MicromemMicromem raised $340,000 CADMicromem announced today that they have raised $340,000 Canadian in a private placement.
Micromem's MRAM product is fully packaged and being tested
Micromem Raises $375,000 in a Private Placement
They will use the proceeds from the offering for general working capital purposes.
Micromem - MRAM RFID samples will be available by end of December
Micromem also says that BAE Systems has completed manufacturing of Micromem's wafers. BAE's initial products will also be delivered during December. BAE makes both MRAM arrays and Magnetic Sensors based on Micromem's tech.
Micromem ships first production level hall sensors for client testing
BAE Systems to Develop Nano-Sensor Technology in Agreement with MicromemAs a foundry and business development partner with Micromem Applied Sensor Technologies, BAE Systems’ Microelectronics Center in Nashua, New Hampshire, will further develop Micromem designs and manufacturability for advanced magnetic random-access memory (MRAM) products. The goal is to bring the designs to maturity and begin production of gallium arsenide-based nano-sensors that offer features such as very high-speed and low-power capability, radiation-hardness, and overall robustness.
Micromem projects revenue from early pilot orders for magnetic sensors in 2008
|
Popular stories: |