Cray Wins $20M Brazilian Contract
Seattle-based Cray, the supercomputer company, announced today it has been awarded a multi-year, $20 million contract with the Foundation for Space Technology, Applications and Science in Brazil. Under the terms of the contract, the company will deliver a Cray XT6 supercomputer to Brazil’s National Institute for Space Research, to perform weather forecasts and climate studies; the computer will go into production later this year. Cray (NASDAQ: CRAY) has won a series of large government contracts, both foreign and domestic, in the past year. Last July, Cray CEO Peter Ungaro gave me a detailed overview of the company’s strategy, shortly before it posted a surprise profit for the second quarter of 2009.