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.
SensiML Corporation has signed a worldwide distribution agreement with Digi-Key Electronics, allowing Digi-Key to offer the Basic Edition of SensiML's Analytics Toolkit. This toolkit enables developers to build AI-based sensor applications efficiently through a three-step process: Data Capture Lab, Analytics Studio, and TestApp. The quarterly SaaS plan is designed to cater to small and mid-tier innovators, facilitating the rapid development of AI solutions for IoT products. The partnership aims to enhance customer reach and drive growth for SensiML.
SensiML Corporation, a developer of AI tools for IoT applications, has partnered with Microchip Technology to enhance AI code development for smart industrial and consumer IoT. This collaboration simplifies the integration of SensiML's Analytics Toolkit with Microchip's MPLAB X IDE, allowing developers to efficiently generate AI models using minimal power and memory. The combined tool suite supports a range of microcontrollers, with the SAM-IoT WG Development Board currently available. This partnership aims to transform sensor data into actionable insights, catering to diverse applications.
QuickLogic Corporation (NASDAQ: QUIK) announced that aiSensing has developed an AI-driven Industrial IoT solution for predictive maintenance applications. Utilizing QuickLogic's EOS™ S3 multi-core SoC and SensiML Analytics Toolkit, the solution monitors equipment status and detects fault modes without cloud reliance. The AI vibration sensor improves operational efficiency and reduces unnecessary maintenance costs. aiSensing's smart sensor is durable and suitable for various manufacturing applications, underscoring the significance of AI in Industry 4.0.
QuickLogic Corporation (NASDAQ: QUIK) announced its Q1 fiscal 2021 results, reporting revenues of $2.2 million, down 10% from Q4 2020, but up 4% year-over-year. New product revenue surged by 28% from Q4 2020 to reach $1.1 million, and increased 121% year-over-year due to growth in sensor and connectivity products. GAAP gross margin improved to 51.1%, while operating expenses decreased to $3.8 million. The net loss narrowed to $1.7 million, or $0.15 per share, compared to $3.2 million in Q1 2020. The company also gained $1.2 million from PPP loan forgiveness.
QuickLogic Corporation (NASDAQ: QUIK), a leader in ultra-low power multi-core voice-enabled SoCs and AI solutions, announces participation in key investor events. CEO Brian Faith will speak at the 16th Annual Needham Virtual Technology & Media Conference on May 20, 2021, at 6:30 a.m. PT, followed by the 7th Annual ROTH London Conference on June 21, 2021. One-on-one meetings will be available for investors. Details can be found on the company’s investor relations website.
SensiML Corporation has launched an Open Source Initiative aimed at accelerating the adoption of TinyML smart sensing IoT applications. This initiative enhances developers' control and insight over their machine learning workflows, ensuring transparency and efficiency. Key components introduced include SensiML Open Gateway, Open Data Interfaces, and Open Mobile TestApp, available immediately, while the Open Source Embedded SDK is set to release later this summer. This initiative is expected to simplify AI adoption at the IoT edge.
QuickLogic Corporation (NASDAQ: QUIK), a leader in ultra-low power multi-core SoCs and AI solutions, will participate in Oppenheimer's 6th Annual Emerging Growth Conference on May 11, 2021. CEO Brian Faith will be available for one-on-one meetings from 9:55 a.m. to 4:25 p.m. ET. Interested investors can contact QuickLogic's Investor Relations or Oppenheimer representatives to schedule meetings. The company specializes in low power semiconductor platforms and AI technologies, offering solutions for various applications including mobile and IoT.
QuickLogic Corporation (NASDAQ: QUIK) has announced a conference call to discuss its first-quarter fiscal year 2021 financial results, scheduled for May 18, 2021, at 5:30 p.m. ET. Investors can access the call via a toll-free number or through a webcast available on the company's investor relations site. QuickLogic specializes in ultra-low power multi-core semiconductor platforms and AI solutions, integrating eFPGA technology with various processing capabilities to enhance efficiency in IoT applications.
QuickLogic Corporation (NASDAQ: QUIK) announced its membership in the Open Source FPGA Foundation as a founding and Premier Member. This initiative aims to advance open-source FPGA capabilities by fostering collaboration among companies and universities. As a Premier Member, QuickLogic will join the Foundation's Board of Directors, enhancing its commitment to the open-source FPGA movement. QuickLogic is recognized for its ultra-low power semiconductor solutions and has actively embraced open-source tools through its QORC Initiative, promoting innovation in the FPGA technology space.
QuickLogic Corporation (NASDAQ: QUIK) has entered a worldwide distribution agreement with Mouser Electronics. This partnership allows design engineers to easily access QuickLogic’s EOS S3 low power microcontrollers and development kits, all supported by open source software. The EOS S3 platform is tailored for AI inferencing, voice applications, and IoT. CEO Brian Faith highlighted that Mouser's distribution model will facilitate faster product availability, enhancing design efficiency for customers. The agreement is effective immediately, aiming to streamline product access.
FAQ
What is the current stock price of QuickLogic (QUIK)?
What is the market cap of QuickLogic (QUIK)?
What does QuickLogic Corporation specialize in?
What are Customer Specific Standard Products (CSSPs)?
What industries does QuickLogic serve?
What recent achievements has QuickLogic announced?
What is eFPGA?
What is the Aurora 2.6 tool suite?
What is SensiML Corporation?
How did QuickLogic perform financially in the first quarter of 2024?
What is the significance of QuickLogic's inclusion in the Russell 3000® Index?
How can investors stay updated about QuickLogic?
