Welcome to our dedicated page for Quicklogic news (Ticker: QUIK), a resource for investors and traders seeking the latest updates and insights on Quicklogic stock.
Overview of QuickLogic Corporation
QuickLogic Corporation (NASDAQ: QUIK) is a fabless semiconductor company specializing in innovative, customizable silicon solutions that are tailored for mobile, aerospace, defense, consumer electronics, and industrial IoT markets. At its core, QuickLogic leverages advanced embedded FPGA technology and programmable silicon to deliver customer specific standard products (CSSPs) designed to enhance time-to-market, reduce power consumption, and address the complex design challenges of modern electronic systems. The company combines embedded FPGA IP, discrete FPGAs, and FPGA SoCs with state-of-the-art software enabling rapid prototyping and integration of AI, voice, and sensor processing functionalities within diverse applications.
Product Portfolio and Technological Innovations
QuickLogic's product portfolio is robust and diversified. The company offers:
- Embedded FPGA (eFPGA) IP: Flexible and customizable programmable logic cores that enable system designers to integrate tailored logic and features into their hardware designs.
- Discrete FPGAs and FPGA SoCs: High-performance semiconductor solutions that allow for the integration of complex functionalities while maintaining low power and compact form factors.
- Endpoint AI & Machine Learning Software: Through its subsidiary SensiML Corporation, QuickLogic provides AI/ML software that accelerates the deployment of intelligent algorithms at the edge, complementing its hardware offerings.
These solutions empower customers to quickly adapt to rapid market changes and evolving design requirements using programmable and reconfigurable silicon technologies. The adoption of such systems enhances system flexibility, reduces design risks, and extends the product lifecycle, particularly in mission-critical applications.
Industry Relevance and Market Position
QuickLogic operates in the highly competitive semiconductor sector, where the demand for low-power, compact, and versatile silicon solutions is incessant. By focusing on the specific needs of mobile and portable electronics OEMs and ODMs, as well as sectors like aerospace and defense, the company has positioned itself as a key enabler in markets that require rapid design cycles and extreme reliability. The integration of eFPGA technology into system architectures is a testament to QuickLogic’s commitment to meeting the design challenges posed by modern multi-core and high-performance applications.
Business Model and Revenue Streams
As a fabless semiconductor company, QuickLogic outsources fabrication while focusing on design, intellectual property (IP) development, and software tool integration. This capital-light approach allows the company to remain nimble and focus resources on innovation and customer-centric solution development. Revenue is generated primarily through IP licensing, customized solution contracts, and professional services that support its hardware platforms. Through strategic partnerships and distribution agreements with entities experienced in global component procurement and supply chain management, QuickLogic ensures broad market reach and robust support for its clientele.
Strategic Partnerships and Global Alliances
QuickLogic’s extensive network of global strategic partners has been pivotal in expanding its market influence. By partnering with companies specialized in electronic component distribution and aerospace/defense supply, QuickLogic ensures that its state-of-the-art solutions are accessible to a wide range of markets. These collaborations not only enhance the company’s visibility but also provide its customers with expert support, thereby reinforcing its reputation in mission-critical sectors. Each partnership is carefully cultivated to align with QuickLogic’s commitment to innovation, quality, and customer satisfaction.
Application Areas and Enhanced Capabilities
The company’s solutions are designed for a broad spectrum of applications:
- Mobile and Portable Electronics: Offering low power consumption and compact designs to meet the rapidly changing demands of mobile technology.
- Aerospace and Defense: Providing ruggedized FPGAs and customizable eFPGA IP that meet stringent requirements for reliability, performance, and security.
- Industrial and IoT: Enabling the integration of advanced sensor processing and AI/ML capabilities that drive automation and efficiency.
- Computing and Consumer Electronics: Delivering high-performance circuit solutions that support diverse functionalities with customizable logic resources.
By incorporating leading edge semiconductor practices and open-source design tools, QuickLogic simplifies complex design challenges and fosters innovation at the edge. The combination of hardware flexibility and AI-driven software platforms offers system designers an integrated solution that is both scalable and versatile.
Expertise, Innovation, and Market Impact
QuickLogic’s contributions to the semiconductor industry are underpinned by decades of experience in programmable logic and a deep understanding of evolving market needs. The company’s pioneering work in reconfigurable silicon design has created a competitive advantage that supports the development of systems that are agile, efficient, and cost-effective. Its technical expertise in integrating software with innovative silicon designs enables customers to achieve faster time-to-market while reducing the inherent risks in hardware design. This blend of technical prowess and market insight positions QuickLogic as an authoritative source of innovative solutions in the rapidly advancing semiconductor landscape.
Conclusion
In summary, QuickLogic Corporation is an established innovator in the realm of customizable semiconductor solutions. With a diverse portfolio built around embedded FPGA technology and a focus on strategic partnerships, QuickLogic is equipped to address the demanding and evolving needs of industries ranging from mobile and consumer electronics to aerospace, defense, and industrial IoT. Its commitment to delivering low power, high-performance, and cost-effective solutions continues to define its market significance and impact, ensuring that its customers remain at the forefront of technological innovation.
QuickLogic (NASDAQ: QUIK), a developer of embedded FPGA technology and AI solutions, will exhibit at the HEART 2025 Conference in Monterey on April 7-8, 2025. The company will demonstrate its adaptable eFPGA technology and Australis™ eFPGA IP Generator, which enables rapid creation of custom eFPGA IP cores optimized for power, performance, and area requirements.
The company has expanded its process portfolio to include Intel® 18A, GlobalFoundries® 12LP and 22FDX®, TSMC® N12e™, and UMC 22nm. With over 30 years of industry experience, QuickLogic serves the Aerospace and Defense sector by providing eFPGA IP, FPGA devices, and design tools that meet Size, Weight, and Power (SWaP) constraints while ensuring security and reliability in extreme conditions.
QuickLogic (NASDAQ: QUIK) has secured a $1.43 million Incremental Funding Modification (IFM) for its Strategic Radiation Hardened (SRH) Program. This additional funding supplements the $6.58 million contract awarded in December 2024, bringing the total program value to $8.01 million.
The funding supports the ongoing development and demonstration of high reliability SRH Field Programmable Gate Array (FPGA) technology, designed to meet Department of Defense (DoD) strategic and space system requirements. The company's FPGA and eFPGA Hard IP solutions are specifically engineered for Aerospace and Defense Industrial Base customers.
QuickLogic (NASDAQ: QUIK), a provider of embedded FPGA Hard IP and ruggedized FPGAs, has announced the eighth amendment to its amended and restated credit facility. The amendment, effective March 17, 2025, maintains the $20 million credit facility and extends the maturity date from December 31, 2025 to December 31, 2026.
CFO Elias Nader highlighted that the extension provides enhanced operational flexibility as the company continues execution on its large government contract, new eFPGA IP Licenses, and Storefront business. The company cited solid results and improving business outlook as factors in the credit facility extension.
QuickLogic (NASDAQ: QUIK) announced its participation at GOMACTech 2025, scheduled for March 18-19, 2025, at the Pasadena Convention Center. The company will showcase its Australis™ eFPGA IP Generator, which creates customized embedded FPGA IP cores tailored to specific customer requirements.
The technology leverages a common eFPGA architecture using 6-input Look-Up Tables, BlockRAM, and DSP resources, supporting various process technologies including Intel® 18A, GlobalFoundries® 12LP and 22FDX®, TSMC® N12e™, and UMC 22nm. QuickLogic's 30-year experience in the Aerospace and Defense sectors focuses on delivering solutions optimized for Size, Weight and Power requirements while addressing security, reliability, and operational demands in extreme environments.
QuickLogic (NASDAQ: QUIK) has secured a $1.1M contract to provide embedded FPGA (eFPGA) IP to a new Defense Industrial Base customer. The IP, targeting GlobalFoundries' 12LP, 12nm low-power process, is scheduled for delivery in Q2 2025.
The company will leverage its three-decade experience in providing SWaP-C-optimized programmable logic solutions to the defense sector. The eFPGA Hard IP offering spans multiple fabrication processes, enabling quick design-specific solutions while minimizing program risk.
QuickLogic (NASDAQ: QUIK) reported its Q4 and full-year 2024 financial results. Q4 revenue was $5.7 million, down 23.7% year-over-year but up 33.5% quarter-over-quarter. The company secured a $1.1 million eFPGA Hard IP contract with a new defense customer and received a $6.6 million fourth tranche from the US Government's Strategic Radiation Hardened FPGA Technology contract.
Q4 2024 financial highlights include:
- New product revenue: $4.7 million, down 31.8% YoY
- GAAP gross margin: 59.8%
- GAAP net loss: ($0.3 million) or ($0.02) per share
- Non-GAAP net income: $0.6 million or $0.04 per share
The company expects to achieve non-GAAP profitability and positive cash flow for full-year 2025, supported by its eFPGA Hard IP portfolio across six fabrication processes.
QuickLogic (NASDAQ: QUIK), a developer of embedded FPGA IP and ruggedized FPGAs and Endpoint AI solutions, has scheduled its fourth quarter fiscal 2024 financial results conference call for Tuesday, February 25, 2025 at 5:30 p.m. ET/2:30 p.m. PT.
The company will participate in two upcoming investor events: the Oppenheimer 10th Annual Emerging Growth Conference on February 26 (virtual 1-1 meetings) and the Starting Five Virtual #4 Conference on March 6. A webcast of the earnings call will be available on QuickLogic's IR Site Events Page for 12 months, and interested investors can contact QuickLogic Investor Relations for participation details.
QuickLogic (NASDAQ: QUIK) has announced the release of Aurora 2.9, an enhanced version of its eFPGA design software tool. The update introduces several key improvements, including a BlockRAM and DSP IP Configurator for better on-chip memory and DSP functions integration, up to 2X faster Place and Route (P&R) tools runtime, and custom function support through LUT macros.
The new version features improved Integrated Path Analysis (IPA) startup time and includes optional Synopsys Synplify logic synthesis in the Aurora PRO version. These enhancements aim to improve Quality of Results (QoR) and resource utilization efficiency, particularly benefiting engineers familiar with Synplify synthesis tools.
QuickLogic (NASDAQ: QUIK) has announced the integration of Synopsys Synplify® synthesis tool into its FPGA User Tools. This strategic integration aims to enhance QuickLogic's design environment by accelerating FPGA-based design cycles and improving Power, Performance, and Area (PPA) metrics.
The integration provides several key advantages, including enhanced Quality of Results (QoR) through Synplify's synthesis algorithms that maximize logic efficiency, performance, power consumption, and silicon area. Additionally, as Synplify is an industry-leading FPGA Synthesis tool, developers familiar with it can expect a faster, smoother synthesis cycle to meet project timelines.
QuickLogic (NASDAQ: QUIK) has announced its participation at the Chiplet Summit from January 21-23, 2025, at the Santa Clara Convention Center. The company, collaborating with YorChip, will showcase its FPGA, eFPGA, and IP solutions at Booth #323, demonstrating how these technologies serve as building blocks for creating low-power, flexible chiplets.
The exhibition will highlight three key aspects: the Known Good Chiplet Storefront featuring compatible chiplets with Universal PHY™ support, their Platform & Ecosystem that accelerates time-to-market, and Heterogeneous Integration capabilities for combining diverse technologies into unified solutions.
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