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QUICKLOGIC Corp

For the period ended Nov 11, 2024. Filed Nov 12, 2024.

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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.

Nov 11, 2024 · Filed Nov 12, 2024

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QUIK$8.05+9.6%Stored close · as of Nov 6, 2026
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EX-99.1 · Recent Highlights

Recent Highlights

•Third quarter results in line with recent guidance
•Continued to execute on third tranche of the Strategic Radiation Hardened FPGA Technology US Government contract
•Delivered eFPGA IP for GlobalFoundries' 12LP process to large defense industrial base customer
•Delivered eFPGA IP for TSMC's N12e 12nm process to a large multi-national customer in a record time of three months
•Continued development of an eFPGA Hard IP core, believed to be the first for Intel 18A process and on track for initial delivery by year-end 2024
•SensiML partnered with eFabless to drive open-source Edge AI innovation
•SensiML expanded platform support to include RISC-V architecture
•Executed an agreement with Synopsys to include Synopsys Synplify® FPGA Logic Synthesis in the Aurora FPGA User Tool Suite

“We are on schedule to close 2024 with eFPGA Hard IP delivered for a total of six fabrication processes,” said Brian Faith, CEO of QuickLogic. "With these completed, we are in a position to capitalize on the growing number of inquiries we are seeing, and complete IP license deliverables for these fabrication processes quickly and with notably lower expenses thanks to our Australis eFPGA Hard IP Generator."

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