The SMT700 is a PXI express Chameleon board designed for a variety of FPGA centric applications. Built around the fastest Virtex-5 FPGA, the SMT700 is a reconfigurable and adaptable solution using the Sundance mezzanine cards for signal intelligence, accelerated parallel computing, software defined radio, satellite communications, radar and imaging applications. The FPGA processing resources can be used to implement complex DSP algorithms and imaging functions in real time. The reconfigurable, flexible and scalable PXI Express series is complemented by the Sundance hardware and software solutions.