Everspin Announces That Rimac Technology Has Selected Its 256Kbit MRAM For Their All-Electric Nevera Sports Car
November 30 2022 - 7:00AM
Business Wire
Everspin Technologies, Inc. (NASDAQ:MRAM), the world’s leading
developer and manufacturer of Magnetoresistive Random Access Memory
(MRAM) non-volatile solutions, has announced that Rimac Technology
has selected its 256 Kilobit MRAM for use in the innovative
all-electric Nevera hypercar, an elite sports vehicle produced by
sister company Bugatti-Rimac.
Everspin believes the adoption of its MRAM technology in the
Nevera model is a strong endorsement of the value of persistent,
non-volatile memory that does not have the traditional wear-out
problems associated with alternative memory technologies. “We are
very excited to have been designed into the Rimac all-electric
vehicles. Our MRAM products are ideal for the growing EV market in
which critical system parameters are collected from multiple points
and must be captured reliably,” said David Schrenk, Vice President
of Sales and Business Development at Everspin Technologies.
“The robustness of the Everspin MRAM has given Rimac the
confidence needed to adopt it in the highest performance
all-electric hypercar in the world,” said Marin Vidas, Embedded
Hardware Development Manager of Rimac Technology. “We are pleased
to see Everspin become a trusted supplier as we launch the Nevera
model.”
The MR25H256AMDF 256Kb MRAM device is well suited for automotive
applications and is qualified to the AEC-Q100 Grade 1 standard for
use in demanding memory applications that require extreme
reliability in critical data capturing systems.
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 Center, Automotive, 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. NASDAQ: MRAM.
Cautionary Statement Regarding Forward-Looking
Statements
Statements in this press release relating to future events or
results are forward-looking statements that involve risks and
uncertainties that could cause actual results or events to differ
materially from the expectations disclosed in the forward-looking
statements. Actual results could differ materially from these
forward-looking statements as a result of certain risks and
uncertainties, including, without limitation, the risks set forth
under the caption “Risk Factors” in Everspin’s Annual Report on
Form 10-K for the year ended December 31, 2021 filed with the SEC
on March 3, 2022, and Everspin’s Quarterly Report on Form 10-Q for
the quarter ended September 30, 2022 filed with the SEC on November
10, 2022, as well as in Everspin’s subsequent filings with the SEC.
Any forward-looking statements made by Everspin in this press
release speak only as of the date on which they are made and
subsequent events may cause these expectations to change. Everspin
disclaims any obligations to update or alter these forward-looking
statements in the future, whether as a result of new information,
future events or otherwise, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20221130005177/en/
Joe O’Hare T: 512-975-6669 E: joe.ohare@everspin.com
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