News Stories and Press Releases

Chandler, AZ, March 29, 2017 — Everspin Technologies, Inc., the leading provider of MRAM solutions, today announced that Kevin Conley, former CTO of SanDisk, Corp., and Mike Gustafson, former Chairman and CEO of Virident Systems, have been elected to Everspin’s Board of Directors. Bob England, who has served on Everspin’s board since July 2009, will be retiring in May 2017.

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Beginning in the late 1960s you could bet that every 18 to 24 months the number of transistors on a semiconductor would double while its cost fell 50%. Now that predictable pattern -- dubbed Moore's Law -- is no more.

Does that mean the companies that used to follow Moore's Law -- such as Intel, Qualcomm, and Western Digital (I have no financial interest in the companies mentioned in this post) -- are fated to a future of mediocrity? Or can they build or buy their way to faster growth?

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Everspin has a fairly robust market for its first-generation products—the company also announced that JAG Jakob, which makes process control systems for pharmaceuticals and biotech facilities, is using its 16Mb MRAM. However, the market for the higher density ST-MRAM devices is still evolving.

“There is always some type of market adoption rate for new technology,” said Joe O’Hare, Everspin’s director of product marketing. “But we’ve been making very good progress here.”

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Everspin has shipped over 60 million MRAM chips in the last eight years. So why haven't you heard of them?

MRAM is a different type of nonvolatile memory, with unlimited durability, good speed - 35nsec reads and writes - 20+ years of data durability, lower power consumption than flash, byte addressability, and the ability to endure extreme temperatures. It also costs much more than flash. As such it has found a ready market in embedded systems where reliability and ruggedness are paramount, like automotive, military and industrial applications.

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Non-volatile memory outfit Everspin's popped some of its Spin Torque MRAM onto a PCIe card in the hope system builders get excited about a new tier of memory. Or is it a new tier of storage?

The first of the new “nvNITRO E” range will be a half-height, half-length PCIe card that can operate as an NVMe solid state disk, or as memory mapped IO (MMIO).

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Everspin unveils a new low latency, PCIe NVMe card based on Spin Torque MRAM

Chandler, AZ, March 8, 2017 — Everspin Technologies, Inc., the leading provider of MRAM solutions, today announced its nvNITRO™ line of storage accelerators which delivers extremely fast read and write times with ultra-low latency. Everspin is introducing initial capacities of 1 Gigabyte and 2 Gigabyte of Spin Torque MRAM today, based on its 256Mb DDR3 ST-MRAM. 

Capacities from 4 Gigabyte up to 16 Gigabytes will be available later in this year utilizing Everspin’s 1 Gigabit DDR4 ST-MRAM. The nvNITRO™ ES1GB and ES2GB operate at a blazing 1,500,000 IOPS with 6 microsecond end-to-end latency. They are offered in a half-height, half-length (HHHL) PCIe card with two access modes: NVMe SSD and memory mapped IO (MMIO). 

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JAG employs Everspin MRAM throughout their PdiCSTM Process Control Systems line

Chandler, AZ, March 8, 2017 — Everspin Technologies, Inc., and JAG Jakob Ltd. have announced that Everspin’s MR4A16B 16Mb MRAM is being used in JAG’s PdiCSTM Process Control Systems, boosting productivity by making process equipment more efficient. Complex and high value industrial production processes, like the ones commonly encountered in biotech and pharmaceutical markets, require high availability process control systems to maximize production throughput. JAG chose Everspin’s 16Mb MRAM in their PdiCSTM family to meet the needs of these demanding production processes which have up to 20-year lifetimes with constant 24/7 uptime.

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Everspin establishes DDR3 and DDR4 compatibility with its Spin Torque MRAM and Xilinx’s UltraScale FPGA DRAM memory controller.

Chandler, AZ, March 8, 2017 — Everspin Technologies, Inc., as the leading provider of MRAM solutions, today announced compatibility for its Spin Torque MRAM memory and Xilinx’s UltraScale™ FPGAs. Everspin is providing its customers a software script that modifies the existing Xilinx Memory Interface Generator (MIG) DDR3 DRAM controller to make it compatible with its 256 Megabit DDR3 ST-MRAM memory that is available now and will do the same for the 1 Gigabit DDR4 ST-MRAM by June of this year.

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JAG employs Everspin MRAM throughout their PdiCSTM Process Control Systems line

Chandler, AZ, March 8, 2017 — Everspin Technologies, Inc., and JAG Jakob Ltd. have announced that Everspin’s MR4A16B 16Mb MRAM is being used in JAG’s PdiCSTM Process Control Systems, boosting productivity by making process equipment more efficient. Complex and high value industrial production processes, like the ones commonly encountered in biotech and pharmaceutical markets, require high availability process control systems to maximize production throughput. JAG chose Everspin’s 16Mb MRAM in their PdiCSTM family to meet the needs of these demanding production processes which have up to 20-year lifetimes with constant 24/7 uptime.

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Chandler, AZ, February 23, 2017 — Everspin Technologies, Inc., (Nasdaq:MRAM), the world's leading developer and manufacturer of discrete and embedded Magnetoresistive Random Access Memory (MRAM), today announced that the company will participate in the 29th Annual Roth Conference on Monday, March 13 in Dana Point, CA. Webcast information for the company’s March 13 presentation at 4:00 p.m. Pacific Time is available on the Investor Relations section of Everspin’s website.

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