News Stories and Press Releases

August 24, 2018

Darin Billerbeck Joins Everspin Technologies Board of Directors

Chandler, AZ, August 24, 2018 — Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced that Darin Billerbeck, former CEO of Lattice Semiconductor, has been elected to Everspin’s Board of Directors.

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August 8, 2018

Everspin Reports Second Quarter 2018 Financial Results

Chandler, AZ, August 8, 2018 — Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of discrete and embedded MRAM, today announced financial results for the second quarter ended June 30, 2018.

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August 7, 2018

IBM Unveils 19TB SSD With Everspin MRAM Data Cache

Niche technologies like MRAM (magnetoresistive random access memory) have lived on the fringes of the mainstream memory business for decades. They tend to offer fringe benefits that make them attractive for certain, specific applications but are typically stuck with baggage that prevents them from addressing a wider space. A new announcement from IBM suggests MRAM could be moving into larger markets with more customers, courtesy of a new agreement with Everspin.

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August 7, 2018

IBM teams with Everspin on 19TB NVMe SSD utilizing MRAM

What just happened? IBM is turning to magnetoresistive random access memory (MRAM) write caches for its next generation of FlashSystem storage devices, moving away from traditional capacitor-backed DRAM.

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August 6, 2018

Everspin Demonstrates MRAM Leadership at MRAM Developer Day and Flash Memory Summit

Chandler, AZ, August 6, 2018 — Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of discrete and embedded MRAM, will be demonstrating innovative technologies at two key memory industry events this week in Santa Clara, CA., MRAM Developer Day and Flash Memory Summit.

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July 26, 2018

Everspin to Host Second Quarter 2018 Earnings Call on August 8

Chandler, AZ, July 26, 2018— Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of discrete and embedded MRAM, will review its second quarter 2018 financial results after market close on Wednesday, August 8, 2018. Kevin Conley, President and CEO, and Jeff Winzeler, CFO, will host a conference call at 5:00 p.m. Eastern Time to discuss the Company’s financial results.

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May 30, 2018

Everspin to Present at the Stifel Cross Sector Insight Conference on June 12

Chandler, AZ, May 30, 2018 — Everspin Technologies, Inc.(NASDAQ: MRAM), the world's leading developer and manufacturer of discrete and embedded MRAM, today announced that Jeff Winzeler, CFO, will present at the Stifel Cross Sector Insight Conference to be held at the InterContinental Hotel in Boston, MA. Management is scheduled to present at 8:35 a.m. ET on Tuesday, June 12, 2018 and will be available to meet with investors throughout the day.

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May 16, 2018

Everspin to Participate at the Cowen TMT Conference on May 31

Chandler, AZ, May 16, 2018 — Everspin Technologies, Inc.(NASDAQ: MRAM), the world's leading developer and manufacturer of discrete and embedded MRAM, today announced that Jeff Winzeler, CFO, will participate at the Cowen 46thAnnual Technology, Media and Telecom Conference on Thursday, May 31, 2018 at the Lotte New York Palace Hotel and will be available to meet with investors all day. 

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May 9, 2018

Everspin Reports First Quarter 2018 Financial Results

Chandler, AZ, May 9, 2018 — Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of discrete and embedded MRAM, today announced financial results for the first quarter ended March 31, 2018. 

First Quarter Highlights 

  • Record total revenue of $14.9 million, including $5.5 million of licensing, royalty, and other revenue
  • Gross margin for the quarter was a record 67%, primarily driven by licensing revenue
  • Everspin’s partner, SMART Modular Technologies, completed product qualification and began shipping its nvNITRO accelerator card featuring MRAM technology
  • Ended the quarter with cash balance of $33.9 million, compared to $13.0 million last quarter, reflecting the successful secondary offering in February 

 

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May 1, 2018

SMART Modular Shipping nvNITRO NVMe Accelerator Card Featuring MRAM Technology

NEWARK, Calif., May 01, 2018 (GLOBE NEWSWIRE) -- SMART Modular Technologies, Inc., a subsidiary of SMART Global Holdings, Inc., (NASDAQ:SGH), and a leader in specialty memory, storage and hybrid solutions including memory modules, Flash memory cards and other solid state storage products, today announced that it has begun shipping its nvNITRO Accelerator Card featuring MRAM technology. SMART has partnered with Everspin Technologies, Inc. (NASDAQ:MRAM), the world's leading developer and manufacturer of discrete and embedded magnetoresistive random access memory (MRAM), to launch the new Spin-transfer Torque MRAM (STT-MRAM)-based nvNITRO Accelerator Card. The nvNITRO is ideally suited for the most demanding transaction logging applications and, along with enhanced performance features, is designed with plug-and-play capability requiring no changes to system hardware, memory reference, bios or file systems.

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