Welcome to our dedicated page for Quicklogic news (Ticker: QUIK), a resource for investors and traders seeking the latest updates and insights on Quicklogic stock.
QuickLogic Corporation (NASDAQ: QUIK) regularly issues news and updates that reflect its role as a fabless semiconductor company focused on embedded FPGA (eFPGA) Hard IP, ruggedized and Strategic Radiation Hardened FPGAs, Antifuse devices, and endpoint AI solutions. The QUIK news stream highlights how its technologies are being adopted in aerospace and defense, industrial, computing, consumer, data center, and space-related applications.
On this page, readers can follow QuickLogic announcements about design wins and IP selections, such as its eFPGA Hard IP being chosen for high-performance data center ASICs, crypto-agile security devices, and radiation-tolerant RISC-V microcontrollers. News items also cover progress on the company’s Strategic Radiation Hardened FPGA program, including U.S. government contract milestones, test chip tape-outs on GlobalFoundries process technologies, and orders for Strategic Radiation Hardened FPGA Development Kits.
Investors and industry observers will also find financial results press releases and related conference call information, where QuickLogic reports quarterly performance and discusses its use of GAAP and non-GAAP financial measures. Additional updates include participation in trade shows and conferences such as Space Tech Expo Europe and Embedded World North America, where the company showcases its Australis IP Generator, open-source Aurora tools, and eFPGA chiplet technology.
For anyone tracking QUIK stock or monitoring developments in eFPGA IP, radiation-hardened FPGAs, and endpoint AI, this news feed provides a centralized view of QuickLogic’s public announcements over time.
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QuickLogic Corporation (NASDAQ: QUIK) will exhibit at GOMACTech 23 on March 21-22, 2023, in San Diego, CA. The company specializes in ultra-low power multi-core voice-enabled SoCs and embedded FPGA (eFPGA) solutions. At the event, QuickLogic will showcase its innovative design methodology, Australis, which automates architecture exploration for optimal FPGA performance tailored to mission-critical applications. Their products, supported by the Aurora FPGA User Tools, utilize 100% open-source software for transparency and longevity. QuickLogic aims to enhance AI, voice, and sensor processing across various industries.
SensiML Corporation, a developer of AI tools for IoT endpoints, will exhibit at Embedded World in Germany and the tinyML Summit in California. The company will showcase its IoT sensor recognition models and a voice ID Smart Lock. According to ABI Research, TinyML Software-as-a-Service revenue surpassed US$220 million in 2022, projected to become a billion-dollar market by 2030. SensiML, a subsidiary of QuickLogic (Nasdaq: QUIK), aims to provide developers with advanced tools for deploying machine learning at the edge.
QuickLogic Corporation (NASDAQ: QUIK) reported its fiscal fourth quarter and year results ending January 1, 2023. Total revenue for Q4 2022 reached $4.1 million, up 18.1% from Q3 2022 and 10.2% year-over-year. The company achieved a 28% increase in total revenue for fiscal 2022, totaling $16.2 million. New product revenue surged 50% from the previous year to $11.7 million. Despite the growth, GAAP net loss for Q4 2022 was $1.2 million, a slight improvement from prior losses. QuickLogic anticipates organic sales growth of over 30% in 2023, bolstered by a $6.9 million government contract and a growing sales funnel of $118 million.
QuickLogic Corporation (NASDAQ: QUIK) announced the launch of the Aurora 2.1 Development Tool Suite, enhancing eFPGA development capabilities. This updated version is fully open-source, supporting all major Hardware Description Languages (HDL) like Verilog, System Verilog, and VHDL. Key benefits include architectural trade-offs, increased transparency, and flexibility for FPGA designers. The suite facilitates the transition from RTL to bitstream, allowing for tailored architecture to meet specific customer needs. QuickLogic emphasizes its commitment to open-source innovation, which aims to improve device lifecycles and profitability. The Aurora 2.1 suite is now available for developers.
QuickLogic Corporation (NASDAQ: QUIK) has announced a conference call scheduled for February 27, 2023, at 5:30 p.m. ET to discuss its fourth quarter and fiscal year 2022 financial results. The call aims to outline key financial metrics and company performance. Investors can access the live call by dialing 1-877-407-0792 (toll-free) or 1-201-689-8263 (international). A replay will be available until March 6, 2023. QuickLogic is a fabless semiconductor company focusing on low-power, multi-core semiconductor solutions for AI, voice, and sensor processing.
QuickLogic Corporation (NASDAQ: QUIK) announced a partnership with Andes Technology Corporation to promote the integration of eFPGA technology into RISC-V processor-based subsystems. This collaboration aims to enhance post-manufacturing flexibility for SoC designs, extending their lifecycles and profitability. QuickLogic's eFPGA technology enables developers to adapt their designs for new standards and market opportunities, benefiting applications in 5G, IoT, AI, and more. This solution is available to Andes' customers, facilitating efficient SoC integration across various foundries and process nodes.