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QuickLogic Inks New Distribution Agreement With Spur Microwave
(RTTNews) - QuickLogic Corp. (QUIK) announced Tuesday a new distribution agreement with Spur Microwave Inc. that will significantly strengthen QuickLogic's presence and support for customers across the growing India market.
Spur India is a prominent electronics distributor providing services and solutions for space, avionics, and other harsh environment applications where reliability is critical.
Spur Microwave will now offer QuickLogic's innovative semiconductor products, including FPGAs and eFPGA Hard IP, throughout India. This strategic alliance, effective immediately, is set to enhance the availability of QuickLogic's semiconductor solutions in key markets across India.
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QuickLogic Awarded $6.9 Mln Base Contract To Develop Technologies For DoD Requirements
Fabless semiconductor company QuickLogic Corp. (QUIK) announced Thursday it has been awarded a $6.9 million Base Contract, beginning this month, to develop and demonstrate Strategic Radiation Hardened (SRH), high reliability Field Programmable Gate Array (FPGA) technology to support identified and future Department of Defense (DoD) strategic and space system requirements.
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The Japanese yen weakened against other major currencies in the Asian session on Friday.
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Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending its early gains in mid-market moves on Friday, adding to the gains in the previous six sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving a tad above the 8,200 level, with gains in iron ore miners, financial and energy stocks partially offset by weakness in gold miners and technology stocks.
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