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QuickLogic Joins Intel Foundry Accelerator IP and USMAG Alliance Programs

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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.

Positive
  • QuickLogic's partnership with Intel Foundry's Accelerator IP and USMAG Alliance Programs.
  • Utilization of QuickLogic's eFPGA Hard IP and open-source tools by Intel Foundry customers.
  • Customer-definable eFPGA Hard IP optimized for Power, Performance, and Area on Intel 18A process.
  • Enhancement of technology availability across consumer, industrial, aerospace, and defense sectors.
  • QuickLogic's over 30 years of experience in the Programmable Logic industry.
  • Shipment of over 50 million devices to a broad range of customers.
  • Proprietary Australis IP Generator delivering optimized eFPGA Hard IP cores.
Negative
  • No specific financial data on potential revenue increase from the partnership.
  • Uncertainty regarding the immediate impact on QuickLogic's stock price.

Insights

QuickLogic’s partnership with Intel Foundry is a significant move, particularly for its embedded FPGA (eFPGA) technology. The collaboration will enhance the availability and optimization of QuickLogic’s eFPGA Hard IP on Intel’s advanced 18A process. This process technology is known for its high performance, power efficiency and reduced area, making it highly desirable for applications requiring robust performance and low power consumption.

One of the most promising aspects of this partnership is the use of QuickLogic’s proprietary Australis IP Generator. This tool enables the delivery of customized eFPGA Hard IP cores tailored to specific customer needs, which can significantly reduce time-to-market. This is essential in industries like aerospace and defense, where tailored solutions and rapid deployment are crucial.

Furthermore, the open-source development tools that QuickLogic offers can be a substantial differentiator. Open-source tools often facilitate broader adoption and innovation, as they enable developers to customize and optimize solutions further. This openness can attract a more extensive developer base and potentially lead to faster advancements and adoption of eFPGA technologies.

From a financial perspective, this partnership with Intel Foundry could be a game-changer for QuickLogic. Aligning with a tech giant like Intel adds significant credibility and opens up a broader customer base, especially in high-growth markets such as aerospace, defense and industrial applications. Financially, this could translate into increased revenue streams and market share for QuickLogic.

Moreover, the collaboration is likely to enhance QuickLogic’s competitive positioning. By leveraging Intel’s advanced foundry capabilities, QuickLogic can offer state-of-the-art solutions that meet stringent power, performance and area requirements. This can help in securing long-term contracts and fostering deeper relationships with top-tier clients in varied sectors.

On the flip side, it’s essential to consider the potential risks. The semiconductor industry is highly competitive and capital-intensive. QuickLogic will need to maintain substantial investment in R&D to stay ahead, which could strain its financials if not managed correctly. However, given their track record and strategic alignment with Intel, the outlook appears positive.

From a market perspective, this partnership positions QuickLogic well within the increasingly important field of embedded FPGA (eFPGA) technology. The eFPGA market has been growing due to its flexibility and adaptability in various applications, from consumer electronics to more demanding environments like aerospace and defense.

QuickLogic’s ability to provide customer-definable eFPGA Hard IP cores optimized for Intel’s 18A process is a significant market differentiator. Customizable solutions are becoming more critical as companies seek to optimize performance, power and area specifications tailored to their specific needs. This capability can drive adoption rates, especially in sectors where performance and efficiency are non-negotiable.

The inclusion in Intel’s USMAG Alliance also signifies potential growth in the defense and aerospace segments. These industries are often looking for advanced, reliable technology solutions that can meet rigorous standards. QuickLogic’s established credibility and new alignment with Intel can help secure more significant contracts and projects in these high-value markets.

  • This partnership enables Intel Foundry customers to benefit from QuickLogic's embedded FPGA (eFPGA) Hard IP and open-source development tools.
  • QuickLogic will offer customer-definable eFPGA Hard IP optimized for Power, Performance and Area on the Intel 18A process.

SAN JOSE, Calif., June 18, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and endpoint AI solutions, announced today it has joined Intel Foundry's Accelerator IP and USMAG (US Military/Aerospace/Government) Alliances. These collaborations will result in QuickLogic's eFPGA Hard IP technology availability on Intel Foundry's state-of-the-art process technologies that meet the Performance, Power and Area requirements needed by Intel Foundry customers. 

QuickLogic's inclusion in Intel Foundry Accelerator IP and USMAG Alliances, marks a significant milestone in the company's strategic growth plan. Driven by customer demand, QuickLogic will use its proprietary Australis IP Generator to deliver customer-definable eFPGA Hard IP cores optimized for the Intel 18A process.

QuickLogic has over three decades of experience in the Programmable Logic industry and has shipped over 50 million devices to a broad range of customers, supporting consumer, industrial, aerospace, and defense applications.  When combined with QuickLogic's Australis eFPGA Hard IP Generator and open-source eFPGA User Tools, QuickLogic has the unique ability to deliver optimized eFPGA Hard IP cores based on customer-defined LUT density, embedded Block RAM, embedded DSP blocks and operating environments – all without compromising time-to-market.

"QuickLogic's expertise in eFPGA Hard IP solutions and sophisticated open-source user tools are well suited for our Intel Foundry Accelerator IP Alliance," said Suk Lee, VP & GM of Ecosystem Technology Office, Intel Foundry. "By leveraging our advanced foundry capabilities, QuickLogic can enhance the performance and scalability of their eFPGA Hard IP, accelerating deployment across diverse applications."

"We are proud to become a partner in the Intel Foundry IP and USMAG Alliance Programs," said Brian Faith, CEO of QuickLogic Corporation. "This extends our commitment to provide companies, from the Defense Industrial Base to Consumer, Communications and Industrial markets with customized eFPGA Hard IP optimized for the state-of-the-art process technologies offered by Intel Foundry."

About the Australis eFPGA IP Generator

QuickLogic's Australis eFPGA Hard IP Generator provides an easy, highly automated way to define and implement customer-defined eFPGA Hard IP in a time-efficient way.  Australis supports eFPGA Hard IP customizations including various LUT densities, Block RAM configurations, embedded DSP block configurations, as well as support for a variety of operating environments.  This automated, standard cell approach enables customized cores to be delivered much more quickly and at substantially lower cost than full custom eFPGA implementation to support a wide range of use cases, changing market conditions, evolving standards, and quickly adapt to algorithm changes for AI/ML hardware acceleration.

About QuickLogic

QuickLogic Corporation (NASDAQ: QUIK) is a fabless semiconductor company that develops innovative embedded FPGA (eFPGA) Hard 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.

QuickLogic and QuickLogic 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 QuickLogic's partnership with Intel Foundry?

QuickLogic has joined Intel Foundry's Accelerator IP and USMAG Alliance Programs to offer its eFPGA Hard IP and open-source development tools.

How will QuickLogic's technology benefit Intel Foundry customers?

Intel Foundry customers will benefit from QuickLogic's customer-definable eFPGA Hard IP optimized for Power, Performance, and Area on the Intel 18A process.

What sectors will benefit from QuickLogic's inclusion in Intel Foundry programs?

The consumer, industrial, aerospace, and defense sectors will benefit from this collaboration.

What experience does QuickLogic have in the Programmable Logic industry?

QuickLogic has over 30 years of experience and has shipped more than 50 million devices.

What is the Australis IP Generator?

The Australis IP Generator is QuickLogic's proprietary tool that delivers optimized eFPGA Hard IP cores based on customer-defined requirements.

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