COPENHAGEN, Denmark - April 30, 2026 - NapatechTM (OSLO: NAPA.OL), a leading
provider of programmable Network Interface Cards (NICs), including SmartNICs and
Data Processing Units (DPUs) serving Core and AI Infrastructure markets, today
announced a strategic design win with a tier-1 global financial institution.
The multi-year deal is expected to exceed $3 million over the next two years,
with $1.5 million committed in 2026. The win further extends Napatech's
leadership in the financial services vertical of the Core Infrastructure market,
adding to an impressive roster of more than 50 fintech customers globally,
including leading trading firms, exchanges, and banks.
The solution is based on Napatech's programmable NT400 SmartNIC and software,
designed for high-performance, latency-sensitive workloads. The NT400 delivers
ultra-low latency, deterministic 400G performance, and application-aware
programmability required for mission-critical financial applications.
"This design win reflects the growing demand for deterministic performance in
Core Infrastructure environments," said Kartik Srinivasan, Chief Executive
Officer of Napatech. "Financial institutions push the limits of latency and
determinism, and our platform is designed to meet those requirements. This
engagement reinforces the demand for programmable acceleration and highlights
the strength of our technology in performance-sensitive applications."
Napatech continues to see strong demand for programmable NICs to improve
performance of applications and services across Core and AI Infrastructure
markets. This win highlights the continued growth potential from Core
Infrastructure use cases, alongside the meteoric rise in AI Infrastructure.
The contract has no implications for Napatech's financial guidance for the
full-year of 2026.
About Napatech
Napatech is the leading supplier of programmable NICs, including SmartNICs and
DPUs, used in cloud, enterprise, and telecom data centers. Through
commercial-grade software suites integrated with high-performance hardware,
Napatech accelerates network infrastructure, security, and storage workloads to
deliver best-in-class system-level performance while maximizing the availability
of server compute resources for applications, services, and revenue. Additional
information is available at www.napatech.com.
No Forward-Looking Statements
This press release may contain forward-looking statements which are only
predictions and may differ materially from actual future events or results due
to a variety of factors, including but not limited to, business conditions,
trends in the industry and markets, global economic and geopolitical conditions,
macro-economic factors, and other risks and uncertainties set forth in
Napatech's reports. The matter discussed in this release is based on current
expectations and is subject to change. Napatech will not necessarily update this
information.
Investor Relations Press and Analyst Inquiries
Klaus H. Skovrup Jarrod J.S. Siket
Chief Financial Officer Chief Product & Marketing Officer
ksk@napatech.com jjs@napatech.com
+45 4596 1500 +1 724 799 4763