Kalray S.A. Kalray S.A. (Euronext Growth Paris: ALKAL.PA) develops and markets fabless semiconductor solutions, specializing in hardware accelerators and processors for compute-intensive applications in data centers, AI, edge computing, telecom, storage, media and entertainment, life sciences, and embedded systems; its core offerings include the patented MPPA Manycore processor architecture, acceleration cards such as the TC4 for AI inferencing and smart vision, K300 for packet processing and security in telecom, K200-LP for high-performance storage, along with software development kits, developer platforms, and reference boards targeting low- to medium-volume embedded and acceleration needs. Founded in 2008 as a spin-off from the French CEA research laboratory and headquartered in Montbonnot-Saint-Martin, France, the company operates primarily in Europe with additional presence in the United States and Japan, serving customers through direct sales and a network of distributors and partners including NXP Semiconductors, Bpifrance, and Alliance Venture (Renault-Nissan-Mitsubishi). In recent developments, Kalray divested its Data Acceleration Platform activity, including the Nge尼亚 product line, to DataCore Software in early 2025 to sharpen focus on semiconductor operations and repay outstanding liabilities; it signed a strategic industrial cooperation agreement with Openchip in May 2025, followed by a second €10 million phase in July 2025 for developing next-generation DPUs tailored to AI Gigafactories and high-performance computing; additionally, the company extended its liquidity horizon to June 2026, anticipates positive EBITDA in the first half of 2025 driven by strategic refocusing, and continues discussions to maximize value from its semiconductor assets amid ongoing capital raises via equity lines like the one with IRIS.