Cray Awarded $54 Million Supercomputer Contract From the

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Cray Awarded $54 Million Supercomputer Contract From the Korea Meteorological Administration (KMA)

SEATTLE, WA--(Marketwired - Jun 24, 2014) - Global supercomputer leader Cray Inc. ( NASDAQ : CRAY ) today announced the Company has been awarded a $54 million contract to provide the Korea Meteorological Administration (KMA) with two next-generation Cray® XC™ supercomputers and a Cray Sonexion® storage system.

Based in Seoul, Korea, KMA is one of the world's leading operational weather forecasting and climate research centers. In support of its mission of realizing advanced meteorological services to be in-time, accurate and valuable, KMA will use the next-generation Cray XC supercomputers to provide more accurate weather forecasts through increased model resolution, new forecasting models, increased ensemble sizes, and the implementation of advanced data assimilation.

"KMA is responsible for providing services for the protection of life and property in the form of weather and climate information," said Kyung Heoun Lee, Director of the National Center for Meteorological Supercomputing at KMA. "We live in a weather sensitive environment, and people and businesses increasing rely on us for accurate environmental forecasting. Our new Cray supercomputers will be a valuable resource for us to meet our strategic, operational and research objectives."

"Weather forecasting and climate research play vital roles in societies across the globe, and we are honored that KMA, one of the premier centers in this important industry, has once again selected a Cray system to meet their demanding requirements for producing an extensive range of meteorological services," said Andrew Wyatt, Cray vice president, APMEA. "We have developed a long, collaborative relationship with KMA over the years, and we are honored our partnership will continue."

Cray will provide KMA with a highly integrated, multi-petaflops supercomputing infrastructure designed for operational resiliency. The system will include two next-generation Cray XC supercomputing systems -- one of which will be used for production and the other for research and back-up -- and a multi-petabyte Cray Sonexion storage system. The Cray XC system at KMA will be a next-generation version of the current Cray XC30™ supercomputer.

Previously code-named "Cascade," the Cray XC30 series of supercomputers is engineered to meet the performance challenges of today's most demanding high performance computing (HPC) users. The Cray XC30 and Cray XC30-AC™ supercomputers include: the Aries system interconnect; a Dragonfly network topology that frees applications from locality constraints; innovative cooling systems to lower customers' total cost of ownership; the next-generation of the scalable, high performance Cray Linux Environment supporting a wide range of applications; Cray's HPC optimized programming environment, and the ability to handle a wide variety of processor types.

The Cray Sonexion storage solution at KMA will include 21.7 petabytes of capacity and 270 gigabytes per-second of applications performance. Cray's Sonexion storage system combines Cray's Lustre expertise with a unique design that allows scalability from five gigabytes per-second to more than a terabyte per-second in a single file system -- and performs optimally at scale. Management is simplified through an appliance design with all storage components including software, storage and infrastructure.

Consisting of products and services, the multi-year multi-phase contract is valued at more than $54 million, and final system delivery is expected to be completed in 2015.

About the Korea Meteorological Administration Established in 1949 as the Central Meteorological Office, KMA is a governmental organization dedicated to improving public welfare through the prevention and mitigation of meteorological disasters, by supporting government and business activities such as transportations and water resource management that depend on accurate weather forecasts, and by producing scientific information on climate change. KMA comprises the Forecast, Observation, Climate and Industry and IT bureaus; the NWP officer; NIMR; aviation weather stations; five Regional Meteorological Offices with more than 1,300 employees; and 97 weather and observation stations. The organization collaborates with other entities engaged in meteorological prediction and research worldwide. Go to web.kma.go.kr/eng/index.jsp for more information.

About Cray Inc. Global supercomputing leader Cray Inc. ( NASDAQ : CRAY ) provides innovative systems and solutions enabling scientists and engineers in industry, academia and government to meet existing and future simulation and analytics challenges. Leveraging 40 years of experience in developing and servicing the world's most advanced supercomputers, Cray offers a comprehensive portfolio of supercomputers and Big Data storage and analytics solutions delivering unrivaled performance, efficiency and scalability. Cray's Adaptive Supercomputing vision is focused on delivering innovative next-generation products that integrate diverse processing technologies into a unified architecture, allowing customers to meet the market's continued demand for realized performance. Go to www.cray.com for more information.

Safe Harbor Statement This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933, including, but not limited to, statements related to Cray's ability to deliver the systems required by KMA when required and that meet KMA's needs. These statements involve current expectations, forecasts of future events and other statements that are not historical facts. Inaccurate assumptions and known and unknown risks and uncertainties can affect the accuracy of forward-looking statements and cause actual results to differ materially from those anticipated by these forward-looking statements. Factors that could affect actual future events or results include, but are not limited to, the risk that the systems required by KMA are not delivered in a timely fashion or do not perform as expected, the risk that Cray is not able to successfully complete its planned product development efforts in a timely fashion or at all, the risk that processors planned for next generation Cray XC30 systems are not available or incorporated into the Cray XC30 system when expected or at all and such other risks as identified in the Company's quarterly report on Form 10-Q for the quarter ended March 31, 2014, and from time to time in other reports filed by Cray with the U.S. Securities and Exchange Commission. You should not rely unduly on these forward-looking statements, which apply only as of the date of this release. Cray undertakes no duty to publicly announce or report revisions to these statements as new information becomes available that may change the Company's expectations.

Cray and Sonexion are registered trademarks of Cray Inc. in the United States and other countries, and XC, XC30 and XC30-AC are trademarks of Cray Inc. Other product and service names mentioned herein are the trademarks of their respective owners.

Cray Media: Nick Davis 206/701-2123 pr@cray.com Cray Investors: Paul Hiemstra 206/701-2044 ir@cray.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

TORRAS Cases Balance Protection with Slim Design for 2026

Updated Category News Views 202

Are Slim iPhone Cases Really Protecting Your Investment? Anyone who's dropped a brand-new phone knows the pain of watching your investment smack the concrete. But hey, welcome to 2026, where Consumer365's latest rundown on iPhone protective gear turns the spotlight on TORRAS. These folks grabbed attention with their Q3 Air and Q3 Air Pro cases, crafted for iPhone 18 Pro...

Continue Reading
Sinclair Faces Labor Lawsuit for Break-time Violations

Updated Category News Views 199

Sinclair Television Caught in Labor Law Storm When you think of flaring tempers and boardroom brawls, you typically don't think of your everyday TV station. But right now, Sinclair Television of California, LLC is in the hot seat, accused of playing fast and loose with wage packets—specifically, allegedly denying meal periods and rest breaks that California labor laws...

Continue Reading
Borr Drilling's Rig Sinks, Uncertainty Looms Offshore

Updated Category News Views 166

Unexpected Turn of Events at Sea Now here's a gut-punch nobody saw coming. Borr Drilling Limited (NYSE and OSE: BORR) got hit hard when their Prospector 5 drilling rig went under the waves offshore Gabon. This ain't no desk job dilemma; we're talking about a real-life offshore catastrophe. It all went down on October 24, 2026, when the rig experienced a punch through...

Continue Reading
Clarins Dazzles Austin with Skin Longevity Event

Updated Category News Views 42

Clarins Takes Austin by Storm Under the vast Austin sky, something remarkable unfolded as Clarins transformed the scene with a flashy rooftop affair that screamed innovation and elegance. They weren’t just showing off fancy bottles of beauty potion; they were stirring the pot, merging science with a splash of high-end glitz. This wasn’t just another product pitch—it...

Continue Reading
Johnson & Johnson's JNJ-6143 Shines in Prostate Cancer Study

Updated Category News Views 249

Prostate Cancer's Persistent Challenge No one in the healthcare game needs the reminder: prostate cancer is no walk in the park, especially for those grappling with advanced stages. Now picture this—you're on your sixth treatment, and the cloud is not lifting. It's a battle that never ends, with traditional therapies sometimes barely holding the line. JNJ-6143's New...

Continue Reading
Kelun-Biotech's Sacituzumab Tirumotecan Shows Promise in NSCLC

Updated Category News Views 309

Kelun-Biotech's Recent Breakthrough Grab your coffee, and let's chat about something that might just change the lung cancer treatment game: Kelun-Biotech's sacituzumab tirumotecan, or sac-TMT, showing some serious promise in a Phase III trial. With numbers that could make any investor sit up a little straighter, this study has turned heads at the European Society for...

Continue Reading
Lilly's Olomorasib: New Data Sparks Hope for G12C NSCLC

Updated Category News Views 186

New Data Unveiling Potential Shifts in NSCLC Treatment Man, if there's one thing the oncology world craved, it's progress against KRAS G12C-mutant non-small cell lung cancer (NSCLC). We're talking about a challenge as tough as a two-dollar steak. But hey, Eli Lilly's (NYSE:LLY) putting some serious cards on the table with olomorasib, and folks at the ESMO 2026 Congress...

Continue Reading
BAIC FOTON Eyes African Market with Strategic Moves

Updated Category News Views 84

Revving Up for Africa Alright, gearheads and number-crunchers, strap in. BAIC FOTON is making headlines again, and this time they’re zooming right into Africa—like they're claiming pole position on a circuit that's been ignored by many. They’re calling it a “Drive to Great!” but what does that mean for us investors who aren’t just in it for the entertainment?...

Continue Reading
Wenda Pharma's NHWD-870 HCl Shows Promise in Trial

Updated Category News Views 393

Breaking Through in NUT Carcinoma Treatment Imagine battling an aggressive disease with barely any options left, and then something hopeful shows up in the pipeline. That's the story with Zhejiang Wenda Pharma's NHWD-870 HCl, an oral BET inhibitor making waves at the 2026 ESMO Annual Meeting. Facing off against the nasty beast that is NUT carcinoma, this drug didn't just...

Continue Reading
LexisNexis Debuts AI-Guided Field Clarity at IACP 2026

Updated Category News Views 92

LexisNexis Takes a Serious Step Forward The world of law enforcement reporting just got a shake-up. LexisNexis Coplogic Solutions launched a souped-up version of its Desk Officer Reporting System (DORS) at the IACP 2026 event. They paired DORS with Field Clarity, a newfangled AI-powered assistant that aims to make police reporting slicker and more accurate. You can bet...

Continue Reading

Top 5 Most Recently Viewed Articles

Farmmi Receives Extension to Comply with NASDAQ Requirements

Updated Category News Views 64

Farmmi Secures NASDAQ Compliance Extension Farmmi, Inc. (NASDAQ: FAMI), a supplier of agricultural products, has been granted a 180-day extension by NASDAQ to meet its crucial minimum bid price requirement. This extension allows the company until the spring of 2025 to elevate its ordinary share bid price to at least $1.00 for at least ten consecutive business days. The...

Continue Reading
The Neurotechnology Surge: $57B Market by 2034

Updated Category News Views 16

Neurotechnology: The Rising Giant Elbows on the table, let's chew the fat about neurotechnology. The market, dizzyingly projected to soar past USD 57 billion by 2034, is on an explosive trajectory. Folk wiser than us predict an annual growth rate hanging around 14%. This ain't just whispers in coffee shops; it's cold, hard data from DelveInsight’s Market Insights...

Continue Reading
Reviva Pharmaceuticals' New Phase 3 Study for Schizophrenia Drug

Updated Category News Views 99

Reviva Pharmaceuticals' Regulatory Update Reviva Pharmaceuticals Holdings Inc. (NASDAQ: RVPH) has recently provided an update regarding their journey with brilaroxazine, a novel drug aimed at treating schizophrenia. This news comes after a pre-New Drug Application meeting with the U.S. Food and Drug Administration (FDA). About Brilaroxazine Brilaroxazine is an innovative...

Continue Reading
Lowe's Reports Strong Earnings Amid Strategic Acquisitions

Updated Category News Views 117

Strong Q2 Earnings Surprise Lowe’s Companies Inc (NYSE: LOW) experienced better-than-expected second quarter earnings, bringing a burst of optimism for investors. The home improvement giant saw its stock increase by approximately 2% shortly after announcing its Q2 financial results. Having recorded solid performance through the quarter, Lowe’s exceeded analysts'...

Continue Reading
Invideo and Kling AI Unite for Game-Changing Visuals

Updated Category News Views 153

Invideo and Kling AI Collaborate to Redefine Video Editing Invideo has recently partnered with Kling AI to introduce an exciting tool known as VFX House. This innovative feature empowers creators with studio-level control for their video projects, offering enhanced capabilities for both marketing and editorial work. Unlocking New Possibilities with VFX House The...

Continue Reading