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QuickLogic Signs Distribution Agreement with Astute Electronics to Expand Global Reach

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QuickLogic (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs, and endpoint AI solutions, has signed a distribution agreement with Astute Electronics. This partnership aims to expand QuickLogic's global reach by supporting customers across Europe, Australia, Israel, Turkey, and New Zealand.

Astute Electronics, an expert in electronic component procurement and distribution, will deliver QuickLogic's solutions to diverse customers, particularly in Aerospace and Defense sectors. The collaboration is expected to enhance the accessibility of QuickLogic's FPGAs and eFPGA Hard IP in key regions, ensuring excellent customer service and support.

QuickLogic (NASDAQ: QUIK), sviluppatore di FPGA embedded (eFPGA) Hard IP, FPGA robusti e soluzioni AI per endpoint, ha firmato un accordo di distribuzione con Astute Electronics. Questa partnership mira a espandere la portata globale di QuickLogic supportando i clienti in Europa, Australia, Israele, Turchia e Nuova Zelanda.

Astute Electronics, esperta nell'approvvigionamento e distribuzione di componenti elettronici, fornirà le soluzioni di QuickLogic a diversi clienti, in particolare nei settori Industriale e Difesa. Si prevede che la collaborazione migliori l'accessibilità degli FPGA di QuickLogic e dei eFPGA Hard IP in regioni chiave, garantendo un servizio e supporto clienti eccellenti.

QuickLogic (NASDAQ: QUIK), un desarrollador de FPGA integrados (eFPGA) Hard IP, FPGAs robustos y soluciones de IA de extremo, ha firmado un acuerdo de distribución con Astute Electronics. Esta asociación tiene como objetivo ampliar el alcance global de QuickLogic apoyando a los clientes en Europa, Australia, Israel, Turquía y Nueva Zelanda.

Astute Electronics, experta en la adquisición y distribución de componentes electrónicos, entregará las soluciones de QuickLogic a diversos clientes, especialmente en los sectores de Aeroespacial y Defensa. Se espera que la colaboración mejore la accesibilidad de los FPGAs y eFPGA Hard IP de QuickLogic en regiones clave, asegurando un excelente servicio y soporte al cliente.

QuickLogic (NASDAQ: QUIK)은 내장형 FPGA (eFPGA) Hard IP, 견고한 FPGA 및 엔드포인트 AI 솔루션을 개발하는 회사이며, Astute Electronics와 유통 계약을 체결했습니다. 이 파트너십은 QuickLogic의 글로벌 범위를 확장하는 것을 목표로 합니다 유럽, 호주, 이스라엘, 터키, 뉴질랜드 전역의 고객을 지원합니다.

전자 부품 조달 및 유통 전문 기업인 Astute Electronics는 QuickLogic의 솔루션을 다양한 고객에게 제공하며 특히 항공우주 및 방위 분야에서 이를 수행할 것입니다. 이 협업은 주요 지역에서 QuickLogic의 FPGA와 eFPGA Hard IP의 접근성을 높이고, 우수한 고객 서비스 및 지원을 보장할 것으로 기대됩니다.

QuickLogic (NASDAQ: QUIK), un développeur de FPGA intégré (eFPGA) Hard IP, de FPGA robustes et de solutions d'IA pour endpoint, a signé un accord de distribution avec Astute Electronics. Ce partenariat vise à étendre la portée mondiale de QuickLogic en soutenant les clients à travers l'Europe, l'Australie, Israël, la Turquie et la Nouvelle-Zélande.

Astute Electronics, expert dans l'approvisionnement et la distribution de composants électroniques, livrera les solutions de QuickLogic à divers clients, en particulier dans les secteurs Aérospatial et Défense. La collaboration devrait améliorer l'accessibilité des FPGA de QuickLogic et des eFPGA Hard IP dans des régions clés, assurant un excellent service et un support aux clients.

QuickLogic (NASDAQ: QUIK), Entwickler von eingebetteten FPGA (eFPGA) Hard IP, robusten FPGAs und KI-Lösungen für Endpunkte, hat einen Vertrag mit Astute Electronics über den Vertrieb unterzeichnet. Diese Partnerschaft zielt darauf ab, QuickLogics globale Reichweite zu erweitern und Kunden in Europa, Australien, Israel, der Türkei und Neuseeland zu unterstützen.

Astute Electronics, Experte für die Beschaffung und den Vertrieb elektronischer Komponenten, wird die Lösungen von QuickLogic an verschiedene Kunden liefern, insbesondere in den Luft- und Raumfahrt- sowie Verteidigungssektoren. Die Zusammenarbeit wird voraussichtlich die Zugänglichkeit von QuickLogics FPGAs und eFPGA Hard IP in wichtigen Regionen verbessern und eine hervorragende Kundenbetreuung und -support gewährleisten.

Positive
  • Expansion of global reach through partnership with Astute Electronics
  • Access to new markets in Europe, Australia, Israel, Turkey, and New Zealand
  • Potential growth in Aerospace and Defense sector
  • Enhanced distribution network for QuickLogic's products
Negative
  • None.

SAN JOSE, Calif., July 31, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs, and endpoint AI solutions, is pleased to announce a distribution agreement with Astute Electronics. This partnership will enhance QuickLogic's global reach by supporting customers across Europe, as well as in Australia, Israel, Turkey, and New Zealand.

Astute Electronics, one of the world's most knowledgeable experts in international electronic component procurement, distribution, and supply chain management, will deliver QuickLogic's cutting-edge solutions to a diverse range of customers across multiple market segments. Trusted to deliver in the most complex, mission-critical, and technologically advanced arenas, including Aerospace and Defense, Astute Electronics will collaborate with QuickLogic to expand the reach and accessibility of QuickLogic's FPGAs and eFPGA Hard IP in key regions, ensuring customers receive outstanding service and support.

"We are thrilled to partner with Astute Electronics, a company that shares our commitment to innovation and customer satisfaction," said Owen Bateman, VP of worldwide sales at QuickLogic. "Their extensive distribution network and deep expertise will significantly bolster our presence in key markets such as Aerospace and Defense, and other mission-critical markets."

Astute Electronics' Nigel Watts, Director of Global Business Development, added, "We are excited to bring QuickLogic's industry-leading FPGA and eFPGA Hard IP solutions to our customers. Their technology perfectly complements our existing portfolio, and we are confident that this partnership will deliver significant value to our customers."

This strategic alliance is set to drive growth and innovation, providing customers in Europe, Australia, Israel, Turkey and New Zealand with access to QuickLogic's state-of-the-art semiconductor solutions.

About Astute Electronics

Astute Electronics is a leading distributor of electronic components and custom solutions, providing a comprehensive range of products and services to the aerospace, defense, industrial, and automotive sectors. With a strong focus on quality and customer service, Astute Electronics is committed to delivering innovative solutions to meet the evolving needs of its customers. For more information, visit astutegroup.com.

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.

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 distribution agreement with Astute Electronics?

The agreement aims to expand QuickLogic's global reach by supporting customers across Europe, Australia, Israel, Turkey, and New Zealand, enhancing the accessibility of QuickLogic's FPGAs and eFPGA Hard IP in these key regions.

Which specific markets will benefit from the QuickLogic-Astute Electronics partnership?

The partnership will particularly benefit the Aerospace and Defense sectors, as well as other mission-critical markets where Astute Electronics has expertise in complex, technologically advanced arenas.

How will this agreement impact QuickLogic's (QUIK) presence in the semiconductor market?

The agreement is expected to significantly bolster QuickLogic's presence in key markets, drive growth and innovation, and provide customers with better access to QuickLogic's state-of-the-art semiconductor solutions.

What products from QuickLogic (QUIK) will Astute Electronics distribute?

Astute Electronics will distribute QuickLogic's embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs, and endpoint AI solutions to customers across multiple market segments.

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