Partnership Power: QuickLogic (QUIK) Shares See Impressive Gain

An evident surge in the stocks of QuickLogic Corporation (NASDAQ: QUIK) is presently underway, marked by a significant increase of 12.32% to $19.78 in the latest observation. The recent important relationship that QuickLogic created is the reason for the spike in the company’s shares.

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QuickLogic (QUIK) and Zero-Error Systems America (ZES), a well-known supplier of intellectual property (IP) and radiation-hardened-by-design (RHBD) semiconductor products, have recently established a strategic partnership. Through this collaboration, radiation-tolerant eFPGA IP for commercial space applications—which target ASICs and SoCs needing high dependability in aerospace environments—will be made easier to design.

The Low Earth Orbit (LEO) satellite market, estimated by MarketsandMarkets to be worth $9.6 billion in 2021, is expected to expand at a compound yearly growth rate (CAGR) of 15.5% from $12.6 billion in 2023 to $19.8 billion by 2026.  This growth is primarily driven by the increasing demand for services offered by LEO satellite constellations and cost reductions in launch services.

Innovations such as smaller, lighter batteries and reusable hardware designs underscore the importance of hardware reprogrammability and the reduction of Size, Weight, and Power (SWAP) of electronic systems. However, conventional eFPGA IP, crucial for post-launch reprogrammability, lacks optimization for radiation-tolerant commercial and space applications. Utilizing ZES’s robust RHBD cell libraries, QuickLogic and ZES are collaborating to address this gap by delivering cutting-edge, reliable, radiation-tolerant eFPGA IP cores and customization options.

The synergy between ZES’s RHBD cell libraries and QuickLogic’s Australis eFPGA IP Generator ensures that the resulting eFPGA IP cores are highly dependable and capable of withstanding space environments within and near LEO orbits. QuickLogic’s Australis IP Generator can develop customized and/or application-specific eFPGA IP significantly faster than alternative eFPGA IP vendors, meeting the design time requirements of this market. This collaboration also ensures that the resulting eFPGA IPs contribute to the reduction of SWAP.

QuickLogic’s longstanding reputation in the programmable logic industry and its ability to swiftly deliver customized eFPGA IP cores make this collaboration an exceptional opportunity for Zero-Error Systems to expand its RHBD IP portfolio beyond the current offerings of Latchup Detection and Protection (LDAP), Point of Load, and Voter integrated circuits.

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