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QuickLogic Announces $1.4 Million Incremental Funding Modification for its Strategic Radiation Hardened Program
QUIKQuickLogic(QUIK) Prnewswire·2025-03-31 11:00

Core Insights - QuickLogic Corporation has been awarded an Incremental Funding Modification (IFM) of 1.43millionforitsStrategicRadiationHardened(SRH)Program,inadditiontoapreviouscontractof1.43 million for its Strategic Radiation Hardened (SRH) Program, in addition to a previous contract of 6.58 million received in December 2024 [1][2] Group 1: Company Overview - QuickLogic Corporation is a fabless semiconductor company that specializes in embedded FPGA (eFPGA) Hard IP, discrete FPGAs, and endpoint AI solutions [2] - The company focuses on delivering highly customizable, low-power solutions for various markets including industrial, aerospace, consumer, and computing [2] Group 2: Strategic Initiatives - The IFM supports the continued development and demonstration of high reliability SRH FPGA technology, which is designed to meet the stringent standards of Aerospace and Defense Industrial Base customers [1][2] - The expanded scope of the ongoing contract highlights the program's aim to fulfill current and future Department of Defense (DoD) strategic and space system requirements [2]