QuickLogic Announces $1.1M eFPGA IP Contract with new Defense Industrial Base Customer
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QuickLogic Corporation has secured a $1.1 million contract with a Defense Industrial Base customer for its eFPGA IP, utilizing GlobalFoundries' 12nm low-power process.
February 26, 2025 | 2:00 pm
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QuickLogic Corporation has been awarded a $1.1 million contract by a Defense Industrial Base customer for its eFPGA IP, which will be implemented using GlobalFoundries' 12nm low-power process.
The contract represents a significant revenue opportunity for QuickLogic, enhancing its position in the defense sector and showcasing its technology's applicability in advanced processes like GlobalFoundries' 12nm. This is likely to positively impact the stock price in the short term.
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