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Everspin given $14.55m continue on-shore MRAM manufacturing

Everspin awarded $14.55m

Everspin Technologies, Inc., the developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) solutions, has received a strategic award to develop a comprehensive plan for providing manufacturing services tailored to the aerospace and defence sectors.

This initiative focuses on ensuring a secure and reliable MRAM manufacturing supply chain.

Sanjeev Aggarwal, President and CEO of Everspin Technologies, commented: “Everspin is pleased to provide continuous on-shore MRAM capability to its aerospace and defence customers. Our MRAM manufacturing technology is front-end CMOS agnostic, allowing both our customers and Everspin to select the optimal CMOS wafers from a FAB of choice.”


Everspin’s manufacturing facility in Chandler, Arizona, will continue to play a critical role in meeting both current and future strategic needs for the Department of Defense (DoD) as well as commercial space systems. The award, which is valued at $14.55 million, will be executed over a 2.5-year period, reinforcing Everspin’s commitment to supporting the aerospace and defence industries with advanced MRAM solutions.

Managing Editor
Paige Hookway is the Managing Editor of Procurement Pro, where she brings over a decade of industry experience to shaping insightful, engaging, and forward-thinking content for the global electronics community. After graduating from the University of Greenwich with a 2:1 in English Literature, Paige blended her love of storytelling with a deep curiosity for technology – carving out a career that champions both innovation and the people behind it. Across her 10+ years in the sector, Paige has developed a strong reputation for uncovering emerging trends, translating complex concepts into accessible insights, and spotlighting the voices shaping the future of engineering. She is particularly passionate about encouraging the next generation of engineers and elevating women in tech narratives that inspire, empower, and drive meaningful change. When she’s not immersed in the latest engineering developments, Paige can be found wrapped up in a blanket with a cup of tea and a good book.