ClearSpeed Technology has seen its turnover jump by 78 per cent to £439,000 in the last 12 months. Sales were boosted in the second half of the year with the launch of the processor firm’s first commercial product.
“We achieved a number of significant milestones in our markets and product development. These included delivering the world’s highest performance processor for 64-bit floating point operations and the release of commercial product,” said Tom Beese, ClearSpeed CEO.
The Bristol-based firm also took part in a consortium to provide Japan’s highest performance computer. “This progress has continued into 2006 with shipment of the Advance Boards for the Tokyo Institute of Technology computer,” said Beese.
Still in its development phase the company saw retained losses of £6.4m, which the company said were within expectations.
In June, the firm demonstrated its first commercial processor, the CSX600, claimed to be one of the world’s highest performance 64-bit floating point processors. It offers up to a sustained performance of 25 billion 64-bit floating point operations per second (25GFLOPS) using 96 cores.
ClearSpeed said this co-processor is complementary to the main processors from companies such as AMD, IBM and Intel. “The increased awareness of and interest in our technology from potential partners and customers is confirmation that we are well placed to exploit major trends within the industry,” said Beese.
In November, Clearspeed saw its multi-processor Advance Boards demonstrated at Supercomputing Conference in Seattle by AMD, IBM, Intel and Sun Microsystems.