Quicklogic Stock Price, News & Analysis

SensiML Corporation announced support for AI/ML development on the Arduino Nicla Sense ME board, which integrates Bosch Sensortec sensors. This collaboration enables developers to leverage the SensiML Analytics Toolkit to enhance IoT applications with local intelligence. The board features a compact design with a 64 MHz 32-bit Arm Cortex-M4 processor and various Bosch sensors, suitable for smart home, wearables, and industrial applications. The SensiML Toolkit simplifies the development process, requiring no extensive AI expertise, making intelligent IoT endpoints more accessible.

QuickLogic Corporation (NASDAQ: QUIK) will exhibit at GOMACTech 2022 in Miami, FL, from March 22-23. The company specializes in ultra-low power multi-core voice-enabled SoCs and embedded FPGA (eFPGA) IP solutions. At the event, QuickLogic will showcase its radiation-hardened eFPGA IP cores, highlighting their adaptability for space applications and other environments requiring radiation tolerance. The customizable eFPGA technology can be integrated into ASIC and SoC devices, supporting mission-critical applications.

SensiML Corporation, a pioneer in AI tools for IoT, has announced its CTO, Dr. Chris Knorowski, will present at the tinyML Summit 2022 on March 30 at 1:55 p.m. PDT. The event will take place at the Hyatt Regency San Francisco Airport, Burlingame, California. Dr. Knorowski's presentation will focus on the use of TinyML for predictive maintenance in high-tech manufacturing, showcasing how SensiML's Analytic Toolkit and Adapdix EdgeOps system can enhance productivity and reduce downtime. SensiML, a subsidiary of QuickLogic (NASDAQ: QUIK), is set to demonstrate its innovative solutions at the summit.

QuickLogic Corporation (NASDAQ: QUIK) has announced its first customer-defined embedded FPGA (eFPGA) block tailored for TSMC's 22nm process node, generated by the Australis IP Generator. This development enables rapid customization, allowing SoC developers to integrate the eFPGA IP into their devices within weeks. The solution supports both open-source tools and QuickLogic's Aurora FPGA User Tools, enhancing post-production flexibility. This innovation aims to extend the market life of complex SoCs, effectively increasing profitability and ROI.

QuickLogic Corporation (NASDAQ: QUIK) announced a new eFPGA contract valued at approximately $1 million, facilitated by its Australis™ eFPGA IP Generator launched in September 2021. This tool allows for rapid, customized eFPGA IP generation optimized for various foundry/process nodes. Revenue from this contract is expected to be recognized during the first half of fiscal 2022, while the company's revenue guidance for the first quarter of fiscal 2022 remains unchanged. QuickLogic continues to see growing interest in its eFPGA solutions across multiple market segments.

QuickLogic Corporation (NASDAQ: QUIK) has partnered with SkyWater Technology (NASDAQ: SKYT) to release the first rad-hard eFPGA IP for SkyWater's 90 nm RH90 process. This innovation provides enhanced design flexibility and fast boot capabilities, achieving sub-100 microsecond boot times. The eFPGA technology supports applications in defense, aerospace, and rugged environments while extending device life cycles. The collaboration aims to deliver high-density, high-performance solutions for mission-critical applications.

QuickLogic and SkyWater Technology announced a collaboration to offer a fast boot rad-hard embedded FPGA IP for aerospace, defense, and commercial applications. This technology will be integrated into SkyWater's 90 nm rad-hard process, the only U.S.-based Trusted foundry solution of its kind. The eFPGA IP allows for post-manufacturing design flexibility and features sub-100 microsecond boot times, a significant improvement over traditional FPGAs. This partnership aims to enhance the performance and reliability of devices used in harsh environments.

QuickLogic Corporation (NASDAQ: QUIK) announced its participation in the 34th Annual Roth Conference on March 14, 2022. Scheduled from 8:00 a.m. to 4:30 p.m. PT, the event will take place at The Ritz Carlton, Laguna Niguel in Dana Point, California. Investors wishing to meet with QuickLogic's management should contact Investor Relations via email. A recorded webcast will be accessible on the company's website.

QuickLogic Corporation (NASDAQ: QUIK) reported a 47% increase in fiscal 2021 revenue, totaling $12.7 million. In Q4 2021, total revenue was $3.7 million, down 4% from Q3, but up 48% year-over-year. New product revenue rose 219% compared to Q4 2020, reaching $2.7 million. GAAP net loss for Q4 2021 was $1.6 million or $0.13 per share, compared to a loss of $2.9 million in Q4 2020. The company appointed Elias Nader as CFO and secured a $1 million purchase order, enhancing its market position.