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.