Lexar has announced its upcoming Lexar Professional CFexpress USB 3.1 Reader, a budget-friendly CFexpress card reader that offers impressive speeds in a compact package.

The Lexar Professional CFexpress USB 3.1 Reader is based on the USB 3.1 Gen 2 Type-C interface and can deliver read speeds up to 1,050MB/s through its CFexpress Type B card slot. It measures in at roughly 5.6cm x 4.7cm x 1.3cm (1.1” x 1.5” x .14”), weighs just 21g (0.74oz) and can operate between -10°C to 70°C (14°F to 158°F) if you really feel like putting it to the test.

Despite having a USB Type-C host port on the reader, Lexar opted to only include a USB Type-C to USB Type-A cable within the box. So, if you’re wanting a USB Type-C to USB Type-C connection, you’ll need to supply your own cable.

The good news is, this omission likely plays a role in the affordability of this card reader. The Lexar Professional CFexpress USB 3.1 Reader is currently available to pre-order for just $50 (Adorama, B&H). At this time, it appears to be the cheapest CFexpress card reader from major brands, including SanDisk ($70), Sony ($100), ProGrade ($100), Delkin ($55) and even Wise ($59).