KALRAY overview

Grenoble, February 27, 2025 - Kalray (Euronext Growth Paris: ALKAL) provides an update on its current financial situation and next steps. EXTENSION OF LIQUIDITY HORIZON Further to the sale of its “Data Acceleration Platform” subsidiary - announced in the press release dated February 5, 2025 - and ongoing discussions with strategic partners and suppliers, the Company now estimates that its financing horizon, previously assessed until March 1, 2025 [1] , has been extended to end of May 2025,...

Grenoble, February 14th, 2025 - Kalray (Euronext Growth Paris: ALKAL), p rovider of hardware and software technologies dedicated to data management and high-performance processing from Cloud to Edge, provides an update on its equity line signed with IRIS, established on July 11th, 2024. The Company recalls that on July 11th, 2024, it entered into an equity line for a total maximum amount of €10 million through the issuance of warrants (the “Warrants”) to issue bonds redeemable in new...

2024 revenue of €24.8M (compared to €25.7M in 2023), with a second-half increase compared to first half, as expected; Anticipated 2024 EBITDA of approximately -€8M; Sale of all assets of the Enterprise "Data Acceleration Platform" business unit to U.S.-based company DataCore Software, a key player in infrastructure and data management, for up to $20M, with an initial payment of $12.5M; Unchanged cash horizon and continued discussions with partners and suppliers to extend the Company's...

Grenoble, January 29 th , 2025 Kalray (Euronext Growth Paris: ALKAL) announces that discussions regarding the asset disposal of its " Data Acceleration Platform " activity [1] are progressing well and a signing could occur in the coming days. Considering this transaction, and to provide the market with a clearer and updated view of the Company, Kalray has decided to postpone for few days the publication of its 2024 annual revenue, initially scheduled for January 30, 2025, after market close....

Grenoble, January 2 nd , 2025 - Kalray (Euronext Growth Paris: ALKAL) announces that it has received a non-binding letter of intent to acquire the assets of its " Data Acceleration Platform " activity and provides an update on its financial situation. Kalray has announced a general review of its strategic options, including the possibility of asset disposals [1] . In this context, Kalray has received a non-binding letter of intent to acquire its “ Data Acceleration Platform” activity...

Grenoble, December, 4 th , 2024 - Kalray (Euronext Growth Paris: ALKAL), a leader in hardware and software technologies dedicated to the management and intensive processing of data from the Cloud to the Edge, is launching a strategic review of its assets. In September, Kalray announced an organizational action plan focused on cost reductions [1] , currently being implemented, as well as the addition of a "design-on-demand" for acceleration solutions within its historic business of DPU...