Everspin Technologies

Everspin Technologies has entered into an initial 10-year agreement with Microchip Technology to expand on-shore manufacturing capacity for MRAM and TMR sensor products at a Microchip fabrication facility in Oregon.

Everspin Technologies has signed a strategic contract with Frontgrade Technologies to provide PERSYST MRAM technology and manufacturing services for a Strategic Radiation Hardened eMRAM macro, with the first phase valued at $1.25 million and total value up to $9.25 million.

Everspin announced a $9.25 million contract with Frontgrade Technologies to provide PERSYST MRAM technology, logic design, and back-end-of-line manufacturing services for a strategic radiation hardened eMRAM macro.

Everspin Technologies has agreed to provide MRAM technology, design and manufacturing services to QuickLogic Corp. for a US$2.8 million contract (with options up to $8.7 million) to develop strategic radiation hardened FPGAs, sponsored by the DoD's T&AM Program.

QuickLogic has been awarded a $6.9 million base contract by the U.S. Army Contracting Command to develop strategic radiation hardened FPGA technology for the Department of Defense. The contract includes options totaling up to $72 million over multiple years. The announcement was made on September 8, 2022.

Everspin Technologies entered into a multi-year partnership with SilTerra to create additional manufacturing capacity for Toggle MRAM products at SilTerra's facility in Kulim, Malaysia. Initial production is expected to start in calendar year 2020.