Strategic partnership with SECO

Raspberry Pi (LSE: RPI), a leader in low-cost, high-performance computing, announces a strategic partnership with SECO S.p.A ("SECO"), the leading Italian based provider of IoT solutions, payment systems and industrial hardware, ahead of the Compute Module 5 ("CM5") product launch. The partnership will see SECO bring to market a new Human-Machine Interface solution based on CM5.

The strategic commercial agreement highlights further progress in Raspberry Pi's direct to OEM strategy and is aimed at expanding the business opportunities for both companies through collaboration on hardware and software development. This partnership combines SECO's expertise in IoT technologies with Raspberry Pi's versatile computing solutions, allowing both companies to address the growing demands of industrial applications through innovative, customised products.

SECO will leverage its hardware design expertise to bring a 10.1-inch Human-Machine Interface (HMI) solution to market targeting a wide range of industrial and IoT applications. The product is based on Raspberry Pi's CM5 and supports Raspberry Pi OS to simplify integration. In addition, Raspberry Pi Connect will be incorporated into SECO's software stack, Clea, making Raspberry Pi Connect part of Clea's commercial offering on Raspberry Pi devices.

The partnership will explore medium-term opportunities in other industrial areas, including image recognition, edge AI, leveraging SECO's long history and know-how in sectors including energy management, smart building, healthcare, coffee and vending and industrial automation. Both SECO and Raspberry Pi are committed to working together to drive growth, efficiency, and innovation in the embedded and industrial markets.

Raspberry Pi CEO, Dr Eben Upton commented: "Our enhanced public profile in the wake of June's

successful IPO has opened doors at multiple industrial-focused OEMs, as demonstrated by this exciting new

agreement with SECO. Our two companies' combined hardware and software capabilities will allow us to

deliver solutions for our mutual customers that address demanding use cases at cost effective price points."

SECO CEO, Massimo Mauri commented: "This partnership represents a great opportunity for SECO to leverage Raspberry Pi's widely adopted hardware technology and combine the strengths of both companies in software development. We are confident that our combined expertise will drive business growth and innovation in the industrial IoT space, delivering significant value to our stakeholders."