QuickLogic Secures $13 Million Contract for FPGA Technology Development
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 12 hours ago
0mins
Should l Buy QUIK?
Source: seekingalpha
- Significant Contract Value: QuickLogic Corporation has been awarded a $13 million contract to support the development of its Strategic Radiation Hardened high-reliability FPGA technology, which will be crucial for meeting future defense and space system requirements.
- Continuation of Multi-Year Program: This contract represents the latest tranche of a multi-year program initiated in August 2022, indicating the company's ongoing commitment and investment in high-reliability technology, aimed at enhancing its competitiveness in the defense market.
- Support for Technology Development: The funding will facilitate continued development and demonstration of the technology, ensuring QuickLogic can meet the current and future strategic needs of the Department of Defense, thereby improving its market position and business outlook.
- Positive Stock Reaction: QuickLogic's stock rose 3.22% in pre-market trading to $7.69, reflecting market optimism regarding the company's growth potential and future prospects.
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Analyst Views on QUIK
Wall Street analysts forecast QUIK stock price to rise
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 7.450
Low
5.95
Averages
7.98
High
10.00
Current: 7.450
Low
5.95
Averages
7.98
High
10.00
About QUIK
QuickLogic Corporation is a semiconductor company that develops embedded FPGA (eFPGA) intellectual property (IP), discrete FPGAs, and FPGA system-on-chips (SoCs) for a variety of industrial, aerospace and defense, edge, and endpoint artificial intelligence (AI), consumer, and computing applications. Its products include eFPGA IP Licensing business and associated professional services, consisting of the development and integration of eFPGA technology into custom semiconductor solutions. Its silicon products consist of EOS, QuickAI, ArcticLink III, PolarPro3, PolarPro II, PolarPro, and others. Its new products category includes its artificial intelligence/machine learning (AI/ML) Software Platform from its subsidiary company, SensiML, which includes Software-as-a-Service (SaaS) subscriptions for development when deployed in production, and proof-of-concept services. Its mature products include FPGA families named PASIC3 and QuickRAM, as well as programming hardware and design software.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
QuickLogic Secures $13 Million Contract for FPGA Development
- Contract Value: QuickLogic has secured a $13 million contract to support the development and demonstration of its Strategic Radiation Hardened FPGA technology, underscoring the company's strong capabilities in the aerospace and defense sectors.
- Project Background: This contract represents the latest tranche of a multi-year program initiated in August 2022, aimed at meeting future Department of War strategic and space system requirements, reflecting the company's ongoing commitment to high-reliability technology.
- Industry Position: As the Prime Contractor for this project, QuickLogic emphasizes its critical role in the Aerospace and Defense Industrial Base, further solidifying its leadership position in the FPGA technology space.
- Technological Innovation: QuickLogic is dedicated to delivering innovative FPGA technology that combines cutting-edge advancements with open-source tools, aiming to provide highly customizable, low-power solutions for aerospace, defense, industrial, and consumer markets, thereby driving technological progress in the industry.
See More
QuickLogic Secures $13 Million Contract for FPGA Technology Development
- Significant Contract Value: QuickLogic Corporation has been awarded a $13 million contract to support the development of its Strategic Radiation Hardened high-reliability FPGA technology, which will be crucial for meeting future defense and space system requirements.
- Continuation of Multi-Year Program: This contract represents the latest tranche of a multi-year program initiated in August 2022, indicating the company's ongoing commitment and investment in high-reliability technology, aimed at enhancing its competitiveness in the defense market.
- Support for Technology Development: The funding will facilitate continued development and demonstration of the technology, ensuring QuickLogic can meet the current and future strategic needs of the Department of Defense, thereby improving its market position and business outlook.
- Positive Stock Reaction: QuickLogic's stock rose 3.22% in pre-market trading to $7.69, reflecting market optimism regarding the company's growth potential and future prospects.
See More
QuickLogic Secures $13 Million Contract for FPGA Development
- Contract Value: QuickLogic Corporation has been awarded a $13 million contract to support the ongoing development and demonstration of Strategic Radiation Hardened (SRH) high-reliability FPGA technology, showcasing the company's strong capabilities in the aerospace and defense sectors.
- Project Significance: This initiative aims to meet current and future Department of War (DoW) strategic and space system requirements, indicating QuickLogic's leadership in critical technology areas and its contributions to national security.
- Company Commitment: QuickLogic's CEO Brian Faith stated that the company will continue as the Prime Contractor for this highly specialized and mission-critical program, reflecting its long-term commitment to delivering innovative FPGA technology that meets the rigorous demands of the Aerospace and Defense Industrial Base.
- Technological Edge: QuickLogic specializes in eFPGA Hard IP and endpoint AI solutions, leveraging cutting-edge technology and open-source tools to provide highly customizable, low-power solutions, further solidifying its competitive advantage in aerospace, defense, and other markets.
See More
QuickLogic Schedules Q4 and FY2025 Earnings Call
- Earnings Call Announcement: QuickLogic Corporation has scheduled a conference call for March 3, 2026, at 5:30 PM ET to discuss its Q4 and full-year fiscal 2025 financial results, which is expected to draw significant attention from investors and analysts.
- Dial-in Information: The call can be accessed via toll-free number 1-877-407-0792 for U.S. participants and 1-201-689-8263 for international callers, facilitating global investor participation and enhancing communication between the company and its stakeholders.
- Replay Availability: A replay of the conference call will be available until March 10, 2026, through the number 844-512-2921, allowing investors who cannot attend the live session to access critical financial insights.
- Webcast Access: QuickLogic will post a webcast of the conference call on its Investor Relations site, ensuring that investors can access the information at their convenience, thereby increasing the company's transparency and fostering investor confidence.
See More
QuickLogic Receives First Orders for Strategic Radiation Hardened FPGA Development Kit
- Order Confirmation: QuickLogic has announced the receipt of its first orders for the Strategic Radiation Hardened FPGA Development Kit (SRH FPGA Dev Kit), which includes SRH FPGA test chips funded last year and fabricated using GlobalFoundries' proven 12 nm process technology, with delivery scheduled for late Q1 2026, marking a significant penetration into the defense industrial market.
- Market Demand: The design of the SRH FPGA test chips is tailored to meet the requirements of large Defense Industrial Base customers currently developing related programs, and this investment not only enhances QuickLogic's chances of winning discrete SRH FPGA designs but also showcases its capability for embedding SRH FPGA technology in ASIC designs, further solidifying its market position.
- Technological Advantage: As a fabless semiconductor company, QuickLogic specializes in eFPGA Hard IP and low-power solutions, combining cutting-edge technology with open-source tools to deliver highly customizable products for industrial, aerospace, consumer, and computing markets, enhancing its competitiveness in the fiercely competitive semiconductor industry.
- Future Outlook: With the launch of the SRH FPGA Dev Kit, QuickLogic anticipates attracting more attention from Defense Industrial Base customers, further driving business growth in high-end markets and laying the groundwork for future technological innovations.
See More
QuickLogic (NASDAQ:QUIK) Receives Orders for Strategic Radiation Hardened FPGA Development Kit
- Initial Orders: QuickLogic has announced the receipt of initial orders for its Strategic Radiation Hardened FPGA Development Kits, which include SRH FPGA test chips funded last year and fabricated using GlobalFoundries' proven 12 nm process technology, with delivery scheduled for late Q1 2026, marking a significant expansion into the defense industrial market.
- Market Demand: The SRH FPGA test chips are designed to meet the needs of large Defense Industrial Base customers currently developing related programs, and through this investment, QuickLogic not only enhances its chances of winning discrete SRH FPGA designs but also demonstrates its capability for integrating SRH FPGA technology into ASIC designs, further solidifying its market position.
- Technological Edge: As a fabless semiconductor company, QuickLogic specializes in eFPGA Hard IP and low-power solutions, combining cutting-edge technology with open-source tools to deliver highly customizable products for industrial, aerospace, and consumer markets, enhancing its competitiveness in a crowded market.
- Future Outlook: With the launch of the SRH FPGA Development Kits, QuickLogic anticipates attracting more attention from Defense Industrial Base customers, further driving its market share growth in the high-end FPGA sector and showcasing strong business development potential.
See More
QuickLogic Secures $13 Million Contract for FPGA Development
- Contract Value: QuickLogic has secured a $13 million contract to support the development and demonstration of its Strategic Radiation Hardened FPGA technology, underscoring the company's strong capabilities in the aerospace and defense sectors.
- Project Background: This contract represents the latest tranche of a multi-year program initiated in August 2022, aimed at meeting future Department of War strategic and space system requirements, reflecting the company's ongoing commitment to high-reliability technology.
- Industry Position: As the Prime Contractor for this project, QuickLogic emphasizes its critical role in the Aerospace and Defense Industrial Base, further solidifying its leadership position in the FPGA technology space.
- Technological Innovation: QuickLogic is dedicated to delivering innovative FPGA technology that combines cutting-edge advancements with open-source tools, aiming to provide highly customizable, low-power solutions for aerospace, defense, industrial, and consumer markets, thereby driving technological progress in the industry.
See More
QuickLogic Secures $13 Million Contract for FPGA Technology Development
- Significant Contract Value: QuickLogic Corporation has been awarded a $13 million contract to support the development of its Strategic Radiation Hardened high-reliability FPGA technology, which will be crucial for meeting future defense and space system requirements.
- Continuation of Multi-Year Program: This contract represents the latest tranche of a multi-year program initiated in August 2022, indicating the company's ongoing commitment and investment in high-reliability technology, aimed at enhancing its competitiveness in the defense market.
- Support for Technology Development: The funding will facilitate continued development and demonstration of the technology, ensuring QuickLogic can meet the current and future strategic needs of the Department of Defense, thereby improving its market position and business outlook.
- Positive Stock Reaction: QuickLogic's stock rose 3.22% in pre-market trading to $7.69, reflecting market optimism regarding the company's growth potential and future prospects.
See More
QuickLogic Secures $13 Million Contract for FPGA Development
- Contract Value: QuickLogic Corporation has been awarded a $13 million contract to support the ongoing development and demonstration of Strategic Radiation Hardened (SRH) high-reliability FPGA technology, showcasing the company's strong capabilities in the aerospace and defense sectors.
- Project Significance: This initiative aims to meet current and future Department of War (DoW) strategic and space system requirements, indicating QuickLogic's leadership in critical technology areas and its contributions to national security.
- Company Commitment: QuickLogic's CEO Brian Faith stated that the company will continue as the Prime Contractor for this highly specialized and mission-critical program, reflecting its long-term commitment to delivering innovative FPGA technology that meets the rigorous demands of the Aerospace and Defense Industrial Base.
- Technological Edge: QuickLogic specializes in eFPGA Hard IP and endpoint AI solutions, leveraging cutting-edge technology and open-source tools to provide highly customizable, low-power solutions, further solidifying its competitive advantage in aerospace, defense, and other markets.
See More
QuickLogic Schedules Q4 and FY2025 Earnings Call
- Earnings Call Announcement: QuickLogic Corporation has scheduled a conference call for March 3, 2026, at 5:30 PM ET to discuss its Q4 and full-year fiscal 2025 financial results, which is expected to draw significant attention from investors and analysts.
- Dial-in Information: The call can be accessed via toll-free number 1-877-407-0792 for U.S. participants and 1-201-689-8263 for international callers, facilitating global investor participation and enhancing communication between the company and its stakeholders.
- Replay Availability: A replay of the conference call will be available until March 10, 2026, through the number 844-512-2921, allowing investors who cannot attend the live session to access critical financial insights.
- Webcast Access: QuickLogic will post a webcast of the conference call on its Investor Relations site, ensuring that investors can access the information at their convenience, thereby increasing the company's transparency and fostering investor confidence.
See More
QuickLogic Receives First Orders for Strategic Radiation Hardened FPGA Development Kit
- Order Confirmation: QuickLogic has announced the receipt of its first orders for the Strategic Radiation Hardened FPGA Development Kit (SRH FPGA Dev Kit), which includes SRH FPGA test chips funded last year and fabricated using GlobalFoundries' proven 12 nm process technology, with delivery scheduled for late Q1 2026, marking a significant penetration into the defense industrial market.
- Market Demand: The design of the SRH FPGA test chips is tailored to meet the requirements of large Defense Industrial Base customers currently developing related programs, and this investment not only enhances QuickLogic's chances of winning discrete SRH FPGA designs but also showcases its capability for embedding SRH FPGA technology in ASIC designs, further solidifying its market position.
- Technological Advantage: As a fabless semiconductor company, QuickLogic specializes in eFPGA Hard IP and low-power solutions, combining cutting-edge technology with open-source tools to deliver highly customizable products for industrial, aerospace, consumer, and computing markets, enhancing its competitiveness in the fiercely competitive semiconductor industry.
- Future Outlook: With the launch of the SRH FPGA Dev Kit, QuickLogic anticipates attracting more attention from Defense Industrial Base customers, further driving business growth in high-end markets and laying the groundwork for future technological innovations.
See More
QuickLogic (NASDAQ:QUIK) Receives Orders for Strategic Radiation Hardened FPGA Development Kit
- Initial Orders: QuickLogic has announced the receipt of initial orders for its Strategic Radiation Hardened FPGA Development Kits, which include SRH FPGA test chips funded last year and fabricated using GlobalFoundries' proven 12 nm process technology, with delivery scheduled for late Q1 2026, marking a significant expansion into the defense industrial market.
- Market Demand: The SRH FPGA test chips are designed to meet the needs of large Defense Industrial Base customers currently developing related programs, and through this investment, QuickLogic not only enhances its chances of winning discrete SRH FPGA designs but also demonstrates its capability for integrating SRH FPGA technology into ASIC designs, further solidifying its market position.
- Technological Edge: As a fabless semiconductor company, QuickLogic specializes in eFPGA Hard IP and low-power solutions, combining cutting-edge technology with open-source tools to deliver highly customizable products for industrial, aerospace, and consumer markets, enhancing its competitiveness in a crowded market.
- Future Outlook: With the launch of the SRH FPGA Development Kits, QuickLogic anticipates attracting more attention from Defense Industrial Base customers, further driving its market share growth in the high-end FPGA sector and showcasing strong business development potential.
See More
