITDA
Kalray, a leader in hardware and software technologies for data processing, has announced a significant revenue increase for 2025, reaching €16.5 million, aligned with projections. This performance marks a fourfold increase from €3.6 million in 2024 to €14.3 million in 2025, following the sale of its Data Acceleration Platform business. The company attributes this growth to its strategic partnership with Openchip, which has become a pivotal element in its new business model.
Kalray's revenue boost is supported by a non-exclusive license agreement and a substantial services contract with Openchip. Extensive industrial cooperation efforts with Openchip are pivotal, driving Kalray towards enhanced profitability and a strongly positive EBITDA forecasted for the fiscal year 2025.
Kalray's revenue achievements, combined with improving operational performance, are expected to extend the company's financial runway beyond June 30, 2026. The company continues to explore new opportunities, particularly in AI, telecommunications, space, and defense sectors.
R. E.
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