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 Corporation (NASDAQ: QUIK) is co-exhibiting at the Design Automation Conference (DAC) from December 6-8, 2021, in San Francisco, CA. The event will feature a panel discussion titled 'The Promise and Challenges of the Open-Source Movement in FPGAs', where CEO Brian Faith will participate alongside industry leaders. The discussion is scheduled for December 9, 2021, from 3:30-4:15 p.m. PST at the Moscone Convention Center.
QuickLogic specializes in low-power, multi-core semiconductor solutions for AI and sensor processing.
QuickLogic Corporation (NASDAQ: QUIK) announced that Brian Faith, President and CEO, will speak at the Oppenheimer 5G Summit on December 14, 2021, at 1:15 p.m. ET. This virtual conference focuses on wireless and cloud convergence. Investors can engage in one-on-one meetings with Mr. Faith by contacting QuickLogic Investor Relations or their Oppenheimer representative. A webcast of the presentation will be accessible on QuickLogic's website, along with current investor presentations. QuickLogic specializes in low-power multi-core SoCs and AI solutions.
QuickLogic Corporation (NASDAQ: QUIK) reported strong Q3 fiscal 2021 results, with revenue reaching $3.9 million, a 34% increase from Q2 and a 117% rise year-over-year. The company achieved a gross margin of 70.8%, driven by IP-related products, marking the highest in its history. New product revenue soared by 119% from Q2 to $2.8 million. Notably, QuickLogic secured a $2 million eFPGA contract and introduced the Australis eFPGA IP Generator. Despite a GAAP net loss of $1.3 million, the company is showing positive growth trends.
QuickLogic Corporation (NASDAQ: QUIK) announced the appointment of Radhika Krishnan to its Board of Directors, effective immediately. Krishnan, who brings expertise in IoT, data management, AI/ML, and industrial IoT, currently serves as Chief Product Officer at Hitachi Vantara. Her role involves overseeing product strategy, delivery, and P&L for various solutions. QuickLogic's president, Brian Faith, expressed enthusiasm for her joining the board, anticipating benefits from her extensive technology and business experience. Krishnan holds degrees in Electrical Engineering and an MBA.
QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs and AI solutions, will participate in the Roth 10th Annual Technology Virtual Event on November 18, 2021. Brian Faith, President and CEO, is scheduled for one-on-one meetings from 9:45 a.m. to 2:10 p.m. ET. Investors interested in meeting with him can contact QuickLogic Investor Relations via email. The company specializes in low power semiconductor platforms and has solutions applicable in various sectors, including mobile, wearable, and IoT.
On November 4, 2021, SensiML Corporation announced a collaboration with onsemi to provide a comprehensive machine learning solution for autonomous sensor data processing. This partnership combines SensiML's Analytics Toolkit with onsemi's RSL10 Sensor Development Kit, enabling efficient edge sensing for industrial applications.
The platform allows developers to implement predictive algorithms with minimal latency, enhancing operational efficiency and safety in critical processes by reducing reliance on cloud analytics.
QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power voice-enabled SoCs and AI solutions, announced participation in the 12th Annual Craig-Hallum Alpha Select Conference on November 16, 2021. CEO Brian Faith will be available for one-on-one meetings from 9:45 a.m. to 2:20 p.m. ET. Interested investors can contact QuickLogic’s Investor Relations for scheduling. QuickLogic focuses on low power semiconductor platforms integrating eFPGA, AI, and sensor processing for various applications, enhancing the efficiency of mobile, wearable, and IoT technologies.
QuickLogic Corporation (NASDAQ: QUIK) announced the launch of its first customer-defined embedded FPGA (eFPGA) block utilizing the Australis IP Generator for the UMC 22nm process. This innovation allows for fast eFPGA IP generation, supporting various foundries and process nodes. Clients can customize their designs within weeks, enhancing the longevity and profitability of high-investment SoCs across markets like smart IoT and healthcare. With the Australis tool, QuickLogic addresses previous limitations in eFPGA offerings, enabling more flexible and competitive designs.
QuickLogic Corporation (NASDAQ: QUIK) will discuss its third quarter fiscal year 2021 financial results in a conference call on November 17, 2021, at 5:30 p.m. ET. The call can be accessed by dialing 1-877-407-0792 for domestic or 1-201-689-8263 for international participants. A replay will be available until November 24, 2021. QuickLogic develops low power, multi-core semiconductor solutions for AI, voice, and sensor processing, enhancing the use of AI technology across various sectors.
QuickLogic Corporation (NASDAQ: QUIK) announced that two long-time investors acquired 198,664 shares in separate private placements, raising approximately $1.08 million. This investment supports QuickLogic's eFPGA growth initiatives, following a recent $2 million eFPGA contract. The firm expects fiscal third-quarter revenue to range between $3.8 million and $3.9 million, slightly above prior guidance. Cash usage is projected at $500,000 to $700,000, excluding financing effects. All projections are preliminary and subject to final financial statement completion.
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