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CENTENNIAL, Colo. - Quantum Corporation (NASDAQ:QMCO) announced on Wednesday new enhancements to its ActiveScale object storage platform that significantly improve access to cold data stored in archive tiers.
The company has introduced Ranged Restore capabilities for its cold storage tier, allowing users to retrieve specific byte ranges from large objects rather than entire files. This feature reduces retrieval times for archived data and improves operational efficiency.
According to the company, the latest platform updates also deliver performance improvements when reading small objects from the cold tier, enabling restores more than five times faster than previous versions.
"Organizations need to store large volumes of data affordably, but they can't afford to wait hours or days to retrieve the data that feeds training pipelines and analytic engines," said Hugues Meyrath, CEO of Quantum, in a press release statement.
The Ranged Restore feature enables selective data retrieval from Glacier-class tape tiers, which Quantum claims is an industry exclusive. Traditional Amazon S3 Glacier operations typically require full-object retrieval, often involving hundreds of gigabytes at a time.
The company's new restore engine design accelerates high-volume retrieval workflows through intelligent batching and ordering of restore requests, which could benefit AI training, data validation jobs, compliance lookups, and automated pipeline-driven restores.
These enhancements are designed to transform archive-tier storage into a more accessible resource for AI and analytics workloads at large scale. The new features are immediately available, according to the company.
Quantum provides data management solutions focused on unstructured data and serves organizations in life sciences, government, media and entertainment, research, and industrial technology sectors.
In other recent news, Quantum Corporation announced preliminary unaudited financial results for its fiscal second quarter, with expected revenue reaching approximately $62.5 million, at the high end of its guidance. The company reported a preliminary GAAP gross margin of around 37.5% and GAAP operating expenses of approximately $32 million for the quarter. Additionally, Quantum has entered into a definitive agreement to restructure around $52 million of outstanding term debt with Dialectic Technology SPV LLC. This agreement allows the term debt to be exchanged for senior secured convertible notes with a three-year maturity, amending the existing term loan credit and security agreement to remove financial covenants. In a strategic move, Quantum has appointed Geoff Barrall as its new Chief Product Officer, bringing extensive experience in enterprise storage and data management. Furthermore, Quantum and Entanglement, Inc. have signed a Memorandum of Understanding to develop a Regionalized AI Data Storage service, focusing on integrating post-quantum encryption into Quantum's storage solutions. These developments reflect Quantum's ongoing efforts to enhance its financial stability and product innovation.
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