QuickLogic Corp - QUIK STOCK NEWS

QuickLogic (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs, and endpoint AI solutions, has signed a distribution agreement with Astute Electronics. This partnership aims to expand QuickLogic's global reach by supporting customers across Europe, Australia, Israel, Turkey, and New Zealand.

Astute Electronics, an expert in electronic component procurement and distribution, will deliver QuickLogic's solutions to diverse customers, particularly in Aerospace and Defense sectors. The collaboration is expected to enhance the accessibility of QuickLogic's FPGAs and eFPGA Hard IP in key regions, ensuring excellent customer service and support.

SensiML, a subsidiary of QuickLogic (NASDAQ: QUIK), has introduced a new generative AI feature in its Data Studio application for IoT edge devices. This innovative text-to-speech (TTS) and AI voice generation capability allows developers to create hyper-realistic synthetic speech datasets for building robust keyword recognition, voice command, and speaker identification models on low-power microcontrollers.

The new feature leverages ElevenLabs' speech generation technology to simplify the creation of large, high-quality datasets with customizable voice attributes. This advancement accelerates time-to-market for voice-enabled IoT devices by eliminating the need for manual recording of diverse speakers. The generated datasets are compatible with SensiML's Analytics Studio and open-source AutoML tool, Piccolo AI™, facilitating seamless model deployment.

Everspin Technologies (NASDAQ: MRAM) has secured a $1.8 million contract with QuickLogic (NASDAQ: QUIK) to provide its AgILYST MRAM technology, logic design, and manufacturing services for developing a Strategic Radiation Hardened (SRH) FPGA. This contract is part of a larger $5.26 million Strategic Radiation Hardened Contract awarded to QuickLogic by the Department of Defense (DoD).

The project aims to support current and future DoD strategic and space system requirements. Everspin's involvement builds on its 12 years of experience in delivering MRAM IP for strategic radiation hardened and space applications. The collaboration also includes Honeywell, focusing on integrating MRAM directly into the FPGA product for DoD applications.

QuickLogic (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs, and endpoint AI solutions, has announced its participation in the Nuclear and Space Radiation Effects Conference (NSREC) in Ottawa. The company will be exhibiting at Booth #200 on July 23-24, 2024, at the Shaw Centre. QuickLogic aims to showcase how its solutions are enhancing next-generation aerospace and defense applications with superior reliability and performance in radiation-hardened environments.

QuickLogic (NASDAQ: QUIK) has announced a new distribution agreement with Spur Microwave Inc. (Spur India) to expand its presence in the Indian market. Spur India, a prominent electronics distributor with over 25 years of experience, will now offer QuickLogic's innovative semiconductor products, including FPGAs and eFPGA Hard IP, throughout India.

This partnership aims to provide direct access to QuickLogic's products for customers in the region, particularly for space, avionics, and harsh environment applications where reliability is critical. The collaboration is expected to drive innovation and growth in the Indian electronics market, leveraging Spur India's expertise and QuickLogic's advanced semiconductor solutions.

QuickLogic (NASDAQ: QUIK) announced a $5.26 million contract award from the Department of Defense (DoD). This marks the third tranche of the Strategic Radiation Hardened (SRH) Contract initiated in August 2022. QuickLogic will act as the Prime Contractor, partnering with Honeywell Aerospace and Everspin Technologies. The project focuses on developing and demonstrating SRH high-reliability Field Programmable Gate Array (FPGA) technology for strategic and space system requirements. CEO Brian Faith highlighted the company's 30+ years of experience in delivering FPGA technology to aerospace and defense sectors.

SensiML , a subsidiary of QuickLogic (NASDAQ: QUIK), has launched Piccolo AI, the first open-source AutoML solution for IoT edge AI. This initiative aims to democratize access to edge AI technology, allowing developers and researchers to create intelligent sensor algorithms with ease. The project includes a comprehensive suite of resources, accessible at sensiml.org, and a dedicated community forum at forum.sensiml.org for collaboration. The core codebase is available on GitHub, enabling users to leverage cutting-edge technology and contribute to ongoing advancements. CEO Chris Rogers highlights that this launch is a significant milestone in making AI technology more accessible and fostering community-driven innovation.

QuickLogic (NASDAQ: QUIK) will exhibit at DAC 2024 in San Francisco from June 24-26. The company will showcase its eFPGA Hard IP technology and Australis™ IP Generator at Booth #2358. Dr. Tim Saxe, CTO of QuickLogic, will present at the Intel Foundry booth on June 25th. The eFPGA Hard IP provides post-manufacturing design flexibility, increasing device market size and lifecycle, enhancing profitability. Australis™ IP Generator automates eFPGA Hard IP generation, enabling cost-effective targeting of various foundries and process nodes.

QuickLogic announced its partnership with Intel Foundry's Accelerator IP and USMAG Alliance Programs, allowing Intel Foundry customers to utilize QuickLogic's embedded FPGA (eFPGA) Hard IP and open-source development tools. This collaboration aims to provide customer-definable eFPGA Hard IP optimized for Power, Performance, and Area on the Intel 18A process. QuickLogic's inclusion in these alliances marks a strategic milestone, enhancing the availability of their technology across various sectors, including consumer, industrial, aerospace, and defense. With over 30 years of experience and 50 million devices shipped, QuickLogic leverages its proprietary Australis IP Generator to deliver optimized eFPGA cores, meeting diverse customer needs without compromising time-to-market.