Everpure wins supply deal with second major hyperscaler

Everpure (NYSE: P) announced a design win and supply agreement with a second top-five hyperscaler, according to a company press release dated Aug. 10, 2026. The Santa Clara, Calif.-based storage and data management company secured a similar agreement with a first hyperscaler in late 2024.

The agreement centers on Everpure's DirectFlash® technology, which the company says enables hyperscalers to deploy a unified storage architecture across multiple performance tiers.

"Securing a design win with a second hyperscaler for our hyperscale solution signals strong recognition of the economic, operational and performance advantages of our DirectFlash® technology," said Charles Giancarlo, Chairman and CEO of Everpure.

Everpure said it expects the agreement to become a significant contributor to revenue starting in fiscal year 2028. The company did not disclose the financial terms of the deal or identify the hyperscaler by name.

You May Also Be Interested In

• S&P Dow Jones Indices adds Bloom Energy to S&P 500 index
• Ardent Health revises 2025 non-GAAP figures after SEC staff talks
• DTE Energy board director David Thomas to retire after 13 years