Quantum unveils high-capacity data protection appliances in 1U form factor

SAN JOSE, Calif. - Quantum Corporation (NASDAQ:QMCO), a data storage solutions provider with a market capitalization of $60.53 million, announced two new models in its all-flash DXi T-Series data protection line, the DXi T-10-240 and DXi T-10-480, offering up to 480 TB of raw NVMe capacity in a 1U form factor. According to InvestingPro analysis, the company’s stock is currently trading near its Fair Value, while facing significant operational challenges with an 18.16% revenue decline in the last twelve months.

The new appliances are designed for environments requiring high-performance data protection without extensive data center infrastructure. According to the company’s press release statement, the systems utilize NVMe flash storage and inline deduplication technology to achieve data reduction ratios of up to 70:1. This product launch comes as the company manages a substantial debt position of $146.4 million while working to improve its financial health, which InvestingPro currently rates as "WEAK" based on comprehensive financial analysis.

Both models feature a pay-as-you-grow licensing model that allows customers to activate capacity as needed and expand in increments of 15 TB or 30 TB without hardware upgrades or downtime.

"With the DXi T-10-240 and T-10-480, we’ve quadrupled the usable capacity of our T-Series offerings in the same 1U footprint while preserving affordability and flexibility through software-based capacity activation," said Sanam Mittal, general manager of DXi at Quantum.

The appliances integrate with Quantum’s broader data protection portfolio, enabling backups to be replicated or tiered to larger DXi 9200 hybrid systems for on-premises retention. Long-term backups can be transferred to the company’s ActiveScale object storage or Scalar tape libraries.

The new models have received industry recognition, including the 2025 GOVIES Government Security Award and a Gold Globee Technology Award for Data Protection.

Brian Corcoran, general manager at Storage IT Solutions, noted in the release that "Fast, reliable recovery is the difference between quick bounce-back and prolonged downtime."

The DXi T-10-240 and T-10-480 appliances are currently available for purchase. For investors following this development, InvestingPro offers additional insights through 11 key ProTips and a detailed Pro Research Report, providing comprehensive analysis of Quantum Corporation’s financial position and growth prospects among 1,400+ US equities covered by the platform.

In other recent news, Quantum Corporation has announced preliminary financial results for its fiscal fourth quarter, projecting revenue between $65 million and $67 million, with an anticipated gross margin of approximately 44%. The company expects a GAAP net loss of around $3.5 million, though these figures are subject to change as the financial closing process and audit are finalized. In leadership developments, Quantum appointed Hugues Meyrath as CEO, succeeding Jamie Lerner, and Donald J. Jaworski as Chairman of the Board. Additionally, Quantum has raised approximately $60 million through a standby equity purchase agreement as part of its capital restructuring efforts. The company is also working on restructuring its remaining debt to strengthen its market position. In product advancements, Quantum introduced LTO-10 support for its Scalar tape library systems, enhancing data storage capacity and security. The company has delayed filing its annual report for the fiscal year ended March 31, 2025, due to an ongoing review of its accounting related to certain revenue contracts. Furthermore, Quantum notified Chief Revenue Officer Henk Jan Spanjaard of its intent to negotiate the termination of his employment.

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