QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP (eFPGA), and Endpoint AI solutions, today announced that it was awarded a new eFPGA contract for a previously announced foundry/process node combination, worth approximately $3.0 million. This award brings the aggregate value of all eFPGA engagements since July 2021 to more than $9.0 million.
The Company will leverage its Australis™ eFPGA IP Generator, launched in September 2021, to implement the customer’s specific eFPGA configuration. This tool quickly generates custom eFPGA IP, optimized for power, performance, and area, for nearly any foundry/process node combination. Further information on the Australis™ eFPGA IP Generator can be found on the Company’s website at www.quicklogic.com/products/efpga/efpga-ip2/.
“When we introduced the Australis tool with its high degree of flexibility, we were convinced that its capabilities would result in multiple significant eFPGA designs wins,” said Brian Faith, president, and CEO of QuickLogic. “Now we are seeing that conviction manifested in actual results, and the pace of new wins is accelerating.”