Yes, and it doesn't in the slightest impair their ability to keep my data.
In another post of yours in this thread you mention that you have gone "all in on M-Disc" for your archiving, which come with much lower transfer rates (they typically max out at ~16 MB/sec last time I checked) and the requirement of actively managing disc swapping along the way. I'm sure you can appreciate the far more efficient option of a slow 2.5" SMR drive.
Enterprise grade, CMR 7200+RPM hard droves, on the other hand, are closer to ten times faster than uray, so more worth it.