Press Archive for 2022

November 21, 2022

Everspin Announces Plan to Expand its Domestic MRAM manufacturing operations into the State of Indiana

Everspin is working to build a Trusted manufacturing line in the state of Indiana which would add capacity for Everspin’s Commercial MRAM and increase its capability to act as a foundry for the manufacture of Toggle and STT-MRAM.  Everspin plans to work with the local research community to enhance domestic research for MRAM technology development, creating a Technology Development Center at the proposed Indiana-based location.

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November 2, 2022

Everspin Announces Commercial Availability of Its EMxxLX STT-MRAM Devices

STT-MRAM is the only memory device offering density up to 64Mb, octal interface with 400MB/s bandwidth, and compatibility with the xSPI standard
CHANDLER, Ariz. November 2, 2022 – Everspin Technologies, Inc. (NASDAQ: MRAM), the world’s leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, announced today that its newest, high-density STT-MRAM product family, the EMxxLX, is now commercially available. The EMxxLX technology, announced earlier this year, is the highest-performing persistent memory available today. It is ideal for use in electronic systems where data persistence and integrity, low power, low latency, and security are paramount, such as industrial IoT, network/enterprise infrastructure, process automation and control, aeronautics/avionics, medical, gaming, and FPGA configurations.

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November 1, 2022

Everspin Technologies Joins the Global Semiconductor Alliance

San Jose, Calif. (November 1, 2022) - Everspin Technologies, Inc. is pleased to announce that they have become a member of Global Semiconductor Alliance (GSA), the voice of the global semiconductor industry.

“We are excited to become a member of GSA and look forward to collaborating with industry leaders to support our mutual missions of growth and innovation.” said Sanjeev Aggarwal, President and CEO, Everspin Technologies Inc., “Innovation has been the driver of our successful commercialization of MRAM technology, and we believe that by working with GSA we will foster even broader adoption.”

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October 19, 2022

Everspin Signs Contract to Provide MRAM IP, Design and Manufacturing Services for Strategic Radiation Hardened FPGA Technology

Everspin Technologies, Inc. has signed a contract to provide MRAM technology, design, and back end of line manufacturing services with QuickLogic Corporation.  The initial award is potentially valued at $2.8M, with subsequent options bringing the total to approximately $8.7M.  This is part of an award 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. This project is sponsored by DoD’s Trusted and Assured Microelectronics (T&AM) Program.

Everspin MRAM IP and technology have been utilized for over 10 years in strategic radiation hardened and space applications.  Everspin will extend its traditional market of discrete MRAM designs by collaborating with QuickLogic and integrating MRAM directly into the FPGA product. “Spin-transfer Torque MRAM technology is an ideal candidate for radiation hard FPGA devices due to its persistence and inherent radiation immunity, said Sanjeev Aggarwal, President & CEO of Everspin. “We are excited to work with the other partners on this program to develop reconfigurable, FPGA technology for use in harsh environments.”

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March 2, 2022

Everspin Announces Appointment of New President and CEO

Everspin announced the appointment of Sanjeev Aggarwal as Everspin’s President and Chief Executive Officer (CEO), effective March 14, 2022.  Effective on such date, Darin Billerbeck, Everspin’s Executive Chairman of the Board and Interim CEO will resign as Interim CEO and will continue to serve as Executive Chairman of the Board.  Mr. Aggarwal is also being elected as a member of Everspin’s board of directors, effective March 14, 2022.

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