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.
QuickLogic Corporation (NASDAQ: QUIK) is a pioneering fabless semiconductor company specializing in customizable, low-power silicon solutions for mobile and portable electronics. With over three decades of experience, QuickLogic has established itself as an industry leader in providing embedded FPGA (eFPGA) intellectual property (IP), multi-core semiconductor system-on-chips (SoCs), discrete FPGAs, and AI software, enhancing the design and functionality of high-tech devices.
QuickLogic's flagship product offerings include their Customer Specific Standard Products (CSSPs), which allow for rapid development and longer market sustainability, crucial for the fast-paced mobile and portable electronics sectors. These solutions cater to a broad range of industries including Aerospace and Defense, Consumer/Industrial IoT, and Consumer Electronics markets, providing tailored silicon and software platforms.
Recent achievements highlight QuickLogic's innovative edge:
- In March 2024, QuickLogic was selected by a large multi-national company for eFPGA IP targeting the TSMC N12e 12nm process. This partnership will result in ultra-low-power SoCs leveraging AI for commercial and industrial IoT applications.
- QuickLogic announced its participation in the GOMACTech 2024 Conference to showcase its groundbreaking FPGA and eFPGA cores.
- In collaboration with Zero-Error Systems America (ZES), QuickLogic is developing radiation-tolerant eFPGA IP for space applications, addressing demand for reliable reprogrammable hardware in satellite technology.
- The release of Aurora 2.6, an advanced eFPGA development tool suite, supports both Windows and Linux platforms, offering performance boosts and new interactive features.
- QuickLogic's subsidiary, SensiML, launched a disruptive open-source AutoML solution for edge AI/ML development, further democratizing AI technology for IoT devices.
- QuickLogic's financial performance remains robust, with revenue growth and strategic inclusion in the Russell 3000® Index recognizing its market significance.
QuickLogic's end-to-end solution portfolio is completed by SensiML Corporation, providing AI/ML software that accelerates edge AI applications. Their unique approach combines hardware and software solutions to deliver efficient, low-power AI processing at the endpoint, enhancing device intelligence and functionality.
For more information, visit quicklogic.com.
QuickLogic (NASDAQ: QUIK) has launched its first customer-defined eFPGA block compatible with the GlobalFoundries 22FDX® process, available through its Australis™ IP Generator tool. This allows for rapid customization, enabling developers to adapt designs to evolving workload requirements quickly. QuickLogic supports various industry sectors such as IoT and aerospace with enhanced flexibility in system-on-chip (SoC) applications. The Australis tool can generate eFPGA IP in weeks, significantly faster than competitors, promoting extended product life and cost amortization.
QuickLogic Corporation (NASDAQ: QUIK) has appointed Owen Bateman as Vice President of Worldwide Sales, effective immediately. With over 30 years of semiconductor sales experience, Bateman has been instrumental in securing significant design wins, contributing to strong revenue growth. He will oversee corporate direct and field sales channels and aims to implement new sales strategies across a diverse customer base. Brian Faith, QuickLogic's CEO, expressed confidence in Bateman's leadership, particularly in driving key strategic initiatives in the eFPGA and SensiML areas.
SensiML Corporation has partnered with Direct Insight to enhance technical sales and support for its AI-driven IoT products across the UK and Ireland. This collaboration aims to leverage Direct Insight's expertise in embedded development to facilitate the creation of intelligent IoT endpoints using SensiML's Analytics Toolkit. Effective immediately, Direct Insight will provide full sales and support services for SensiML's product line, which supports various microcontrollers and processors, enabling developers to innovate without extensive AI knowledge.
QuickLogic Corporation (NASDAQ: QUIK) announced a new $1.5 million eFPGA contract, adding to over $5 million in eFPGA contracts secured in the past three quarters. The award was facilitated by the Australis eFPGA IP Generator and the company’s expertise in the process node. The revenue from this contract will be recognized throughout fiscal 2022 without altering first quarter revenue guidance. CEO Brian Faith highlighted increasing interest from new customers in various industries.
SensiML Corporation announced support for AI/ML development on the Arduino Nicla Sense ME board, which integrates Bosch Sensortec sensors. This collaboration enables developers to leverage the SensiML Analytics Toolkit to enhance IoT applications with local intelligence. The board features a compact design with a 64 MHz 32-bit Arm Cortex-M4 processor and various Bosch sensors, suitable for smart home, wearables, and industrial applications. The SensiML Toolkit simplifies the development process, requiring no extensive AI expertise, making intelligent IoT endpoints more accessible.
QuickLogic Corporation (NASDAQ: QUIK) will exhibit at GOMACTech 2022 in Miami, FL, from March 22-23. The company specializes in ultra-low power multi-core voice-enabled SoCs and embedded FPGA (eFPGA) IP solutions. At the event, QuickLogic will showcase its radiation-hardened eFPGA IP cores, highlighting their adaptability for space applications and other environments requiring radiation tolerance. The customizable eFPGA technology can be integrated into ASIC and SoC devices, supporting mission-critical applications.
SensiML Corporation, a pioneer in AI tools for IoT, has announced its CTO, Dr. Chris Knorowski, will present at the tinyML Summit 2022 on March 30 at 1:55 p.m. PDT. The event will take place at the Hyatt Regency San Francisco Airport, Burlingame, California. Dr. Knorowski's presentation will focus on the use of TinyML for predictive maintenance in high-tech manufacturing, showcasing how SensiML's Analytic Toolkit and Adapdix EdgeOps system can enhance productivity and reduce downtime. SensiML, a subsidiary of QuickLogic (NASDAQ: QUIK), is set to demonstrate its innovative solutions at the summit.
QuickLogic Corporation (NASDAQ: QUIK) has announced its first customer-defined embedded FPGA (eFPGA) block tailored for TSMC's 22nm process node, generated by the Australis IP Generator. This development enables rapid customization, allowing SoC developers to integrate the eFPGA IP into their devices within weeks. The solution supports both open-source tools and QuickLogic's Aurora FPGA User Tools, enhancing post-production flexibility. This innovation aims to extend the market life of complex SoCs, effectively increasing profitability and ROI.
QuickLogic Corporation (NASDAQ: QUIK) announced a new eFPGA contract valued at approximately $1 million, facilitated by its Australis™ eFPGA IP Generator launched in September 2021. This tool allows for rapid, customized eFPGA IP generation optimized for various foundry/process nodes. Revenue from this contract is expected to be recognized during the first half of fiscal 2022, while the company's revenue guidance for the first quarter of fiscal 2022 remains unchanged. QuickLogic continues to see growing interest in its eFPGA solutions across multiple market segments.
QuickLogic Corporation (NASDAQ: QUIK) has partnered with SkyWater Technology (NASDAQ: SKYT) to release the first rad-hard eFPGA IP for SkyWater's 90 nm RH90 process. This innovation provides enhanced design flexibility and fast boot capabilities, achieving sub-100 microsecond boot times. The eFPGA technology supports applications in defense, aerospace, and rugged environments while extending device life cycles. The collaboration aims to deliver high-density, high-performance solutions for mission-critical applications.
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