DUG Technology (ASX:DUG) share price flying 17% higher today

The DUG Technology Ltd (ASX: DUG) share price is soaring today, but with no news out from the company, it might be worth taking a look at recent developments in the company.

For some, it might be the first time even hearing of DUG before, so we’ll run cover what the company does at a high level.

At the time of writing, the DUG share price is trading 18% higher to $1.14.

DUG is super smart

Listed in August last year, DUG is a technology company that provides high-performance computing as a service (HPCaaS). In this day and age processing power is required by many industries. Some of the world’s most complex problems are being deciphered not by people in a room, but by supercomputers in specialised facilities.

Originally founded…