QuickLogic Announces $6.575 Million Contract Award for its Strategic Radiation Hardened Program
QuickLogic (NASDAQ: QUIK) has secured a $6.575 million contract for its Strategic Radiation Hardened (SRH) program, marking the fourth tranche of funding in a multi-year initiative that began in August 2022. The contract supports the development and demonstration of SRH high-reliability Field Programmable Gate Array (FPGA) technology aimed at meeting Department of Defense (DoD) strategic and space system requirements. As Prime Contractor, QuickLogic has now received over $33 million in total funding for this specialized program, which focuses on delivering innovative FPGA technology for the Aerospace and Defense Industrial Base (DIB).
QuickLogic (NASDAQ: QUIK) ha ottenuto un contratto di $6.575 milioni per il suo programma di Radiazione Strategica Rinforzata (SRH), segnando la quarta tranche di finanziamento in un'iniziativa pluriennale iniziata nell'agosto 2022. Il contratto supporta lo sviluppo e la dimostrazione della tecnologia FPGA (Field Programmable Gate Array) SRH ad alta affidabilità, mirata a soddisfare i requisiti strategici e dei sistemi spaziali del Dipartimento della Difesa (DoD). In qualità di Contraente Principale, QuickLogic ha ora ricevuto oltre $33 milioni in totale per questo programma specializzato, che si concentra sulla fornitura di tecnologia FPGA innovativa per il Settore Aerospaziale e della Difesa (DIB).
QuickLogic (NASDAQ: QUIK) ha obtenido un contrato de $6.575 millones para su programa de Radiación Estratégica Reforzada (SRH), marcando la cuarta etapa de financiación en una iniciativa de varios años que comenzó en agosto de 2022. El contrato apoya el desarrollo y la demostración de la tecnología FPGA (Field Programmable Gate Array) SRH de alta fiabilidad, destinada a cumplir con los requisitos estratégicos y de sistemas espaciales del Departamento de Defensa (DoD). Como Contratista Principal, QuickLogic ha recibido más de $33 millones en financiamiento total para este programa especializado, que se centra en ofrecer tecnología FPGA innovadora para la Base Industrial Aeroespacial y de Defensa (DIB).
퀵로직 (NASDAQ: QUIK)은 전략적 방사선 경화(SRH) 프로그램을 위한 657.5만 달러 계약을 체결하여 2022년 8월에 시작된 다년간 이니셔티브의 네 번째 자금 지원 분할을 기념했습니다. 이 계약은 국방부(DoD)의 전략 및 우주 시스템 요구 사항을 충족하는 것을 목표로 하는 SRH 고신뢰성 필드 프로그래머블 게이트 어레이(FPGA) 기술의 개발 및 시연을 지원합니다. 주 계약자로서 퀵로직은 이 특수 프로그램을 위해 총 3,300만 달러 이상의 자금을 수령했습니다. 이 프로그램은 항공우주 및 방위 산업 기반(DIB)을 위한 혁신적인 FPGA 기술 제공에 중점을 두고 있습니다.
QuickLogic (NASDAQ: QUIK) a obtenu un contrat de 6,575 millions de dollars pour son programme de protection stratégique contre les radiations (SRH), marquant la quatrième tranche de financement d'une initiative pluriannuelle qui a débuté en août 2022. Le contrat soutient le développement et la démonstration de la technologie FPGA (Field Programmable Gate Array) SRH à haute fiabilité, visant à répondre aux exigences stratégiques et aux systèmes spatiaux du Département de la Défense (DoD). En tant que contractant principal, QuickLogic a maintenant reçu plus de 33 millions de dollars de financement total pour ce programme spécialisé, qui se concentre sur la fourniture de technologies FPGA innovantes pour le secteur aérospatial et de défense (DIB).
QuickLogic (NASDAQ: QUIK) hat einen Vertrag über 6,575 Millionen Dollar für sein Programm zur strategischen Strahlenschutztechnologie (SRH) gesichert, was die vierte Tranche der Finanzierung in einer mehrjährigen Initiative markiert, die im August 2022 begann. Der Vertrag unterstützt die Entwicklung und Demonstration der SRH-Hochzuverlässigkeitsfeldprogrammierbaren Gatteranordnung (FPGA)-Technologie, die darauf abzielt, die Anforderungen des Verteidigungsministeriums (DoD) an strategische und weltraumgestützte Systeme zu erfüllen. Als Hauptauftragnehmer hat QuickLogic nun insgesamt über 33 Millionen Dollar an Mitteln für dieses spezialisierte Programm erhalten, das sich auf die Bereitstellung innovativer FPGA-Technologie für die Luft- und Raumfahrt- und Verteidigungsindustrie (DIB) konzentriert.
- Secured new $6.575 million contract for SRH program
- Total funding received exceeds $33 million since August 2022
- Maintains position as Prime Contractor for strategic defense program
- None.
Insights
This
The company's role as Prime Contractor indicates its technical leadership in this specialized field. Radiation-hardened FPGAs typically command premium pricing due to their specialized nature and rigorous certification requirements. This contract not only provides immediate revenue but also positions QuickLogic to capture future opportunities in the growing space and defense sectors, where radiation-hardened components are essential for mission-critical applications.
For a company with a market cap of
The strategic nature of this program and QuickLogic's position as Prime Contractor suggests barriers to entry and competitive advantages that could translate into sustained profitability. The radiation-hardened FPGA market is experiencing growth driven by increased satellite deployments and defense modernization initiatives, presenting additional upside potential for QuickLogic's specialized technology portfolio.
- Award represents the fourth tranche of the multi-year program initiated in August 2022
"QuickLogic is honored to continue as the Prime Contractor for this highly specialized and mission critical program," said Brian Faith, President and CEO of QuickLogic. "To date we have now been awarded over
About QuickLogic
QuickLogic Corporation (NASDAQ: QUIK) is a fabless semiconductor company specializing in embedded FPGA (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, defense, consumer, and computing markets. For more information, visit 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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