Everspin Technologies Inc. (E5N)
XDUS 
Summary
E5N Chart
Everspin Tech Targets NOR Flash, Data Center Growth With High-Density MRAM
Everspin Tech NASDAQ: MRAM outlined its growth strategy in magnetic random-access memory, or MRAM, citing expanding demand from industrial automation, aerospace, data centers and higher-density replacements for NOR flash memory.
Everspin Tech Targets $100M Revenue by 2029 With MRAM Expansion, Foundry Push
Everspin Tech NASDAQ: MRAM outlined plans to expand its MRAM memory product portfolio, manufacturing footprint and revenue base during an Oppenheimer presentation, with management targeting more than $100 million in annual revenue by fiscal 2029.
Everspin Technologies, Inc. (MRAM) Q2 2026 Earnings Call Transcript
Everspin Technologies, Inc. (MRAM) Q2 2026 Earnings Call Transcript
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Everspin Technologies Inc. Profile
| Semiconductors & Semiconductor Equipment Industry | Information Technology Sector | Sanjeev Aggarwal CEO | XDUS Exchange | US30041T1043 ISIN |
| US Country | 85 Employees | - Last Dividend | - Last Split | 7 Oct 2016 IPO Date |
Overview
Everspin Technologies, Inc. is a pioneering company specializing in the development, manufacture, and sale of magnetoresistive random access memory (MRAM) products. With its headquarters based in Chandler, Arizona, the company has expanded its reach beyond the United States, establishing a strong presence in international markets including Japan, Hong Kong, Germany, Singapore, China, and Canada. Founded in 2008, Everspin Technologies has positioned itself as a key player in the MRAM industry, providing innovative solutions across various sectors such as industrial, medical, automotive/transportation, aerospace, and data center markets. The company's market strategy includes targeting original equipment manufacturers, contract manufacturers, and original design manufacturers, leveraging a combination of direct sales channels and a network of representatives and distributors to effectively reach its customers.
Products and Services
Everspin Technologies, Inc. offers a diverse portfolio of products and services designed to meet the evolving needs of the digital storage industry:
- Toggle MRAM: A type of non-volatile memory that leverages magnetic properties to store data. Unlike traditional RAM, Toggle MRAM retains information even without power, making it ideal for applications requiring high durability and data integrity.
- Spin-Transfer Torque MRAM (STT-MRAM): An advanced version of MRAM, this product utilizes spin-transfer torque technology to enhance performance. STT-MRAM offers faster write speeds and higher endurance, suitable for both embedded and standalone memory applications.
- Tunnel Magneto Resistance Sensor Products: These sensors exploit the tunnel magneto resistance effect to detect magnetic fields. They are commonly used in various sensing applications, including industrial, automotive, and consumer electronics, due to their high sensitivity and reliability.
- Foundry Services for MRAM products: Beyond its product offerings, Everspin Technologies also provides MRAM foundry services. This enables other companies to leverage Everspin's expertise and manufacturing capabilities to produce their own MRAM-based products, fostering innovation and growth within the industry.
