What Napatech does

Napatech A/S, founded in 2003 and headquartered in Soeborg, Denmark (with US offices in Los Altos), is a publicly traded provider of FPGA-based programmable Smart Network Interface Cards (SmartNICs) and Data Processing Units (DPUs) that accelerate network, storage, security, and AI workloads in cloud, telecom, and enterprise data centers. The technology is built around Altera (formerly Intel) Agilex FPGAs paired with Link software suites (Link-Capture for nanosecond-precision packet capture, Link-Inline for security function offload, Link-Virtualization for OVS acceleration, Link-Storage for NVMe/TCP, Link-Security for TLS, and Link-Programmable for custom FPGA workloads), and a hairpinned port-to-port architecture that processes traffic on the card without consuming server CPU cores. The product roadmap spans SmartNICs from 1G to 400G (NT40 through NT400D13, N3070X) and Intel Xeon D / Xeon 6 SoC-based DPUs (F2070X, F3076X), validated for 5G UPF offload, bare-metal cloud, virtual switch acceleration, packet capture for financial trading, and security analytics.

Napatech sells integrated hardware-plus-software packages with multi-year enterprise contracts primarily through direct field sales targeting telecom operators, cloud/data center operators, financial institutions, and government/defense agencies, supplemented by a global channel partner program and OEM/embedded integrations with server vendors (Advantech, Kontron, Dell, Red Hat) and telecom software vendors (A5G Networks, Druid Software, Truminds). Quantified customer outcomes cited by the company include 7.7x more users per server and 78% per-user CAPEX reduction for 5G UPF, tick-to-trade latency reduction from 100 microseconds to 10 microseconds at a tier-1 investment bank, and 15x virtual switch performance versus software OVS-DPDK. The business derives revenue from SmartNIC and DPU hardware sales, software licenses, and Link-Assure professional services.

The company went through a leadership transition with Kartik Srinivasan appointed CEO in December 2025 and Klaus Skovrup as CFO, and completed a NOK 200 million private placement in April 2026 alongside ongoing product launches (F3076X, N3070X) and AI, cryptographic, and compression co-development with Xelera, Myrtle.ai, and Eideticom. Napatech trades on the Oslo Stock Exchange (OSE: NAPA) and OTCMKTS (NPTSF).

Name

Napatech

Legal name

Napatech A/S

Website

https://napatech.com

Company type

Public

Founded year

2003

Operating status

Operating

Headcount range

101–250 employees

Short description

Napatech builds FPGA-based programmable SmartNICs and DPUs that offload network, storage, security, and AI inference workloads for telecom operators, financial institutions, cloud providers, defense, and security appliance vendors.

Ownership category

akta.pro rank

Product category

Network Interface Cards / SmartNIC and DPU Hardware

NAICS

Computer and Peripheral Equipment Manufacturing (33411), Other Communications Equipment Manufacturing (334290), Computer Storage Device Manufacturing (334112)

SIC

Computer Communications Equipment (3576), Electronic Computers (3571), Computer Storage Devices (3572)

akta.pro primary industry

Data Center SmartNICs & DPU Adapters (HDAFAEAB)

akta.pro secondary industries

Network/Infrastructure Processors (Switching/Routing/SmartNIC DPUs) (HDAHAJAH), AI Memory & Storage for Training (HBM/DDR/SSD/Object Storage) (HDAAAAAF), Storage/IO Controllers & Bridge ICs (USB/PCIe/SATA/NVMe) (HDAHAJAI)

Keywords

• FPGA SmartNIC hardware
• Data Processing Units
• Network acceleration
• Packet capture software
• 5G UPF offload

Headquarters

HQ city

Los Altos

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. SmartNIC Hardware Sales: Sale of FPGA-based SmartNIC hardware including NT400, NT200, NT100, NT50, NT40 series cards for network capture, inline processing, and virtualization applications.
2. DPU Hardware Sales: Sale of Data Processing Units including F3076X and F2070X for data center offload of networking, storage, and security workloads.
3. Software Licenses: Software packages including Link-Capture, Link-Inline, Link-Virtualization, Link-Storage, Link-Security, and Link-Programmable software bundled with hardware or sold separately.
4. Professional Services: Link-Assure professional services for implementation, support, and customization of Napatech solutions.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels12 records

Core offering

Napatech designs, manufactures, and sells FPGA-based Smart Network Interface Cards (SmartNICs) and Data Processing Units (DPUs) together with its Link software suite to offload packet processing, virtualization, storage, security, and 5G user-plane workloads from server CPUs. Customers in telecom, cloud, financial services, cybersecurity, and defense deploy the hardware+software bundles to achieve line-rate packet capture, nanosecond timestamping, and hardware-accelerated network functions.

Product overview

Napatech is a leading provider of programmable Smart Network Interface Cards (SmartNICs) and Data Processing Units (DPUs) that accelerate AI, network, storage, and security workloads for cloud, enterprise, and telecom datacenters. The product portfolio consists of FPGA-based hardware (SmartNICs: NT400D13, NT400D11, NT200A02, NT100A01, NT50B01, NT40A11, N3070X; DPUs: F3076X, F2070X) paired with Link software suites (Link-Capture, Link-Inline, Link-Virtualization, Link-Storage, Link-Security, Link-Programmable). These are integrated into vertical solutions including 5G UPF Offload for telecom, Bare Metal Platform for IaaS, Virtual Switch Offload, Storage/Network/Security Offload, and partner solutions for AI inference acceleration (Xelera, Myrtle.ai), cryptographic acceleration (Eideticom), and DLP (Symantec). The architecture enables offloading of compute-intensive functions from server CPUs to FPGA-based acceleration cards, delivering up to 15x performance improvements for virtual switching and supporting up to 400G network speeds with the latest DPU platforms.

Differentiator

Problem solved

Functional benefit

Brands

• Link-Capture: Software for high-speed packet capture with nanosecond timestamping and replay with precise inter-frame gap control.
• Link-Inline
• Link-Virtualization
• Link-Storage
• Link-Security
• Link-Programmable
• Link-Assure

Products and services

• NT400D13 SmartNIC

Quantifiable outcome

• 16,667 users supported per server using Napatech UPF Offload vs. 2,174 for software UPF (7.7x increase)
• +10 more outcomes

Named customers6 records

Segments7 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

Feature15 records

Partnerships

14 partnerships are on record, tiered core.

• Xelera TechnologiescoreTechnology or Integration · 1 January 2025Napatech and Xelera co-develop ultra-low latency AI inference acceleration for high-frequency trading. Xelera Silva AI accelerator runs on Napatech SmartNICs and DPUs, achieving 1.55μs latency for XGBoost/LightGBM/CatBoost inference, enabling faster trading decisions.
• Myrtle.aicoreTechnology or Integration · 1 January 2025Napatech and Myrtle.ai integrate VOLLO ML inference accelerator with Napatech SmartNICs and DPUs for financial applications. VOLLO achieves 5.1μs latency (independently verified via STAC-ML benchmarks), outperforming GPUs by up to 20x for LSTM financial models.
• EideticomcoreTechnology or Integration · 1 January 2025Eideticom's Cryptographic Accelerator runs on Napatech SmartNICs and DPUs, delivering 99% lower CPU usage and 43% lower power consumption. Supports classical cryptography (ECC, RSA) and post-quantum algorithms (ML-KEM, ML-DSA).
• EideticomcoreTechnology or Integration · 1 January 2025Eideticom Transparent Compression technology runs on Napatech SmartNICs and DPUs, achieving 99% lower CPU usage and 36% lower power for storage and networking compression workloads (LZ4, Zlib, Gzip).
• Broadcom SymanteccoreTechnology or Integration · 1 January 2025Napatech SmartNICs accelerate Symantec Data Loss Prevention (DLP) by offloading packet capture and inspection, enabling real-time analysis at 10G, 40G, and 100G speeds without performance bottlenecks.
• Red HatcoreTechnology or Integration · 1 January 2025UPF offload solution with Red Hat and Druid Software enables Napatech SmartNIC acceleration for 5G edge deployments in cloud-native environments.
• Dell TechnologiescoreTechnology or Integration · 1 January 2025Dell XR8000 server-based solution for distributed 5G UPF with traffic steering uses Napatech SmartNICs for packet core offload.
• IntelcoreStrategic or Co-development Partner · 1 January 2025Napatech partnership with Intel led to development of F270X DPU (200Gbps, Intel Xeon D SoC, Intel Agilex 7 FPGA) and F3076X DPU (400G, Intel Xeon 6 SoC).
• Altera (Intel)coreTechnology or Integration · 1 January 2025Napatech DPUs and SmartNICs built on Altera Agilex FPGA technology (AGFC023, AGFB022, AGF 014) for high-performance network acceleration.
• Truminds Software SystemscoreStrategic or Co-development Partner · 1 January 2024Truminds TruCore 5G packet core with Napatech SmartNIC UPF offload achieves full 2x100Gbps bidirectional throughput without CPU cores consumed by UPF data plane, on Kontron ME1210 edge servers.
• A5G NetworkscoreStrategic or Co-development Partner · 1 January 2023A5G Networks deploys Napatech SmartNICs in Advantech SKY-8000 edge servers for private 5G networks. The combined solution achieves 46x more users per server vs. software UPF, with 54% CAPEX and 65% OPEX reduction.
• AdvantechcoreTechnology or Integration · 1 January 2023Advantech SKY-8000 Series telco servers configured with Napatech SmartNICs for 5G mobile edge network infrastructure, optimized for NEBS environments and small-footprint edge deployments.
• Druid SoftwarecoreStrategic or Co-development Partner · 1 January 2023Druid Software's Raemis 4G/5G core platform runs on Kontron edge servers with Napatech SmartNIC UPF offload for private wireless networks in healthcare, government, utilities, and airports.
• KontroncoreTechnology or Integration · 1 January 2023Kontron ME1310 multi-access edge server paired with Napatech SmartNICs for private cellular network deployments, supporting -40°C to +65°C operation and IP65 outdoor enclosures.

Scale indicators1 record

Recent moves7 records

Expansion highlights7 records

Broad incumbents

• Intel: Intel's IPU portfolio (Mount Evans, Oak Springs Canyon) and Altera Agilex FPGAs both enable and compete with Napatech. Intel is simultaneously a key silicon partner and a strategic competitor in the DPU category.
• Broadcom: Broadcom's NetXtreme Ethernet controllers and Stingray SmartNICs serve overlapping networking offload use cases, while Broadcom's Symantec division is also a Napatech software partner (DLP acceleration).
• Cisco: Cisco's Nexus SmartNIC and broader networking portfolio compete in data center switching and security offload, and Cisco represents a much larger incumbent alternative for telco and enterprise buyers.

Direct peers

• AMD (Pensando): AMD's Pensando DPU and the Xilinx UltraScale+ SmartNIC line (overlapping with Napatech's FPGA base) compete directly in cloud and telco workload offload.
• Marvell Technology: Marvell's OCTEON DPUs, LiquidIO SmartNICs, and Alaska network PHYs compete with Napatech in telco, cloud, and storage offload, particularly for ARM-based DPU designs.
• NVIDIA (Mellanox): NVIDIA's BlueField DPU portfolio (acquired via Mellanox) is the most direct competitor to Napatech's FPGA SmartNICs and DPUs, targeting the same telecom, cloud, and security offload workloads with an ASIC-based architecture.
• Netronome: Netronome's Agilio CX and FX SmartNICs are FPGA-based networking accelerators targeting cloud, NFV, and security workloads, directly comparable to Napatech's Link-Capture and Link-Virtualization offerings.
• Silicom: Silicom designs intelligent networking cards and SmartNICs (including FPGA-based and Intel-based variants) for SD-WAN, NFV, and security, overlapping with Napatech's hardware portfolio.

Others

• Eideticom: Eideticom provides cryptographic and compression accelerators that run on Napatech SmartNICs; while not a direct SmartNIC competitor, it is an ecosystem participant whose success is closely tied to Napatech's hardware traction.

Emerging players

• Xelera Technologies: Xelera's Silva AI inference accelerator runs on Napatech hardware for low-latency HFT, but Xelera also operates as a potential alternative accelerator vendor, placing it as both a partner and an adjacent emerging player in FPGA-based AI inference.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/NapatechAccelerators
• LinkedInlinkedin.com/company/napatech
• Xx.com/napatech
• Facebookfacebook.com/napatech

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds4 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Napatech