QuickLogic Corporation

QuickLogic announced a mid-6-figure contract to implement architectural enhancements for its eFPGA Hard IP in a new customer ASIC based on Intel 18A technology.

Everspin Technologies has agreed to provide MRAM technology, design and manufacturing services to QuickLogic Corp. for a US$2.8 million contract (with options up to $8.7 million) to develop strategic radiation hardened FPGAs, sponsored by the DoD's T&AM Program.

QuickLogic has been awarded a $6.9 million base contract by the U.S. Army Contracting Command to develop strategic radiation hardened FPGA technology for the Department of Defense. The contract includes options totaling up to $72 million over multiple years. The announcement was made on September 8, 2022.

QuickLogic Corporation was awarded a new eFPGA contract worth approximately $3.0 million for a previously announced foundry/process node combination. Revenue recognition begins in Q2 2022 and continues through June 2025.