Everspin Awarded $14.55M to Provide Continued, Stable On-Shore MRAM Manufacturing
Everspin Technologies, Inc. (NASDAQ: MRAM) has been awarded $14.55 million over 2.5 years to develop a long-term plan for providing on-shore MRAM manufacturing services to aerospace and defense industries.
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Everspin PERSYST MRAM manufacturing facilities will continue to be used for US domestic production of MRAM wafers and devices for aerospace and defense industries
“Everspin is pleased to provide continuous on-shore MRAM capability to its aerospace and defense customers,” said Sanjeev Aggarwal, President Technologies and CEO of Everspin Technologies. “Our MRAM manufacturing technology and integration is front-end CMOS agnostic allowing our customers and Everspin to source the optimal CMOS wafers from a FAB of choice.”
Everspin’s MRAM manufacturing line in
About Everspin Technologies
Everspin Technologies, Inc., is the world’s leading provider of Magnetoresistive RAM (MRAM). Everspin MRAM delivers the industry’s most robust, highest-performance, non-volatile memory for Industrial IoT, Data Centers, and other mission-critical applications where data persistence is paramount. Headquartered in
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Source: Everspin Technologies, Inc.