Drive maker Seagate says it’s built the world’s fastest solid-state drive (SSD).

The drive is capable of throughput performance of 10 gigabytes per second, which Seagate says is more than 4GB/s faster than the fastest SSD on the market.

“Organizations that would most benefit from this solution include those processing data for object storage or in real-time, where speed matters most for results, such as large-scale cloud providers and web applications, weather modeling, or statistical trends analysis,” the company said in a statement. “The unit could be used in an all-flash array or as an accelerated flash tier with hard-disk drives (HDDs) for a more cost-effective hybrid storage alternative.”

The device is expected to launch this summer, but pricing was not announced. It will work with any system that supports the Non-Volatile Memory Express (NVMe) protocol, which is intended to replace the legacy Serial AT Attachment (SATA) standards.

Seagate also teased a 6.7GB/s second unit for eight-lane PCIe slots. “The eight-lane solution will provide an alternative for organizations looking for the highest levels of throughput speed but in environments limited by power usage requirements or cost,” the company said.

SSDs benefit from having no moving parts, making their rates of failure much lower. Users can also more quickly transfer data to an SSD than a regular drive.

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But they’re often pricier than hard disk drives (HDDs). A December report from DRAMeXchange, however, found that SSD prices are coming down; prices in the fourth quarter fall by 10-11 percent compared to the third quarter. 

The news comes just a day after Seagate revealed a phishing attack that allowed malicious hackers to obtain employees’ 2015 U.S. W-2 forms. Seagate will offer employees two years of credit monitoring.