|
|
|
||
(State or other jurisdiction
of incorporation)
|
(Commission
File Number)
|
(IRS Employer
Identification No.)
|
||
|
|
|||
(Address of principal executive offices)
|
(Zip Code)
|
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
Title of each class
|
Trading Symbol(s)
|
Name of each exchange on which registered
|
|
|
The
|
99.1
|
||
104
|
Cover Page Interactive Data File (embedded within the Inline XBRL document)
|
Date: September 1, 2021
|
QuickLogic Corporation
|
|
/s/ Anthony Contos
|
||
Anthony Contos
Interim Principal Financial Officer and Chief Accounting Officer
|
Exhibit 99.1
QuickLogic Announces New eFPGA Contract
SAN JOSE, California, Sept. 1, 2021 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced that it has won a $2 million eFPGA Contract.
The revenue for the contract is expected to be recognized during the second half of fiscal 2021. The third quarter fiscal 2021 revenue guidance range and outlook for fiscal 2021 growth previously provided during the Company’s financial results conference call on August 17, 2021 is unchanged.
This new Contract is the direct result of the Company’s groundbreaking QORC (QuickLogic Open Reconfigurable Computing) initiative that it launched in June 2020. With the initiative, QuickLogic became the first programmable logic vendor to actively embrace a fully open-source suite of development tools and design methodologies for its FPGA devices and eFPGA technology. This initiative engenders the emerging trend toward open-source tooling, significantly broadens access to the company's products, and enables hardware and software developers with tools supported by both the user community and QuickLogic.
Prior to selecting QuickLogic for this project, the customer performed an extensive evaluation of programmable logic companies.
"We are honored and pleased that this customer has chosen QuickLogic as its eFPGA partner," said Brian Faith, President and CEO of QuickLogic. “Our deep domain expertise, proven track record in delivering high quality programmable logic devices, eFPGA IP and FPGA User Tools combined with our strategic QORC open-source initiatives, make QuickLogic the ideal partner. We look forward to enabling our customer’s visionary products and ambitious timelines.”
About QuickLogic
QuickLogic Corporation (NASDAQ: QUIK) is a fabless semiconductor company that develops low power, multi-core semiconductor platforms and Intellectual Property (IP) for Artificial Intelligence (AI), voice and sensor processing. The solutions include embedded FPGA IP (eFPGA) for hardware acceleration and pre-processing, and heterogeneous multi-core SoCs that integrate eFPGA with other processors and peripherals. The Analytics Toolkit from our recently acquired wholly owned subsidiary, SensiML Corporation, completes the end-to-end solution with accurate sensor algorithms using AI technology. The full range of platforms, software tools and eFPGA IP enables the practical and efficient adoption of AI, voice and sensor processing across mobile, wearable, hearable, consumer, industrial, edge and endpoint IoT. For more information, visit www.quicklogic.com and www.quicklogic.com/blog.
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.
Company Contact
Brian Faith
Chief Executive Officer
(408) 990-4000
ir@quicklogic.com
IR Contact
Jim Fanucchi
Darrow Associates, Inc.
(408) 404-5400
ir@quicklogic.com
CODE: QUIK-E
Document And Entity Information |
Sep. 01, 2021 |
---|---|
Document Information [Line Items] | |
Entity, Registrant Name | QuickLogic Corporation |
Document, Type | 8-K |
Document, Period End Date | Sep. 01, 2021 |
Entity, Incorporation, State or Country Code | DE |
Entity, File Number | 000-22671 |
Entity, Tax Identification Number | 77-0188504 |
Entity, Address, Address Line One | 2220 Lundy Avenue |
Entity, Address, City or Town | San Jose |
Entity, Address, State or Province | CA |
Entity, Address, Postal Zip Code | 95131-1816 |
City Area Code | 408 |
Local Phone Number | 990-4000 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common Stock |
Trading Symbol | QUIK |
Security Exchange Name | NASDAQ |
Entity, Emerging Growth Company | false |
Amendment Flag | false |
Entity, Central Index Key | 0000882508 |