QuickLogic announced that its eFPGA Hard IP was selected by Chipus for a high‑performance data‑center ASIC fabricated on a 12 nm process. Chipus, a fabless design house that specializes in mixed‑signal ASICs and IP blocks, will embed QuickLogic’s IP to provide post‑manufacturing flexibility and lower silicon area.
The partnership expands QuickLogic’s presence in the data‑center market and demonstrates the scalability of its Australis eFPGA Hard IP Generator across advanced nodes. By integrating the eFPGA into the ASIC, Chipus can reconfigure logic after silicon fabrication, reducing design risk and shortening time‑to‑market for its customers.
The deal comes after the recent exit of FlexLogix, which was acquired by Analog Devices. With FlexLogix’s assets and technical team absorbed, QuickLogic now faces less direct competition in the eFPGA space, strengthening its strategic position.
QuickLogic’s financial results for Q3 2025 show a revenue decline to $2.0 million and negative non‑GAAP gross margins, reflecting the timing of large IP contracts and the absorption of fixed and R&D costs. Management has cautioned that the Q4 2025 revenue guidance of $3.5 million to $6 million is highly dependent on the award of new contracts, including the Chipus deal, and therefore does not guarantee a rebound in the quarter.
CEO Brian Faith highlighted the company’s focus on defense and advanced eFPGA markets, noting that the Chipus partnership is a “strategic win” that could open further opportunities in commercial data‑center applications. CFO Elias Nader explained that the guidance range reflects the uncertainty around contract timing and that the company is working to convert its advanced IP offerings into recurring revenue streams.
Investors responded positively to the earnings beat, noting QuickLogic’s disciplined cost management and strategic focus on high‑margin segments, while remaining cautious about the company’s current revenue volatility and negative margins.
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