QuickLogic Announces New Seven-Figure FPGA Hard IP Contract

Contract has ceiling value of $2.7 million with revenue recognition beginning in Q2 2026 and extending through Q1 2027 Contract will target GlobalFoundries 12LP fabrication process with tape-out scheduled for 2026 QuickLogic will be provided with Test Chips to characterize and include in new Eval Kits SAN JOSE, Calif., May 13, 2026 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, Strategic Radiation Hardened and Antifuse FPGAs, and ruggedized programmable solutions, announced today it has been awarded a new contract for a large discrete FPGA with a ceiling value of $2.7 million.