QuickLogic Announces Expanded Scope of Strategic Radiation Hardened FPGA Contract

QuickLogic (NASDAQ: QUIK) announced an expanded scope for its Prime U.S. government Strategic Radiation Hardened (SRH) FPGA contract, increasing the total ceiling to approximately $88 million over multiple years.

Rhea-AI Summary

QuickLogic (NASDAQ: QUIK) announced an expanded scope for its Prime U.S. government Strategic Radiation Hardened (SRH) FPGA contract, increasing the total ceiling to approximately $88 million over multiple years.

The contract work is sponsored under DoD's Trusted and Assured Microelectronics (T&AM) Program with Naval Surface Warfare Center Crane as technical lead. QuickLogic said it has completed the design and taped out a test FPGA chip to be fabricated by GlobalFoundries on its 12LP process.

Positive

• Contract ceiling increased to $88 million
• Work sponsored by DoD T&AM Program with NSWC Crane technical lead
• Completed design and tape-out of FPGA test chip for GlobalFoundries 12LP

Negative

• Contract value is allocated over multiple years, limiting near-term revenue recognition

Argus Dec 18 session

+10.10% close to close Open Argus

Details

News Market Reaction – QUIK

On Dec 18, the day this news came out, QUIK closed 10.10% above the previous close.

Data tracked by StockTitan Argus for the Dec 18 session.

Key Figures

SRH FPGA contract ceiling: $88 million Share price: $5.84 Market cap: $103,566,933 +5 more

SRH FPGA contract ceiling

$88 million

Total ceiling value over multiple years for strategic rad-hard FPGA program

Share price

$5.84

Price before news; <b>-3.63%</b> over prior 24 hours

Market cap

$103,566,933

Equity value before contract expansion announcement

Q3 2025 revenue

$2.0M

Fiscal Q3 2025 total revenue, down sharply year-over-year

Revenue decline YoY

51.8%

Year-over-year revenue decrease in fiscal Q3 2025

GAAP net loss

$4.0M

Fiscal Q3 2025 net loss (−$0.24 per share)

S-3 shelf date

2025-08-14

Shelf registration filing date; expiration 2028-08-14

52-week range

$4.26–$13.3591

Price sat <b>56.28%</b> below 52-week high pre-news

Historical Context

5 past events · Latest: Dec 09

5 events

1. Dec 09

   Design win announcement

   24h Move

   +1.8%

   University of Saskatchewan selected eFPGA Hard IP for StarRISC MCU.

2. Dec 02

   Design win announcement

   24h Move

   -1.8%

   Idaho Scientific chose eFPGA Hard IP for crypto-agile solutions.

3. Nov 18

   Design win announcement

   24h Move

   -1.3%

   Chipus selected eFPGA IP for 12 nm high-performance data center ASIC.

4. Nov 11

   Earnings report

   24h Move

   -0.8%

   Q3 2025 showed sharp revenue decline and wider GAAP/non-GAAP losses.

5. Nov 06

   Marketing/expo update

   24h Move

   -2.5%

   Participation in Space Tech Expo Europe promoting space-focused eFPGA IP.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

radiation hardened, fpga, efpga, taped out

4 terms

radiation hardened technical

"Strategic Radiation Hardened (SRH), high reliability Field Programmable Gate Array"

Radiation hardened describes electronic parts or systems designed to keep working when exposed to high levels of radiation, such as from space, nuclear environments or certain medical equipment. Think of them as ruggedized devices with extra shielding and design tweaks so they don’t fail when hit by energetic particles. Investors care because these specialized components sell at higher prices, are critical for mission‑critical customers, and often command long contracts and higher barriers to competition.

fpga technical

"Strategic Radiation Hardened (SRH), high reliability Field Programmable Gate Array (FPGA) technology"

A field-programmable gate array (FPGA) is a type of computer chip whose internal wiring can be changed after it is made, allowing engineers to program custom hardware functions without designing a new chip. For investors, FPGAs matter because that flexibility lets companies quickly adapt products to new software, standards, or customer needs—like a toolbox that can be rearranged to build different machines—so demand and pricing can shift with trends in data centers, telecommunications, AI, and specialized electronics.

efpga technical

"a leading developer of embedded FPGA (eFPGA) Hard IP and User Tools"

An eFPGA is a programmable block of computer hardware that chip makers can embed inside larger chips so customers can reconfigure certain functions after the chip is manufactured. Think of it as a small patch of hardware that can be reshaped like Lego pieces to add or change features without redesigning the whole chip. For investors, eFPGAs matter because they can increase a chip’s lifespan, add customer value, and create recurring licensing or royalty revenue streams.

taped out technical

"QuickLogic has completed development of, and taped out a test chip that will be fabricated"

Taped out means a chip designer has finished and locked down the final semiconductor design and sent the manufacturing files to a fabrication plant so physical prototypes or production wafers can be made. It matters to investors because it marks a major shift from design work to real-world fabrication — like sending a finished blueprint to a builder — indicating progress toward product validation, potential revenue, and a clearer timeline for costs and technical risk reduction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Add on Google Not now

• Total Contract ceiling has been increased to approximately $88 million over the span of multiple years
• QuickLogic has completed development of, and taped out a test chip that will be fabricated by GlobalFoundries on its 12LP process

SAN JOSE, Calif., Dec. 18, 2025 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leading developer of embedded FPGA (eFPGA) Hard IP and User Tools, ruggedized FPGAs, and Endpoint AI/ML solutions, announces 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 (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 $88 million over multiple years. Under the Office of the Under Secretary of Defense for Research and Engineering (OUSD(R&E)), this project is sponsored by DoD's Trusted and Assured Microelectronics (T&AM) Program, and Naval Surface Warfare Center (NSWC) Crane is the Government's technical lead.

"QuickLogic is honored to continue to lead the development of this highly specialized and mission critical program," said Brian Faith president and CEO of QuickLogic. "We are proud to announce that we have completed the design and tape out for an FPGA test chip that will be fabricated by GlobalFoundries on its 12LP process." 

About QuickLogic

QuickLogic Corporation is a fabless semiconductor company specializing in eFPGA Hard IP, discrete FPGAs, and endpoint AI solutions. QuickLogic's unique approach combines cutting-edge technology with open-source tools to deliver highly customizable, low-power solutions for aerospace and defense, industrial, consumer, and computing markets.

For more information, visit www.quicklogic.com.

The QuickLogic logo and QuickLogic are registered trademarks of QuickLogic Corporation. All other brands or trademarks are the property of their respective holders and should be treated as such.

 

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SOURCE QuickLogic Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did QuickLogic (QUIK) announce on December 18, 2025 about its DoD contract?

QuickLogic announced the SRH FPGA contract scope was expanded and the total ceiling increased to approximately $88 million over multiple years.

How does the $88 million ceiling affect QuickLogic (QUIK) revenue timing?

The announcement states the $88 million ceiling spans multiple years, implying revenue will be recognized over that period.

What fabrication process will QuickLogic's taped-out test chip use for the QUIK program?

The company completed tape-out for a test FPGA chip that will be fabricated by GlobalFoundries on its 12LP process.

Which DoD programs and labs sponsor or lead QuickLogic's SRH FPGA contract (QUIK)?

The project is sponsored by the DoD Trusted and Assured Microelectronics (T&AM) Program with Naval Surface Warfare Center Crane as the Government technical lead.

Does the QuickLogic (QUIK) announcement report completed hardware development milestones?

Yes. QuickLogic stated it has completed the design and taped out a test FPGA chip for fabrication on GlobalFoundries 12LP.

Will the expanded SRH FPGA contract for QuickLogic (QUIK) immediately change company guidance?

The announcement does not provide updated financial guidance; it only states the contract ceiling increased to $88 million over multiple years.