Everspin Signs Contract to Provide MRAM IP, Design and Manufacturing Services for Strategic Radiation Hardened FPGA Technology.
October 19 2022 - 8:03PM
Business Wire
Everspin Technologies, Inc. (NASDAQ:MRAM), the world’s leading
developer and manufacturer of Magnetoresistive Random Access Memory
(MRAM) persistent memory solutions, has signed a contract to
provide MRAM technology, design, and back end of line manufacturing
services with QuickLogic Corporation (NASDAQ:QUIK). The initial
award is potentially valued at $2.8M, with subsequent options
bringing the total to approximately $8.7M. This is part of an award
to develop and demonstrate Strategic Radiation Hardened (SRH), high
reliability Field Programmable Gate Array (FPGA) technology to
support identified and future Department of Defense (DoD) strategic
and space system requirements. This project is sponsored by DoD’s
Trusted and Assured Microelectronics (T&AM) Program.
Everspin MRAM IP and technology have been utilized for over 10
years in strategic radiation hardened and space applications.
Everspin will extend its traditional market of discrete MRAM
designs by collaborating with QuickLogic and integrating MRAM
directly into the FPGA product. “Spin-transfer Torque MRAM
technology is an ideal candidate for radiation hard FPGA devices
due to its persistence and inherent radiation immunity,” said
Sanjeev Aggarwal, President & CEO of Everspin. “We are excited
to work with the other partners on this program to develop
reconfigurable, FPGA technology for use in harsh environments.”
“QuickLogic is pleased to collaborate with Everspin,” said Brian
Faith, President & CEO of QuickLogic. “Everspin’s demonstrated
heritage in providing robust MRAM technology and products makes
them an ideal company to partner with for such a critical
project.”
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20221019006193/en/
Joe O’Hare T: (512)975-6669 E: joe.ohare@everspin.com
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