Kalray extends its agreement with Openchip for 12 months for approximately 5 M€
Kalray, listed on Euronext Growth Paris, announced on October 14, 2026 the signing of a 12-month extension to its technology agreement with Openchip. This extension prolongs a collaboration initiated in 2025, focused on acceleration chips for artificial intelligence and high-performance computing.
Kalray will continue to develop Openchip's acceleration chips
The agreement was concluded with Openchip & Software Technologies S.L. Its purpose is to continue the development of acceleration technologies intended for high-performance computing (HPC) and artificial intelligence (AI).
Concretely, Kalray will continue to provide its expertise for the development of the next generation of Openchip's acceleration chips dedicated to these two uses. The initial partnership had been the subject of Kalray press releases on May 22, 2025 and July 10, 2025.
A contract valued at approximately 5 M€ over one year
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According to the press release, published at 6:00 p.m. and distributed as regulated information, the amount of the agreement is "of the order of 5 M€". This sum covers the next 12 months.
The company presents the transaction as a contract that illustrates its ability to leverage its intellectual property and expertise through long-term partnerships.
A model of licenses and customer-funded developments
Kalray's economic model is based, according to its own description, on the valorization of its technologies through hardware and software IP licenses, combined with specific developments funded by its customers.
The group, chaired by Samuel Gil Delfassy, indicates that it is working to replicate this model with other customers.
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Context
Period
Period: S1 2026
Key reported figures
Revenue: 8,5 millions d'euros
Quarterly revenue: 8,5 millions d'euros
EBITDA: 5,1 millions d'euros
EBITDA margin: 60,2 %
Net income: 0,8 millions d'euros
Guidance from the release
Kalray confirme sa croissance et la pertinence de son nouveau modèle économique
Outlook / guidance
Management commentary: « permet au Groupe d'anticiper un EBITDA largement positif dès le 1er semestre et de confirmer les perspectives financières pour 2026, à savoir une croissance à deux chiffres du chiffre d'affaires et une nouvelle amélioration de l'EBITDA »
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.