QuickLogic Secures $1.4 Million to Enhance FPGA Technologies

Author: Ryan Hughes Updated: 03-31-2025 07:15 AM

QuickLogic Secures Additional Funding for Strategic Programs

QuickLogic Corporation (NASDAQ: QUIK), a prominent developer in embedded FPGA (eFPGA) technology and ruggedized FPGAs, has recently announced a significant advancement in its Strategic Radiation Hardened (SRH) Program. The company has been awarded an additional $1.43 million in incremental funding modification, marking a crucial step forward in the development of field-programmable gate array (FPGA) technology designed to meet military standards.

Funding Modification Highlights

This new funding modification comes on top of a prior contract of $6.58 million received in late 2024. Together, these funds will facilitate the ongoing development and demonstration of high-reliability SRH FPGA technology, which is essential for applications in aerospace and defense sectors. QuickLogic's efforts are crucial for meeting the stringent requirements set by the Department of Defense (DoD) for both current and future strategic systems.

Commitment to Quality and Reliability

Brian Faith, the president and CEO of QuickLogic, emphasized the importance of these developments by stating, "Our FPGA and eFPGA Hard IP solutions are specifically engineered to meet the stringent standards of Aerospace and Defense Industrial Base customers. This Incremental Funding Modification and the recently expanded scope of our ongoing contract underscore the value of the SRH program's aim to meet identified and future Department of Defense strategic and space system requirements." This commitment to innovation highlights QuickLogic's role as a key player in advanced semiconductor solutions.

About QuickLogic Corporation

QuickLogic is recognized as a fabless semiconductor company that specializes in a range of innovative technologies, including eFPGA Hard IP, discrete FPGAs, and cutting-edge endpoint AI solutions. The firm's approach integrates state-of-the-art technology with open-source tools, allowing for the creation of highly customizable and low-power solutions aimed at industrial, aerospace, consumer electronics, and computing markets. For additional details about QuickLogic's products and services, you can visit their official website.

Frequently Asked Questions

What is the purpose of the new funding QuickLogic received?

The funding will enhance the development and demonstration of high-reliability SRH FPGA technology crucial for DoD applications.

What are the main technologies QuickLogic focuses on?

QuickLogic specializes in eFPGA Hard IP, discrete FPGAs, and endpoint AI solutions across several markets.

Who is the current CEO of QuickLogic Corporation?

Brian Faith serves as the president and CEO of QuickLogic Corporation.

How does QuickLogic contribute to the aerospace and defense sectors?

The company develops solutions that meet stringent requirements for aerospace and defense, enhancing technology used in crucial systems.

Where can I find more information about QuickLogic’s offerings?

More information can be found by visiting QuickLogic's official website.

About The Author

Hello, my name is Ryan Hughes. I am a financial, economics, and stock market specialist committed to assisting people in negotiating the intricacies of the financial system. Having a great deal of experience and a thorough grasp of market dynamics and economic trends, my area of expertise is converting complex financial ideas into understandable, practical knowledge. By use of my articles and blog entries, I hope to give you the information and assurance you need to make wise financial choices.

I've had the honor of interacting with a wide range of readers as a writer for several financial blogs, from new investors to seasoned market participants. To enable you to reach your financial goals, I want to make finance, economics, and stock market trends understandable and approachable. I appreciate you traveling with me toward success and financial literacy.

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