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QuickLogic Reports Fiscal Second Quarter 2026 Financial Results

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3 months ago

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SAN JOSE, Calif., Aug. 11, 2026 /PRNewswire/ — QuickLogic® Corporation (NASDAQ: QUIK) (“QuickLogic” or the “Company”), a developer of embedded FPGA (eFPGA) Hard IP, Strategic Radiation Hardened and Antifuse FPGAs, and ruggedized programmable logic solutions, today announced its financial results for the fiscal second quarter that ended June 28, 2026.

Recent Highlights

Received a feasibility study contract to evaluate QuickLogic eFPGA IP for potential architectural licenseReceived a contract to develop and qualify new packaging for QuickLogic OTP discrete FPGAs to meet new program requirementsShipped multiple RadPro™ FPGA Dev Kits, enabling customer evaluations of its U.S.-fabricated radiation-hardened FPGADemonstrated that using its eFPGA Hard IP fabric, PQSecure’s CRYSTAL-1000C post-quantum cryptographic IP core can be efficiently implemented as a reprogrammable function within SoCsAdded as a member of the broad-market Russell 3000® Index and the small-cap Russell 2000® Index

“We see 2026 shaping up to be a very successful year for QuickLogic,” said Brian Faith, CEO of QuickLogic. “As a result, we have narrowed our full-year growth outlook to a range of 70% to 80%. With this anticipated growth, we are modeling non-GAAP profitability and cash flow positive operations for the second half of 2026.”

Fiscal Second Quarter 2026 Financial Results

Total revenue from continuing operations for the second quarter of fiscal 2026 was $5.5 million, an increase of 48.7% compared with the second quarter of 2025 and an increase of 8.5% compared with the first quarter of 2026.

New product revenue from continuing operations was approximately $4.7 million in the second quarter of 2026, an increase of $1.7 million, or 59.7%, compared with the second quarter of 2025 and an increase of $0.4 million, or 8.6%, compared with the first quarter of 2026.

Mature product revenue from continuing operations was $0.8 million in the second quarter of 2026. This compares to $0.8 million in the second quarter of 2025 and $0.8 million in the first quarter of 2026.

Second quarter 2026 GAAP gross margin from continuing operations was 43.9% compared with 25.9% in the second quarter of 2025 and 36.5% in the first quarter of 2026.

Second quarter 2026 non-GAAP gross margin from continuing operations was 46.8% compared with 31.0% in the second quarter of 2025 and 39.6% in the first quarter of 2026.

Second quarter 2026 GAAP operating expenses from continuing operations were $4.1 million compared with $3.5 million in the second quarter of 2025 and $4.0 million in the first quarter of 2026.

Second quarter 2026 non-GAAP operating expenses from continuing operations were $3.5 million compared with $2.5 million in the second quarter of 2025 and $3.2 million in the first quarter of 2026.

Second quarter 2026 GAAP net loss was ($0.9 million), or ($0.05) per share, compared with a net loss of ($2.7 million), or ($0.17) per share, in the second quarter of 2025, and a net loss of ($2.2 million), or ($0.13) per share, in the first quarter of 2026.

Second quarter 2026 non-GAAP net loss was ($1.1 million), or ($0.06) per share, compared with a net loss of ($1.5 million), or ($0.09) per share, in the second quarter of 2025, and a net loss of ($1.3 million), or ($0.08) per share, in the first quarter of 2026.

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time today, August 11, 2026, to discuss its current financial results. The conference call will be webcast on QuickLogic’s IR Site Events Page at https://ir.quicklogic.com/ir-calendar. To join the live conference, you may dial (877) 407-0792 and international participants should dial (201) 689-8263 by 2:20 p.m. Pacific Time. No Passcode is needed to join the conference call. A recording of the call will be available approximately one hour after completion. To access the recording, please call (844) 512-2921 and reference the passcode 13761588.

The call recording, which can be accessed by phone, will be archived through August 18, 2026, and the webcast will be available for 12 months on the Company’s website.

About QuickLogic

QuickLogic is a fabless semiconductor company specializing in embedded FPGA (eFPGA) Hard IP, Strategic Radiation Hardened and Antifuse FPGAs, and ruggedized programmable logic solutions. QuickLogic’s unique approach combines cutting-edge technology with open-source tools to deliver highly customizable low-power solutions for aerospace and defense, industrial, computing, and consumer markets. For more information, visit www.quicklogic.com.

QuickLogic uses its website (www.quicklogic.com), the company blog (https://www.quicklogic.com/blog/), corporate X account (@QuickLogic_Corp), Facebook page (https://www.facebook.com/QuickLogic), and LinkedIn page (https://www.linkedin.com/company/13512/) as channels of distribution of information about its products, its planned financial and other announcements, its attendance at upcoming investor and industry conferences, and other matters. Such information may be deemed material information, and QuickLogic may use these channels to comply with its disclosure obligations under Regulation FD. Therefore, investors should monitor the Company’s website and its social media accounts in addition to following the Company’s press releases, SEC filings, public conference calls, and webcasts.

Non-GAAP Financial Measures

QuickLogic reports financial information in accordance with United States Generally Accepted Accounting Principles, or U.S. GAAP, but believes that non-GAAP financial measures are helpful in evaluating its operating results and comparing its performance to comparable companies. Accordingly, the Company excludes certain charges related to stock-based compensation, impairment charges, and restructuring costs, as well as significant non-recurring gains, in calculating non-GAAP (i) income (loss) from operations, (ii) net income (loss), (iii) net income (loss) per share, and (iv) gross margin percentage. The Company provides this non-GAAP information to enable investors to evaluate its operating results in a manner consistent with how the Company analyzes its operating results and to provide consistency and comparability with similar companies in the Company’s industry.

Management uses the non-GAAP measures, which exclude gains, losses, and other charges that are considered by management to be outside of the Company’s core operating results, internally to evaluate its operating performance against results in prior periods and its operating plans and forecasts. In addition, the non-GAAP measures are used to plan for the Company’s future periods and serve as a basis for the allocation of the Company’s resources, management of operations and the measurement of profit-dependent cash, and equity compensation paid to employees and executive officers.

Investors should note, however, that the non-GAAP financial measures used by QuickLogic may not be the same non-GAAP financial measures and may not be calculated in the same manner as that of other companies. QuickLogic does not itself, nor does it suggest that investors should, consider such non-GAAP financial measures alone or as a substitute for financial information prepared in accordance with U.S. GAAP. A reconciliation of U.S. GAAP financial measures to non-GAAP financial measures is included in the financial statements portion of this press release. Investors are encouraged to review the related U.S. GAAP financial measures and the reconciliation of non-GAAP financial measures with their most directly comparable U.S. GAAP financial measures.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding our future profitability, revenue growth, and cash flows, expectations regarding our future business and statements regarding the timing, milestones, and payments related to our government contracts, statements regarding expected contracts and the expected magnitude of such contracts, and statements regarding expected adoption rates and/or orders by our customers, and actual results may differ due to a variety of factors including: delays in the market acceptance of the Company’s new products; the ability to convert design opportunities into customer revenue; our ability to replace revenue from end-of-life products; the level and timing of customer design activity; the market acceptance of our customers’ products; the risk that new orders may not result in future revenue; our ability to introduce and produce new products based on advanced wafer technology on a timely basis; our ability to adequately market the low power, competitive pricing, and short time-to-market of our new products; intense competition by competitors; our ability to hire and retain qualified personnel; changes in product demand or supply; general economic conditions; political events, international trade disputes, natural disasters, and other business interruptions that could disrupt supply or delivery of, or demand for, the Company’s products; and changes in tax rates and exposure to additional tax liabilities. These and other potential factors and uncertainties that could cause actual results to differ materially from the results contemplated or implied are described in more detail in the Company’s public reports filed with the U.S. Securities and Exchange Commission (the “SEC”), including the risks discussed in the “Risk Factors” section in the Company’s Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and in the Company’s prior press releases, which are available on the Company’s Investor Relations website at http://ir.quicklogic.com/ and on the SEC website at www.sec.gov/. In addition, please note that the date of this press release is August 11, 2026, and any forward-looking statements contained herein are based on management’s current expectations and assumptions that we believe to be reasonable as of this date. We are not obliged to update these statements due to latest information or future events.

QuickLogic and logo are registered trademarks of QuickLogic. All other trademarks are the property of their respective holders and should be treated as such.

CODE: QUIK-E 

 –Tables Follow –

 

QUICKLOGIC CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except per share amounts)

(Unaudited)

Three Months Ended

Six Months Ended

June 28,
2026

June 29,
2025

March 29,
2026

June 28,
2026

June 29,
2025

Revenue

$

5,482

$

3,687

$

5,051

$

10,533

$

8,012

Cost of revenue

3,075

2,733

3,209

6,284

5,181

Gross profit (loss)

2,407

954

1,842

4,249

2,831

Operating expenses:

Research and development

1,556

1,193

1,512

3,068

2,461

Selling, general and administrative

2,552

1,962

2,437

4,989

4,498

Impairment charges

—

300

—

—

300

Restructuring costs

16

21

11

27

75

Total operating expense

4,124

3,476

3,960

8,084

7,334

Operating income (loss)

(1,717)

(2,522)

(2,118)

(3,835)

(4,503)

Interest expense

(71)

(108)

(54)

(125)

(205)

Interest income and other income (expense), net

(41)

(30)

(33)

(74)

(37)

Gain on extinguishment of vendor payable

950

—

—

950

—

Income (loss) from continuing operations before
income taxes

(879)

(2,660)

(2,205)

(3,084)

(4,745)

(Benefit from) provision for income taxes

3

1

(3)

—

6

Net income (loss) from continuing operations

(882)

(2,661)

(2,202)

(3,084)

(4,751)

Net income (loss) from discontinued operations, net     
     of taxes and inclusive of $87 in restructuring
     costs for the six months ended June 29, 2025

(5)

(9)

(4)

(9)

(110)

Net income (loss)

$

(887)

$

(2,670)

$

(2,206)

$

(3,093)

$

(4,861)

Net income (loss) from continuing operations per
share:

Basic

$

(0.05)

$

(0.17)

$

(0.13)

$

(0.17)

$

(0.30)

Diluted

$

(0.05)

$

(0.17)

$

(0.13)

$

(0.17)

$

(0.30)

Net income (loss) per share:

Basic

$

(0.05)

$

(0.17)

$

(0.13)

$

(0.17)

$

(0.31)

Diluted

$

(0.05)

$

(0.17)

$

(0.13)

$

(0.17)

$

(0.31)

Weighted average shares outstanding:

Basic

18,110

15,884

17,463

17,788

15,677

Diluted

18,110

15,884

17,463

17,788

15,677

Note: Net income (loss) equals total comprehensive income (loss) for all periods presented. Additionally, the Company notes that income taxes related to discontinued operations were immaterial in nature for the periods presented and as such, only net income (loss) from discontinued operations was reported herein.

QUICKLOGIC CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands)

(Unaudited)

June 28, 2026

December 28,
2025

ASSETS

Current assets:

Cash and cash equivalents

$

18,475

$

18,840

Accounts receivable, net of allowance for credit losses of $0.1M as of June 28, 2026 and     
     $0 as of December 28, 2025

1,483

2,809

Contract assets

23

217

Inventories

1,014

956

Prepaid expenses and other current assets

2,234

1,399

Assets of business held for disposal, net

—

2

Total current assets

23,229

24,223

Property and equipment, net

17,434

18,233

Capitalized internal-use software, net

1,327

1,117

Right of use assets, net

307

464

Intangible assets, net

320

339

Inventories, non-current

8

187

Other assets

335

241

TOTAL ASSETS

$

42,960

$

44,804

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current liabilities:

Revolving line of credit

$

5,000

$

15,000

Trade payables

2,210

2,251

Accrued liabilities

1,224

1,779

Deferred revenue

409

64

Notes payable, current

1,645

1,870

Lease liabilities, current

308

321

Total current liabilities

10,796

21,285

Long-term liabilities:

Lease liabilities, non-current

—

126

Notes payable, non-current

923

926

Total liabilities

11,719

22,337

Commitments and contingencies

Stockholders’ equity:

Preferred stock, $0.001 par value; 10,000 shares authorized; no shares issued and
     outstanding

—

—

Common stock, $0.001 par value; 200,000 authorized; 18,316 and 17,290 shares issued
     and outstanding as of June 28, 2026 and December 28, 2025, respectively

18

17

Additional paid-in capital

358,528

346,662

Accumulated deficit

(327,305)

(324,212)

Total stockholders’ equity

31,241

22,467

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

$

42,960

$

44,804

 

QUICKLOGIC CORPORATION

SUPPLEMENTAL RECONCILIATIONS OF US GAAP AND NON-GAAP FINANCIAL MEASURES

(in thousands, except per share amounts and percentages)

(Unaudited)

Three Months Ended

Six Months Ended

June 28,
2026

June 29,
2025

March 29,
2026

June 28,
2026

June 29,
2025

US GAAP operating income (loss)

$

(1,717)

$

(2,522)

$

(2,118)

$

(3,835)

$

(4,503)

Adjustment for stock-based compensation within:

Cost of revenue

158

189

156

314

347

Research and development

139

205

208

347

347

Selling, general and administrative

457

449

494

951

1,085

Adjustment for impairment charges

—

300

—

—

300

Adjustment for restructuring costs

16

21

11

27

75

Non-GAAP operating income (loss)

$

(947)

$

(1,358)

$

(1,249)

$

(2,196)

$

(2,349)

US GAAP net income (loss) from continuing
operations

$

(882)

$

(2,661)

$

(2,202)

$

(3,084)

$

(4,751)

Adjustment for stock-based compensation within:

Cost of revenue

158

189

156

314

347

Research and development

139

205

208

347

347

Selling, general and administrative

457

449

494

951

1,085

Adjustment for impairment charges

—

300

—

—

300

Adjustment for restructuring costs

16

21

11

27

75

Adjustment for significant non-recurring gains

(950)

—

—

(950)

—

Non-GAAP net income (loss) from continuing
operations

$

(1,062)

$

(1,497)

$

(1,333)

$

(2,395)

$

(2,597)

US GAAP net income (loss) from discontinued
operations

$

(5)

$

(9)

$

(4)

$

(9)

$

(110)

Adjustment for stock-based compensation within:

Research and development

—

—

—

—

(32)

Adjustment for restructuring costs

—

—

—

—

87

Non-GAAP net income (loss) from discontinued     
operations

$

(5)

$

(9)

$

(4)

$

(9)

$

(55)

Non-GAAP net income (loss)

$

(1,067)

$

(1,506)

$

(1,337)

$

(2,404)

$

(2,652)

US GAAP net income (loss) from continuing
operations per share, basic

$

(0.05)

$

(0.17)

$

(0.13)

$

(0.17)

$

(0.30)

Adjustment for stock-based compensation

0.04

0.06

0.05

0.09

0.11

Adjustment for impairment charges

—

0.02

—

—

0.02

Adjustment for restructuring costs

—

—

—

—

—

Adjustment for significant non-recurring gains

(0.05)

—

—

(0.05)

—

Non-GAAP net income (loss) from continuing
operations per share, basic

$

(0.06)

$

(0.09)

$

(0.08)

$

(0.13)

$

(0.17)

US GAAP net income (loss) from discontinued
operations per share, basic

$

—

$

—

$

—

$

—

$

(0.01)

Adjustment for stock-based compensation

—

—

—

—

—

Adjustment for restructuring costs

—

—

—

—

0.01

Non-GAAP net income (loss) from discontinued
operations per share, basic

$

—

$

—

$

—

$

—

$

—

Non-GAAP net income (loss) per share, basic

$

(0.06)

$

(0.09)

$

(0.08)

$

(0.13)

$

(0.17)

US GAAP net income (loss) from continuing
operations per share, diluted

$

(0.05)

$

(0.17)

$

(0.13)

$

(0.17)

$

(0.30)

Adjustment for stock-based compensation

0.04

0.06

0.05

0.09

0.11

Adjustment for impairment charges

—

0.02

—

—

0.02

Adjustment for restructuring costs

—

—

—

—

—

Adjustment for significant non-recurring gains

(0.05)

—

—

(0.05)

—

Non-GAAP net income (loss) from continuing
operations per share, diluted

$

(0.06)

$

(0.09)

$

(0.08)

$

(0.13)

$

(0.17)

US GAAP net income (loss) from discontinued
operations per share, diluted

$

—

$

—

$

—

$

—

$

(0.01)

Adjustment for stock-based compensation

—

—

—

—

—

Adjustment for restructuring costs

—

—

—

—

0.01

Non-GAAP net income (loss) from discontinued
operations per share, diluted

$

—

$

—

$

—

$

—

$

—

Non-GAAP net income (loss) per share, diluted

$

(0.06)

$

(0.09)

$

(0.08)

$

(0.13)

$

(0.17)

US GAAP gross margin percentage from
continuing operations

43.9

%

25.9

%

36.5

%

40.3

%

35.3

%

Adjustment for stock-based compensation included
in cost of revenue

2.9

%

5.1

%

3.1

%

3.0

%

4.4

%

Non-GAAP gross margin percentage from
continuing operations

46.8

%

31.0

%

39.6

%

43.3

%

39.7

%

 

QUICKLOGIC CORPORATION

SUPPLEMENTAL DATA

(Unaudited)

Percentage of Revenue

Change in Revenue

Q2 2026

Q2 2025

Q1 2026

Q2 2026 to
Q2 2025

Q2 2026 to
Q1 2026

COMPOSITION OF REVENUE     

Revenue by product: (1)

New products

85

%

79

%

85

%

60

%

9

%

Mature products

15

%

21

%

15

%

7

%

8

%

Revenue by geography:

Asia Pacific

8

%

17

%

10

%

(30)

%

(9)

%

North America

88

%

80

%

88

%

64

%

8

%

Europe

4

%

3

%

2

%

95

%

127

%

(1)

New products include all products manufactured on 180 nanometer or smaller semiconductor processes, and eFPGA IP and related professional services. Mature products include all products produced on semiconductor processes larger than 180 nanometer. Associated royalty revenues are included within their respective device’s classification. The Company notes it did not recognize revenue at the SensiML entity held for disposal during the periods presented herein.

 

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SOURCE QuickLogic Corporation

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SEEKINK Showcases Innovative E-Paper Applications and OEM/ODM Solutions at Electronica 2026

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By

MUNICH, Nov. 11, 2026 /PRNewswire/ — SEEKINK, an ePaper display module manufacturer and one-stop provider of ePaper devices, joined forces with TOPTE, a provider of Human-Machine Interface (HMI) display solutions, to exhibit at Electronica 2026 in Munich, Germany, at Hall B6, Booth 518.

Taking advantage of this international electronics industry platform, SEEKINK and TOPTE presented a comprehensive portfolio of low-power display technologies, highlighting their combined capabilities in ePaper modules, monochrome LCDs displays modules, TFT LCDs displays modules, single-module AMOLED displays modules, CTP/RTP touchscreens, fully laminated touch-display modules, and customized OEM/ODM services.

Exhibition Highlights and Product Portfolio

Featuring a contemporary wooden structure and distinctive circular lighting installations, the joint exhibition booth provided visitors with an immersive opportunity to explore display technologies and their applications across different scenarios.

The exhibition highlighted a diverse range of end products and solutions, including E Ink Prism modular walls, ePaper photo frames and advertising displays, smart electronic labels, and digital office solutions.

E Ink Prism Modular Wall Expands Large-Format Commercial Display Applications

One of the key highlights was the E Ink Prism™ 3S modular ePaper wall, which brings new possibilities to large-format commercial display and advertising applications.

Designed as a modular decorative wall, the Prism installation supports scalable configurations, dynamic color changes, and customizable graphic patterns. Its paper-like display surface is glare-free and can maintain static content with near-zero power consumption. These characteristics make it suitable for advertising, brand presentations, reception areas, and creative spaces.

The installation demonstrates the potential of ePaper technology as a modern form of digital surface design, extending its applications beyond conventional displays into architectural and interior decoration.

From ePaper Photo Frames to Smart Accessories: Expanding Consumer Electronics Applications

In the consumer electronics segment, SEEKINK showcased ePaper photo frames in multiple sizes, including 4-inch, 5.89-inch, 7.09-inch, 10.1-inch, and 13.3-inch models. The portfolio also included larger 28.5-inch and 31.5-inch wall-mounted ePaper art frames and advertising displays, exploring new possibilities for digital image presentation in residential and indoor environments.

In addition, SEEKINK presented a range of new ePaper-enabled lifestyle accessories, including round badges, fridge magnet, anti-loss trackers, luggage tags, and pet tags.

With highly customizable designs for branding and personalization, paper-like eye-friendly displays, and a combination of environmental and aesthetic benefits, these products demonstrate the expanding potential of ePaper technology in personal accessories and everyday consumer electronics.

A Diverse ePaper Product Portfolio for Digital Office Applications

For digital office environments, SEEKINK presented several ePaper display solutions, including 3.7-inch color ePaper badges, 7.3-inch color and 7.5-inch 4-color solar-powered ePaper desk signs, and 10.2-inch four-color ePaper door signs.

These products support centralized content management and real-time information synchronization while maintaining low power consumption during continuous display. They are designed to support more energy-efficient and streamlined office operations, with applications including meeting room information, employee identification, and workstation information in shared office environments.

ePaper Labels for Industrial and Logistics Applications

For industrial and logistics applications, SEEKINK showcased a range of compact ePaper labels in sizes including 2.9 inches, 3.7 inches, and 4.2 inches.

The monochrome models combine fast refresh performance, low power consumption, and long battery life, offering a proven and reliable option for the digital transformation of industrial, logistics, and warehousing operations.

Meanwhile, continued technological advancements in BWRY and full-color E Ink Spectra 6 displays are further expanding the visual capabilities of ePaper labels, creating more possibilities for their use in digital industrial and logistics environments.

Strategic Collaboration and Market Focus

SEEKINK and TOPTE aim to provide one-stop display solutions for customers worldwide. By combining SEEKINK’s expertise in ePaper display module manufacturing with TOPTE’s capabilities in HMI display solutions, the two companies seek to address the growing demand for sustainable and energy-efficient display technologies in the European market.

About Jiangxi Xingtai Technology Inc. (SEEKINK)

SEEKINK is a professional ePaper display module manufacturer and one-stop OEM/ODM service provider. Leveraging its integrated industrial capabilities, spanning ePaper display modules to complete ePaper devices, SEEKINK is committed to enabling innovative ePaper applications across smart retail, commercial displays, smart offices, consumer electronics, digital art, and smart industrial and logistics sectors.

Follow SEEKINK:
Website: https://www.seekink.com/
LinkedIn: https://www.linkedin.com/company/seekink/
YouTube: https://www.youtube.com/@Seekink
Business Inquiries: enquiries@seekink.com 

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SOURCE SEEKINK

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SolidRun Launches NXP i.MX 95 Portfolio with Complete Industrial Ecosystem and Demonstrated NVIDIA Holoscan Integration

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New i.MX 95 SoM, HummingBoard i.MX 95 IIoT carrier and camera partner ecosystem connect NXP edge nodes to SolidRun’s NVIDIA-based AI systems under one vendor, with all three Ethernet PHYs, including 10GbE, on the module

MUNICH, Germany and TEL AVIV, Israel, Nov. 11, 2026 /PRNewswire/ — SolidRun, a leading developer and manufacturer of high-performance System-on-Modules (SoMs), Single Board Computers (SBCs) and industrial edge computing solutions, today at electronica 2026 announced its NXP® i.MX 95 product family, combining the i.MX 95 SoM, HummingBoard i.MX 95 IIoT industrial carrier, software support, a camera integration ecosystem and a demonstrated end-to-end NVIDIA Holoscan implementation.

Engineered for Industry 4.0, real-time robotics, energy storage systems (ESS) and industrial networking infrastructure, the platform delivers deterministic multi-gigabit networking, real-time safety control and scalable Physical Edge AI. By bringing the essential hardware, software and integration capabilities together under one roof, SolidRun helps OEMs simplify development, reduce engineering risk and accelerate time to market.

“Industrial OEMs and infrastructure providers are moving rapidly toward Physical AI, but they face immense friction with multi-gigabit signal routing and fragmented vendor ecosystems,” said Alexander Schwartz, Head of Product at SolidRun. “By integrating all Ethernet PHYs, including 10GbE, directly on the i.MX 95 SoM while maintaining drop-in pin compatibility with our i.MX8 lines, we eliminate hardware design friction. And because we design both our NXP and NVIDIA edge platforms in-house, our customers gain a single, fully integrated system architecture that scales from compact real-time nodes up to enterprise-grade AI clusters under one roof.”

A Complete Industrial Ecosystem, From Sensor to AI

At the center of the portfolio is SolidRun’s HummingBoard i.MX 95 IIoT industrial carrier, designed for demanding applications that require high-speed networking, real-time control and multi-sensor integration. Key features include:

Industrial connectivity: Dual Gigabit Ethernet, 10GbE RJ45 with optional SFP+ optical connectivity, dual CAN-FD, RS485 and RS232Real-time control and safety: Cortex-M7 (800MHz) and Cortex-M33 (333MHz) safety domain, providing a foundation for ASIL-B and SIL-2 functional safety certificationVision and expansion: Dual MIPI CSI-2 camera interfaces with advanced ISP support, dual display outputs and multiple M.2 slots for AI acceleration, NVMe storage and 5G/cellular connectivity

Beyond the hardware, SolidRun supports a growing ecosystem of camera partners, software solutions, developer tools and application demonstrations, giving customers a coordinated platform from initial evaluation through deployment.

Demonstrated NVIDIA Holoscan Integration

SolidRun is the first to demonstrate a complete, self-contained i.MX 95 to NVIDIA Holoscan to GPU implementation on hardware from a single vendor. The pipeline processes camera and sensor data using the i.MX 95’s integrated ISP and 2.3 TOPS NPU, streams it over 10GbE for GPU inference on a SolidRun NVIDIA-based AI system, and returns commands to the Cortex-M7 core for real-time closed-loop control. Because the implementation is fully software-defined, it handles more complex workloads than fixed-function streaming front ends.

One Vendor, From NXP Edge Nodes to NVIDIA AI Systems

SolidRun brings its NXP-based embedded platforms and NVIDIA-based AI systems together in a unified, software-defined architecture, giving customers a single hardware partner from edge processing to advanced AI inference. This integrated approach simplifies development, reduces integration complexity and accelerates time to market.

Simplifying Industrial Design with Integrated Connectivity

Unlike other i.MX 95 modules that route raw SERDES or USXGMII signals to carrier connectors, SolidRun is the first to integrate all three Ethernet PHYs, including 10GbE, directly on the SoM. This eliminates the need for OEMs to design complex multi-gigabit PHY circuitry, high-speed differential pairs and magnetics, reducing PCB complexity, EMI compliance risk and development cost. All three Ethernet ports support Time-Sensitive Networking (TSN) for deterministic industrial communication.

The i.MX 95 SoM also retains the 47 x 30 mm footprint and pinout compatibility of SolidRun’s previous-generation i.MX8 and i.MX8M Plus modules, providing an upgrade path without redesigning existing carrier hardware. Powered by Arm® Cortex®-A55 cores, LPDDR5 memory and the integrated eIQ® Neutron NPU, the platform increases AI processing and bandwidth while protecting customers’ existing hardware investments.

“Physical AI at the industrial edge demands compute, real-time control and safety on one chip, which is exactly what we designed the i.MX 95 to deliver, with its eIQ Neutron NPU, integrated ISP and dedicated safety domain,” said Robert Thompson, Director, Secure Connected Edge Ecosystem at NXP Semiconductors. “SolidRun’s module puts that capability to work the way OEMs need it, with the hardest parts of the system design already done, so they can bring their next generation of intelligent industrial products to market faster and with less risk.”

Availability

The SolidRun i.MX 95 SoM and HummingBoard i.MX 95 IIoT carrier are shipping now in quad- and hexa-core configurations, with commercial, wide and industrial temperature grades, including industrial operation from -40°C to +85°C. Software support and developer tools are available to accelerate evaluation and deployment.

For more information, visit SolidRun i.MX 95 SoM and HummingBoard i.MX 95 IIoT.

For more information about SolidRun, visit www.solid-run.com.

Click here for the press kit.

About SolidRun

SolidRun is a leading developer and manufacturer of embedded computing and networking solutions, offering Arm- and x86-based Computer-on-Modules (SoMs), single-board computers and industrial edge computing platforms. As an original design manufacturer, SolidRun makes the latest silicon accessible to OEMs and accelerates the development and deployment of embedded, IoT and AI applications. For more information, visit www.solid-run.com.

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London startups backed by 2100 Ventures recognised among Europe’s most promising AI companies

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November 11, 2026

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2100 Ventures ranks #28 among the Top 50 investors and lenders behind Sifted’s AI 100, as Alessandro Benetton backs the next generation of European tech innovators

LONDON, Nov. 11, 2026 /PRNewswire/ — Two London startups backed by European early-stage venture capital firm 2100 Ventures have been recognised in Sifted’s 2026 AI 100, which ranks Europe’s most promising AI-native startups. Swap ranks #9 and Lupa #38, among four 2100 Ventures portfolio companies to make this year’s list. 

2100 Ventures has also been named the only Italian investor among Sifted’s Top 50 investors and lenders behind the AI 100, ranking #28 overall, with twice as many portfolio companies represented as last year. The recognition highlights the firm’s role in identifying and supporting emerging European technology businesses as they develop and scale. 

Alongside Swap (#9) and Lupa (#38), the other 2100 Ventures-backed companies recognised are Mimic (#23) and Orbio (#62). 

More than 1,500 eligible companies were considered for Sifted’s 2026 AI 100, which covers AI-native startups valued under $1bn, with companies assessed on market opportunity, competitive differentiation and momentum. 

London-based Swap, which ranks #9 in the AI 100, provides an AI-powered platform helping ecommerce brands manage and grow their global operations. Founded in 2022, the company raised $100 million in January 2026, following a $40 million Series B, bringing its total funding to $149 million. 

Lupa (#38) is a London-based, AI-native veterinary technology company developing software to modernise veterinary practice management by automating administrative tasks, clinical documentation and client communications. Founded in 2023, the company raised $4 million in seed funding in January 2025 from investors including firstminute capital, 2100 Ventures and Vento by Exor Ventures. In October 2025, Lupa announced a further $20 million Series A, bringing its reported total funding to $25 million. 

Founded in 2023 by Alessandro Benetton alongside Andrea Casasco and Andrea Gennarini, 2100 Ventures invests in and supports early-stage businesses across sectors including AI, SaaS, fintech, data and ClimateTech. The firm – supported by Edizione, one of the most important European industrial holdings, and 21 Invest – works with emerging founders as they develop ambitious ideas and build businesses capable of international impact. 

Alessandro Benetton, Chairman of Edizione, founded the private equity firm 21 Invest in 1992, which has since raised more than €3 billion in capital and invested in more than 110 companies. His involvement in 2100 Ventures extends that investment activity into Europe’s early-stage technology ecosystem, with a focus on backing a new generation of entrepreneurs and innovation that can create shared value for business and society.

Alessandro Benetton said: “Europe has extraordinary entrepreneurial talent, and we believe strongly in giving the next generation of founders the backing they need to turn ambitious ideas into businesses with international impact. 

“Young people represent both the present and the future of our society. We need to listen to them, help them express their talent and support them as they drive innovation and bring forward new solutions for society. For me, this is also what shared value means: supporting enterprise in a way that creates lasting benefits not only for business, but for the wider communities it serves. 

“Having four 2100 Ventures portfolio companies recognised among Sifted’s AI 100 is encouraging. It reflects the ambition of these founders and the importance of giving emerging talent the support, confidence and resources to challenge established models and create new opportunities. That was central to why we created 2100 Ventures.”

 

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