QuickLogic Announces $1.4 Million Incremental Funding Modification for its Strategic Radiation Hardened Program
QuickLogic (NASDAQ: QUIK) has secured a $1.43 million Incremental Funding Modification (IFM) for its Strategic Radiation Hardened (SRH) Program. This additional funding supplements the $6.58 million contract awarded in December 2024, bringing the total program value to $8.01 million.
The funding supports the ongoing development and demonstration of high reliability SRH Field Programmable Gate Array (FPGA) technology, designed to meet Department of Defense (DoD) strategic and space system requirements. The company's FPGA and eFPGA Hard IP solutions are specifically engineered for Aerospace and Defense Industrial Base customers.
QuickLogic (NASDAQ: QUIK) ha ottenuto un finanziamento incrementale di 1,43 milioni di dollari per il suo Programma di Radiazione Strategica Resistente (SRH). Questo finanziamento aggiuntivo integra il contratto di 6,58 milioni di dollari assegnato a dicembre 2024, portando il valore totale del programma a 8,01 milioni di dollari.
Il finanziamento supporta lo sviluppo e la dimostrazione in corso della tecnologia SRH Field Programmable Gate Array (FPGA) ad alta affidabilità, progettata per soddisfare i requisiti strategici e dei sistemi spaziali del Dipartimento della Difesa (DoD). Le soluzioni FPGA e eFPGA Hard IP dell'azienda sono specificamente progettate per i clienti del Settore Aerospaziale e della Difesa.
QuickLogic (NASDAQ: QUIK) ha asegurado una modificación de financiamiento incremental de 1,43 millones de dólares para su Programa de Radiación Estratégica Resistente (SRH). Este financiamiento adicional complementa el contrato de 6,58 millones de dólares otorgado en diciembre de 2024, elevando el valor total del programa a 8,01 millones de dólares.
El financiamiento apoya el desarrollo y la demostración en curso de la tecnología SRH Field Programmable Gate Array (FPGA) de alta confiabilidad, diseñada para cumplir con los requisitos estratégicos y de sistemas espaciales del Departamento de Defensa (DoD). Las soluciones FPGA y eFPGA Hard IP de la empresa están específicamente diseñadas para clientes de la Base Industrial Aeroespacial y de Defensa.
QuickLogic (NASDAQ: QUIK)는 전략적 방사선 내성(SRH) 프로그램을 위한 143만 달러의 추가 자금을 확보했습니다. 이 추가 자금은 2024년 12월에 수여된 658만 달러의 계약을 보완하여 프로그램 총 가치를 801만 달러로 끌어올립니다.
이 자금은 국방부(DoD)의 전략적 및 우주 시스템 요구 사항을 충족하도록 설계된 고신뢰성 SRH 필드 프로그래머블 게이트 어레이(FPGA) 기술의 지속적인 개발 및 시연을 지원합니다. 회사의 FPGA 및 eFPGA 하드 IP 솔루션은 항공 우주 및 방위 산업 고객을 위해 특별히 설계되었습니다.
QuickLogic (NASDAQ: QUIK) a obtenu un financement supplémentaire de 1,43 million de dollars pour son programme de protection stratégique contre les radiations (SRH). Ce financement additionnel complète le contrat de 6,58 millions de dollars attribué en décembre 2024, portant la valeur totale du programme à 8,01 millions de dollars.
Le financement soutient le développement et la démonstration en cours de la technologie SRH Field Programmable Gate Array (FPGA) à haute fiabilité, conçue pour répondre aux exigences stratégiques et aux systèmes spatiaux du Département de la Défense (DoD). Les solutions FPGA et eFPGA Hard IP de l'entreprise sont spécialement conçues pour les clients du secteur aérospatial et de la défense.
QuickLogic (NASDAQ: QUIK) hat eine 1,43 Millionen Dollar Erhöhung der Finanzierung (IFM) für sein Programm zur strategischen Strahlenschutztechnologie (SRH) gesichert. Diese zusätzliche Finanzierung ergänzt den 6,58 Millionen Dollar Vertrag, der im Dezember 2024 vergeben wurde, und bringt den Gesamtwert des Programms auf 8,01 Millionen Dollar.
Die Finanzierung unterstützt die laufende Entwicklung und Demonstration der hochzuverlässigen SRH Field Programmable Gate Array (FPGA) Technologie, die darauf ausgelegt ist, die strategischen und Raumfahrtanforderungen des Verteidigungsministeriums (DoD) zu erfüllen. Die FPGA- und eFPGA-Hard-IP-Lösungen des Unternehmens sind speziell für Kunden aus der Luft- und Raumfahrt- sowie Verteidigungsindustrie konzipiert.
- Secured additional $1.43M in funding for Strategic Radiation Hardened Program
- Total program value increased to $8.01M with December 2024 contract
- Expanded scope of ongoing defense contract indicates strong government relationship
- None.
"Our FPGA and eFPGA Hard IP solutions are specifically engineered to meet the stringent standards of Aerospace and Defense Industrial Base customers," said Brian Faith, president and CEO of QuickLogic. "This Incremental Funding Modification and the recently expanded scope of our ongoing contract underscore the value of the SRH program's aim to meet identified and future Department of Defense (DoD) strategic and space system requirements."
About QuickLogic
QuickLogic Corporation is a fabless semiconductor company specializing in eFPGA Hard IP, discrete FPGAs, and endpoint AI solutions. QuickLogic's unique approach combines cutting-edge technology with open-source tools to deliver highly customizable, low-power solutions for industrial, aerospace, consumer, and computing markets. For more information, visit www.quicklogic.com.
QuickLogic and logo are registered trademarks of QuickLogic. All other trademarks are the property of their respective holders and should be treated as such.
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SOURCE QuickLogic Corporation
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