QuickLogic Announces Partnership with CTG to Strengthen Aerospace & Defense Supply Chain

Rhea-AI Summary

QuickLogic (NASDAQ: QUIK) has announced a strategic partnership with CTG, a division of Blue Raven Solutions, to strengthen the aerospace and defense supply chain. CTG will be the sole source distributor for QuickLogic's embedded FPGA (eFPGA) Hard IP in this sector. This collaboration aims to provide customizable solutions for ruggedized SoCs and ASICs, addressing obsolescence challenges and enhancing flexibility in mission-critical applications.

The partnership leverages CTG's industry experience and network to connect QuickLogic's eFPGA IP solutions with key players in aerospace and defense. QuickLogic's technology offers programmable logic and custom eFPGA IP cores, enabling tailored solutions that can reduce system costs, extend product lifecycles, and lower power consumption for mission-critical applications.

Positive

• Strategic partnership with CTG as sole distributor for eFPGA Hard IP in aerospace and defense
• Potential for increased market penetration in the aerospace and defense sector
• Technology addresses obsolescence challenges and enhances flexibility in mission-critical applications
• eFPGA solutions can reduce system costs and extend product lifecycles

Negative

• Dependence on a single distributor (CTG) for the aerospace and defense sector

• Embedded FPGAs (eFPGAs) Deliver Custom Solutions, Cost Savings, and Efficiency for Aerospace and Defense

SAN JOSE, Calif., Aug. 7, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leader in embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and endpoint AI solutions, today announced a new strategic partnership with CTG, a division of Blue Raven Solutions. CTG has been appointed the sole source distributor for QuickLogic's eFPGA Hard IP in the Aerospace & Defense sector. QuickLogic eFPGA IP technology enables developers of ruggedized SoCs & ASICs to embed field reprogrammability that meets program-specific technical requirements.

"CTG's proven experience and established network will be invaluable in connecting our eFPGA IP solutions with key players in the aerospace and defense industry," said Owen Bateman, VP of Worldwide Sales at QuickLogic. "Our partnership ensures this sector has access to our programmable logic and custom eFPGA IP cores for mission critical applications."

"We are excited to offer an innovative solution that proactively addresses obsolescence challenges," said Mike Boyd, CTG President. "This technology empowers our defense and aerospace customers to customize their systems to meet specific requirements, enhancing flexibility and adaptability in mission-critical applications and overcoming lifecycle management challenges."

QuickLogic's eFPGA IP solutions provide unique advantages for aerospace and defense applications. By offering programmable logic and custom eFPGA IP cores, QuickLogic enables customers to tailor solutions to specific requirements, reduce system costs, extend product lifecycles, and lower power consumption.

About QuickLogic

QuickLogic Corporation (NASDAQ: QUIK) is a fabless semiconductor company that develops innovative embedded FPGA (eFPGA) IP, discrete FPGAs, and FPGA SoCs for a variety of industrial, aerospace and defense, edge and endpoint AI, consumer, and computing applications. Our wholly-owned subsidiary, SensiML Corporation, completes the end-to-end solution portfolio with AI / ML software that accelerates AI at the edge/endpoint. For more information, visit quicklogic.com.

About CTG

CTG provides supply chain solutions to the DOD, commercial airlines, MRO providers and OEMs. We specialize in sourcing obsolete and hard-to-find parts across a broad range of air, ground, sea, cyber and space domains, while meeting the cost, schedule, and performance goals of our customers. CTG is also recognized as a leader in counterfeit avoidance testing and inspection and is the first to earn the AC7402 CAAP (Counterfeit Avoidance Accreditation Program) Certification. For more information, visit ctgnow.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

FAQ

What is the purpose of QuickLogic's partnership with CTG?

The partnership aims to strengthen the aerospace and defense supply chain by appointing CTG as the sole source distributor for QuickLogic's eFPGA Hard IP in this sector, providing customizable solutions for ruggedized SoCs and ASICs.

How does QuickLogic's eFPGA technology benefit the aerospace and defense industry?

QuickLogic's eFPGA technology enables developers to embed field reprogrammability in ruggedized SoCs and ASICs, meeting program-specific technical requirements, reducing system costs, extending product lifecycles, and lowering power consumption.

What advantages does the QuickLogic-CTG partnership offer to aerospace and defense customers?

The partnership provides access to innovative eFPGA IP solutions that address obsolescence challenges, allow customization of systems to meet specific requirements, and enhance flexibility and adaptability in mission-critical applications.

When was the partnership between QuickLogic (QUIK) and CTG announced?

The partnership between QuickLogic (QUIK) and CTG was announced on August 7, 2024.