GSI Technology to Perform Feasibility Study for Commercially Proven APU Use in U.S. Air and Space Force Edge Computing
July 12 2023 - 8:30AM
GSI Technology, Inc. (Nasdaq: GSIT), developer of
the Gemini® Associative Processing Unit (APU) for AI and
high-performance parallel computing (HPPC) and a leading provider
of high-performance memory solutions for the networking,
telecommunications, and military markets, today announced its
receipt of a Phase I SBIR contract in the 23.5 cohort by AFWERX.
Under this contract, GSI Technology will perform a feasibility
study to adapt, modify, and enhance its commercially proven Gemini®
APU to propel Air and Space Force computing at the edge.
GSI Technology is proud to announce its partnership
with the United States Air and Space Force, embarking on a mission
to explore high-performance edge processing. At the heart of this
collaboration is the Gemini® APU, a dual-purpose compute-in-memory
chip meticulously crafted to unleash the potential of various AI
applications, including inference and high-performance computing
workloads. While the APU is well suited for data center
applications, its exceptional power efficiency will allow GSI to
pursue this remarkable capability to the edge as well. Notably, the
APU’s integral radiation tolerance, makes it an ideal solution for
Space Force missions, where reliability is paramount. With this
partnership, GSI Technology is driving the next generation of edge
processing innovation, combining cutting-edge technology and
unwavering dedication to delivering exceptional performance and
resilience.
"We are honored to have been awarded this SBIR
contract and look forward to collaborating with the United States
Air and Space Force," said Lee-Lean Shu, Chairman and CEO of GSI
Technology. "We are confident that our expertise in
high-performance computing and memory solutions, coupled with our
Gemini® APU, will help address the challenges associated with
processing at the edge."
This contract is a significant milestone for GSI
Technology, further cementing its reputation as a reliable and
innovative technology partner for the military and other government
agencies. GSI Technology looks forward to continuing to deliver
cutting-edge solutions that meet the unique needs of its
customers.
ABOUT AFWERX
AFWERX is a United States Air Force program with
the goal of fostering a culture of innovation within the
service. Encompassing a number of programs supported with
relatively small amounts of funding, the initiative is intended to
circumvent bureaucracy and engage new entrepreneurs in Air Force
programs.
ABOUT GSI TECHNOLOGY
Founded in 1995, GSI Technology, Inc. is a leading provider of
semiconductor memory solutions. The Company recently launched
radiation-hardened memory products for extreme environments in
space and the Gemini® Associative Processing Unit (APU), a
memory-centric design that delivers significant performance
advantages for diverse AI applications. The Gemini APU architecture
removes the I/O bottleneck between the processors and memory arrays
by performing massive parallel searches directly in the memory
array where data is stored. The novel architecture delivers
performance-over-power ratio improvements compared to CPU, GPU, and
DRAM for applications like image detection, speech recognition,
e-commerce recommendation systems, and more. Gemini is an ideal
solution for edge applications with a scalable format, small
footprint, and low power consumption where rapid, accurate
responses are critical. For more information, please visit
www.gsitechnology.com.
Forward-Looking Statements
The statements contained in this press release that are not
purely historical are forward-looking statements within the meaning
of Section 21E of the Securities Exchange Act of 1934, as amended,
including statements regarding GSI Technology's expectations,
beliefs, intentions, or strategies regarding the future. All
forward-looking statements included in this press release are based
upon information available to GSI Technology as of the date hereof,
and GSI Technology assumes no obligation to update any such
forward-looking statements. Forward-looking statements involve a
variety of risks and uncertainties, which could cause actual
results to differ materially from those projected. Examples of
risks that could affect our current expectations include: those
associated with the rapidly evolving markets for GSI Technology's
products and uncertainty regarding the development of these
markets; intensive competition; delays or unanticipated costs that
may be encountered in the development of the Gemini-II and other
new products based on our in-place associative computing
technology; the ability of GSI Technology to receive a Phase II
SBIR contract from AFWERX or any future revenue generating
agreements with the United States Air and Space Force and their
contractors; and the establishment of new markets and customer and
partner relationships for the sale of our new in-place associative
computing products. Further information regarding these and other
risks relating to GSI Technology's business is contained in the
Company's filings with the Securities and Exchange Commission,
including those factors discussed under the caption "Risk Factors"
in such filings.
Contacts:
Investor RelationsHayden IRKim
Rogers385-831-7337Kim@HaydenIR.com
Media RelationsFinn Partners for GSI
TechnologyRicca Silverio(415) 348-2724gsi@finnpartners.com
CompanyGSI Technology, Inc.Douglas M.
SchirleChief Financial Officer408-331-9802
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