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) announced its participation in three investor conferences scheduled for November and December 2022. The events include the Roth 11th Annual Technology Event on November 16 at the Yale Club in New York, the Craig-Hallum Alpha Select Conference on November 17 at the Sheraton New York Times Square, and the Oppenheimer 5G Summit on December 13 (virtual). Interested investors should contact QuickLogic Investor Relations. Webcasts and investor presentations will be available on QuickLogic's website.
QuickLogic Corporation (NASDAQ: QUIK) has signed a distribution agreement with Taiwanese distributor MA Technology to expand its embedded FPGA (eFPGA) IP offerings in Taiwan. This partnership enhances SoC developers' design flexibility, allowing post-production changes to address evolving market needs and competitive challenges. MA Technology will incorporate QuickLogic's eFPGA technology into various applications, including storage, communications, and consumer electronics. The eFPGA IP is available for immediate integration, enabling faster and more efficient SoC development.
QuickLogic Corporation (NASDAQ: QUIK) announced the resignation of Dan Rabinovitsj from its Board of Directors, effective November 1, 2022. Rabinovitsj, who has served since 2014, will pursue a new opportunity in life sciences. Chairman Michael R. Farese acknowledged Rabinovitsj's contributions to QuickLogic’s technology and financial strategy during his tenure. QuickLogic will continue with a seven-member board and remains focused on its embedded FPGA technology. The company aims for profitable growth under CEO Brian Faith’s leadership in the evolving semiconductor industry.
QuickLogic Corporation (NASDAQ: QUIK) has scheduled a conference call for November 15, 2022, at 5:30 p.m. ET to discuss its third quarter fiscal year 2022 financial results. Investors can dial in toll-free at 1-877-407-0792 or internationally at 1-201-689-8263, with no passcode required. A replay will be available until November 22, 2022, and a webcast will be accessible on QuickLogic's Investor Relations site for 12 months. The company specializes in ultra-low power multi-core voice-enabled SoCs and AI solutions.
Everspin Technologies (NASDAQ:MRAM) has signed a contract with QuickLogic (NASDAQ:QUIK) to provide MRAM technology and manufacturing services, valued initially at $2.8M, with potential growth to $8.7M. This project aims to develop Strategic Radiation Hardened (SRH) FPGA technology for Department of Defense applications. Everspin's MRAM technology, noted for its radiation immunity, will be integrated into FPGA products, expanding its market reach. Everspin and QuickLogic express confidence in the collaboration's potential to innovate for harsh environments.
QuickLogic Corporation (NASDAQ: QUIK) has partnered with Hefei ChipMotion Microelectronics to provide turnkey eFPGA design support for SoC designs. This collaboration will enable ChipMotion to enhance its eFPGA distribution in China by integrating QuickLogic's Australis™ eFPGA IP technology. The partnership aims to give SoC developers greater design flexibility post-manufacturing, allowing for custom logic implementations and extended product lifecycles. QuickLogic's eFPGA technology supports multiple process nodes, enhancing profitability and adaptability in competitive markets.
QuickLogic Corporation (NASDAQ: QUIK) announced a registered direct offering of 487,279 shares, raising approximately $3.2 million at a price of $6.57 per share. The offering, supported by current institutional investors, represents about 3.9% of outstanding shares as of September 14, 2022. This funding enhances the Company's balance sheet and working capital, enabling it to continue growth, hire more engineers, and achieve profitability. QuickLogic aims to leverage its $100 million sales funnel as it builds on 30 years of expertise in FPGA technology.
QuickLogic Corporation (NASDAQ: QUIK) has secured a $6.9 million Base Contract from the US Government to develop Strategic Radiation Hardened FPGA technology. This project, sponsored by the DoD's Trusted and Assured Microelectronics Program, begins this month and could expand to $72 million through additional options over multiple years. The company will collaborate with SkyWater Technologies, Everspin Technologies, and others, focusing on high-reliability applications for defense systems.
QuickLogic Corporation (NASDAQ: QUIK) will participate virtually in the H.C. Wainwright 24th Annual Global Investment Conference from September 12-14, 2022. The company develops ultra-low power multi-core voice-enabled SoCs and AI solutions. A webcast of their presentation will begin on September 12 at 7:00 a.m. ET, with virtual meetings available on September 13 from 8:00 a.m. ET to 11:00 a.m. ET. Interested investors can contact QuickLogic Investor Relations for participation details. More information and resources are available on their website.
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