Concurrent Technologies (LSE:CNC) has unveiled Kratos (32 Core), a new 32-core CPU board that delivers up to 60% higher processing performance than the original 20-core Kratos product launched in 2025. The latest board is aimed at mission-critical C4ISR applications, offering high performance density in a compact form factor that can replace significantly larger rack-mounted server systems.
Operational and financial highlights
Built to the widely used VPX defence standard, the Kratos (32 Core) board is positioned as a flagship offering within Concurrent’s rugged embedded computing portfolio. The company notes that there are currently no direct competitors using the same processors in this architectural format, giving the product a clear differentiation advantage. By combining maximum computing power with a 3U single-board design, the new Kratos is expected to materially expand Concurrent’s addressable market within defence and security applications. Early engagement from customers seeking top-end performance in space-constrained environments has already been reported, reinforcing the product’s commercial potential and the company’s first-to-market credentials.
From a broader investment perspective, Concurrent Technologies’ outlook is underpinned by strong underlying financial performance, including solid revenue growth and healthy cash generation. However, market technicals point to bearish momentum in the shares, while valuation appears stretched on a high price-to-earnings multiple. Recent corporate developments present a mixed picture, with optimism around defence contract momentum offset by some negative sentiment following a CEO share sale.
More about Concurrent Technologies
Concurrent Technologies Plc is a UK-based designer and manufacturer of high-performance embedded computing products, including plug-in cards, computer systems and mission-critical solutions. The company specialises in Intel-based processor boards designed for long life-cycle and high-reliability applications across defence, telecommunications, security, aerospace, scientific and industrial markets worldwide. Its products are engineered to operate in harsh environments and comply with industry standards while supporting leading embedded operating systems.
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