Cray Wins $60M University of Stuttgart Contract

Seattle-based supercomputing company Cray (NASDAQ: [[ticker:CRAY]]) has inked a contract deal with the University of Stuttgart, to deliver two supercomputers to the University’s High Performance Computing Center Stuttgart (HLRS). The multi-year, multi-phase contract is worth an estimated $60 million. The first phase of the contract will take place in 2011, during which the Cray XE6 supercomputer will go into production at the university. The second supercomputer, the next-generation Cascade, will be delivered to the university in 2013. Cray says the Cascade is made possible, in part, by the company’s participation in the Defense Advance Research Project Agency’s (DARPA) High Productivity Computer Systems program earlier this year.

Author: Thea Chard

Before joining Xconomy, Thea spent a year working as the editor of another startup, the hyperlocal Seattle neighborhood news site QueenAnneView.com. She holds a bachelor's degree from the University of Southern California, where she double-majored in print journalism and creative writing. While in college, Thea spent a semester studying in London and writing for the London bureau of the Los Angeles Times. Indulging in her passion for feature writing, she has covered a variety of topics ranging from the arts, to media, clean technology and breaking news. Before moving back to Seattle, Thea worked in new media development on two business radio shows, "Marketplace" and "Marketplace Money" by American Public Media. Her clips have appeared in the Los Angeles Times, the Santa Monica Daily Press, Seattle magazine and her college paper, the Daily Trojan. Thea is a native Seattleite who grew up in Magnolia, and now lives in Queen Anne.