Gsi technology receives award with potential total value of approximately $1.25 million from the space development agency to develop a next-generation associative processing unit for enhanced space-based capabilities

Sunnyvale, calif., june 29, 2023 (globe newswire) -- 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 an other transaction agreement award with a total potential value of approximately $1.25 million with the space development agency (sda) for the development of a dual use next-generation associative processing unit-2 (apu2) for enhanced space-based capabilities.
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