I mean, yeah, but also Simon and Speck aren't as good as the new generation of low-footprint designs like Ascon and Xoodyak. We know more about how to do these things now than we did 15 years ago.
In what ways is it better? Security margin or something? I thought Speck has held up pretty well to cryptanalysis (unlike you I'm not in the security field so maybe I'm wrong).
I quite liked the remarkable simplicity of Speck. Performance was better than Ascon in my limited testing. It seems like it should be smaller on-die or in bytes of code, and with possibly lower power consumption. And round key generation was possible to compute on-the-fly (reusing the round code!) for truly tiny processors.