QuickLogic Secures Orders for Strategic Radiation-Hardened FPGA Dev Kits on 12nm Process
QuickLogic received initial orders for its Strategic Radiation Hardened FPGA Development Kit featuring test chips fabricated on GlobalFoundries’ 12 nm process, with delivery slated for late Q1 2026. The kits target large Defense Industrial Base programs and bolster prospects for discrete and embedded FPGA design wins requiring radiation hardening.
1. Orders Received for SRH FPGA Dev Kit
QuickLogic announced that it has received initial purchase orders for its Strategic Radiation Hardened FPGA Development Kit (SRH FPGA Dev Kit), marking the first commercial traction for this product line. The orders, placed by key Defense Industrial Base customers, validate QuickLogic’s strategic investment in radiation-hardened FPGA technology and open a pathway for future discrete SRH FPGA design wins.
2. Fabrication and Delivery Timeline
The SRH FPGA Dev Kits include test chips fabricated on GlobalFoundries’ 12-nm process, a node chosen for its proven radiation tolerance and manufacturing maturity. QuickLogic funded chip tape-outs in 2025, and delivery of the development kits is scheduled for late Q1 2026. This timeline positions QuickLogic to support customer evaluation and integration ahead of major program milestones in 2027 and beyond.
3. Strategic Defense Customers & Design Wins
The SRH FPGA test chips were engineered to meet stringent requirements from large Defense Industrial Base programs currently under development. QuickLogic’s CEO, Brian Faith, highlighted that these early kit orders not only demonstrate product fit but also enhance the company’s prospects for securing future contracts for both discrete FPGAs and embedded SRH FPGA hard IP in ASIC designs for avionics, satellite and missile-defense applications.
4. Revenue Outlook and Multiple Expansion
Analysts project that QuickLogic’s 2025 revenues will decline by 20–30% year-over-year due to timing shifts in defense contract awards and high customer concentration. However, the firm’s transition to storefront revenue models in 2026 is expected to generate 10% of total revenues, offering a catalyst for valuation multiple expansion. With a one-year price target implying roughly 10% upside, investors are focusing on the SRH FPGA kit rollout as a key driver of improved top-line visibility and margin leverage.