Everpure, formerly known as Pure Storage, has secured a second hyperscaler customer.
Described as a "top-five hyperscaler," the contract is for the design and supply of storage solutions based on Everpure's DirectFlash technology.
The identity of the hyperscaler has not been provided.
DirectFlash is a software-powered storage solution that Everpure says can enable hyperscalers to deploy a consistent and unified architecture across storage tiers. Another hyperscaler - Meta Platforms - adopted Everpure's solutions in late 2024.
Charles Giancarlo, chairman and CEO of Everpure, said: “Our growing success in hyperscale environments is based upon a foundationally more advanced architecture and technology than legacy storage solutions. 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."
The value of the contract has not been shared, but Everpure said that it is expected to be a "significant contributor to future revenue" from fiscal year 2028.
In a Q&A sheet shared by the company, Everpure said that while it doesn't identify its customers, what is more important is that "two of the largest infrastructure environments in the world will be utilizing Everpure technology."
The company is expecting gross margins from its hyperscale product line to remain between 75 and 85 percent. The contract is structured as a master supply agreement, including software and non-NAND components.
At the time of writing, Everpure's stock value is up more than 65 percent compared to the start of the month.
Pure Storage rebranded as Everpure in February of this year, simultaneously announcing plans to acquire data intelligence and orchestration company 1touch.
The new name “reflects the company’s greater impact from reshaping storage to defining the future of data management,” Everpure said in a statement.
In April 2026, UK cloud provider BlackBox Hosting selected Everpure's all-flash storage technology for its platform.
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