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ParTec CEO Bernhard Frohwitter and Co-CEO and COO Hugo Falter with the bull in front of Frankfurt Stock Exchange.
ParTec CEO Bernhard Frohwitter and Co-CEO and COO Hugo Falter with the bull in front of Frankfurt Stock Exchange.

Press release -

ParTec AG with successful initial public listing in the Scale Segment

Munich, 3 July 2023 – ParTec AG, maker and creator of innovative and world leading dynamic Modular Supercomputer and developer and maker of Quantum Computer, is thrilled to make an extraordinary impact with its highly anticipated stock market listing on the Scale segment of the Frankfurt Stock Exchange today. In addition, with their ground-breaking software ParaStation Modulo for operating dynamic Modular Supercomputer, ParTec AG has been making remarkable strides in the development of software integrating Quantum Computer into Modular Supercomputer, solidifying their position as a visionary force in the industry.

This expertise not only signifies a paradigm shift in the HPC market but also showcases ParTec AG’s commitment to pushing the boundaries of what’s possible. By focusing on the development of dynamic Modular Supercomputer and Quantum Computer alongside the ParaStation Modulo software for operating and integrating both, ParTec AG is at the forefront of reshaping the world of High Performance Computing.

“Our stock market listing demonstrates our commitment to continued reshaping of High Performance Computing including Quantum Computing”, emphasized Bernhard Frohwitter, CEO of ParTec AG, “Investors are welcome to join us on this thrilling journey as we redefine the boundaries of what’s possible and unlock the untapped potential of dynamic Modular Supercomputing as well as Quantum Computing. It’s those machines which are essential to enable Artificial Intelligence (AI)”.

While renowned for their dynamic Modular Supercomputing hard- and software solutions, ParTec AG’s foray into Quantum Computer adds a new dimension to their already impressive portfolio. By harnessing the power of quantum technology, ParTec AG aims to unlock unprecedented computational capabilities and pave the way for ground-breaking discoveries and applications across industries. The inflationary advent of Artificial Intelligence (AI) with applications like ChatGPT became only possible with the availability of machines like provided by ParTec AG.

With their stock market listing on the Frankfurt Stock Exchange, ParTec AG solidifies its position as a visionary force in the HPC market, attracting investors and strategic partners who recognise the immense potential of dynamic Modular Supercomputing and Quantum Computing. This listing opens new opportunities and fuels ParTec AG’s mission to revolutionise computational power, leaving an indelible mark on the industry.

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About ParTec AG:

ParTec AG specialises in the development and manufacture of modular supercomputers and quantum computers as well as accompanying system software. Its services include the distribution of future-oriented High-Performance Computers (HPC) and Quantum Computers (QC) as well as consulting and support services in all areas of development, construction and operation of these advanced systems. The approach of modular supercomputing represents a unique selling point and success feature of ParTec AG. Further information on the company as well as on ParTec AG's innovative solutions in the field of high-performance computing and quantum computing can be found at www.par-tec.com.

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ParTec AG Modular Super and Quantum Computing

ParTec AG specialises in the development and manufacture of AI supercomputers based on its modular high-performance computing (HPC) systems and quantum computers (QC) as well as the associated system software. The offering also includes consulting and support services in all areas of the development, construction and operation of these modern systems. The concept of dynamic modular system architecture (dMSA) is the result of more than ten years of research and was developed by ParTec as a novel system design for massively parallel high computing systems. The dMSA and the underlying ParaStation Modulo Software Suite, which was developed and is maintained by ParTec, have proven to be particularly suitable for the complex requirements of massive computing power in artificial intelligence. Further information about the company and ParTec AG's innovative solutions in the field of high-performance computing and quantum computing can be found at www.par-tec.com.

ParTec AG