Napatech Secures Design Win with Tier-1 Global Banking and Finance Customer
2026-04-30 12:00:00
COPENHAGEN, Denmark – April 30, 2026 – Napatech™ (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