QUIK News & Events

QuickLogic announced that it has received orders for its Strategic Radiation Hardened FPGA Development Kit, or SRH FPGA Dev Kit. These SRH FPGA Dev Kits include the SRH FPGA test chips, funded last year by QuickLogic, that have been fabricated on GlobalFoundries' industry-proven 12 nm process technology. Delivery of the SRH FPGA Dev Kit is currently scheduled for late Q1.

QuickLogic announced that the scope of its Prime U.S. government contract for the development of Strategic Radiation Hardened - SRH -, high reliability Field Programmable Gate Array - FPGA - technology to support identified and future Department of Defense, or DoD, strategic and space system requirements has been increased to include GlobalFoundries 12LP fabrication process. With this, the total ceiling value has been increased to $88M over multiple years. Under the Office of the Under Secretary of Defense for Research and Engineering, this project is sponsored by DoD's Trusted and Assured Microelectronics Program, and Naval Surface Warfare Center Crane is the Government's technical lead.

Reports Q3 revenue $2.03M vs. $54.21M last year. "We have logged significant progress during the last three months," said Brian Faith, CEO of QuickLogic. "Our investment to accelerate the fabrication of our Strategic Rad Hard FPGA Test Chip is being very well received by potential customers. As a matter of fact, we anticipate receiving orders for our upcoming SRH FPGA Dev Kit, as well as several new eFPGA Hard IP contracts, during the coming weeks."