Everspin Announces Contract to Provide MRAM Technology for Strategic Radiation Hardened FPGA
July 24 2024 - 6:14PM
Business Wire
This contract is part of the third tranche of
the $5.26 Million Strategic Radiation Hardened Contract awarded to
QuickLogic
Everspin Technologies, Inc. (NASDAQ: MRAM), the world’s leading
developer and manufacturer of Magnetoresistive Random Access Memory
(MRAM) persistent memory solutions, today announced a new strategic
contract with QuickLogic Corporation (NASDAQ: QUIK).
“Everspin is pleased to continue its collaboration with its
partners QuickLogic and Honeywell to integrate MRAM directly into
the FPGA product to support the DoD,” said Sanjeev Aggarwal,
President Technologies and CEO of Everspin Technologies. “This
project builds upon over 12 years of Everspin’s experience in
delivering MRAM IP for strategic radiation hardened and space
applications.”
Under the contract, Everspin will provide its innovative AgILYST
MRAM technology, logic design, and back end of line manufacturing
services to advance the development and demonstration of a
Strategic Radiation Hardened (SRH) high-reliability Field
Programmable Gate Array (FPGA) technology. This initiative supports
both current and future Department of Defense (DoD) strategic and
space system requirements. The contract with Everspin Technologies
is valued at approximately $1.8 million.
About Everspin Technologies
Everspin Technologies, Inc., is the world’s leading provider of
Magnetoresistive RAM (MRAM). Everspin MRAM delivers the industry’s
most robust, highest-performance, non-volatile memory for
Industrial IoT, Data Centers, and other mission-critical
applications where data persistence is paramount. Headquartered in
Chandler, Arizona, Everspin provides commercially available MRAM
solutions to a large and diverse customer base. For more
information, visit www.everspin.com.
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