ProGrade Digital, a privately owned company based in the US, was founded in 2017 with an estimated 20 employees. The company provides digital memory cards, card readers, and workflow software specifically designed for professionals who create using DSLR, mirrorless, camcorder, and digital cinema cameras.
On April 17, 2026, ProGrade Digital announced two new CFexpress and SD readers, which enable simultaneous data transfer from both slots at speeds up to 40Gbps, designed to double the performance for CFexpress and SDXC UHS-II memory card users. This followed the company's statement on April 16, 2026, that it was raising prices for its memory cards. ProGrade Digital attributed the price hikes to a global flash memory shortage driven by AI demand, which has tightened supply and increased costs. The company indicated that the situation had worsened in recent months with no clear relief expected for 2026, advising photographers and videographers to prepare for higher costs and limited availability.
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