April 2008

Micromem projects revenue from early pilot orders for magnetic sensors in 2008

Micromem Technologies is pleased to announce that it is fully engaged and conducting business development work in two foundries in the United States. The company expects to enter into a third foundry contract by Q3 2008. Joseph Fuda, the company’s CEO, stated, “With our potential clients beginning to validate our technology and moving towards specific productization  plans for their product lines, it is imperative that we continue to have full access to foundry operations. This will ensure the process of moving from constant innovation to product revenue is accelerated.”

The company has begun manufacturing its magnetic sensors for potential commercial clients. This work is currently underway in the Global Communications Semiconductor (GCS) foundry in Torrence, California. The company expects to deliver the first packaged magnetic sensors for evaluation and characterization some time this summer and anticipates generating sales from these pilot projects. GCS performed exceptionally well in the early productization phase and the management will continue this partnership as it brings sensors and memory arrays to market.

With the productization process fully underway with its partners, Micromem has focused its attention to business development. Management is pursuing licensing revenue and direct revenue from sales and marketing channels for its memory and sensor devices. In a similar vein the company will begin to deliver MRAM memory arrays packaged for specific market place evaluation by Q3 2008.

Joseph Fuda states, “We are now actively responding to and submitting proposals for both commercial and government sectors for memory and sensor applications. The interest that we  have seen for sensors has been incredible and we expect this to be a very exciting and profitable sector for our patented technology. It is important to note this initial project is for a potential client in the sensor market only and is independent of the company’s memory initiatives.”

Read the full story Posted: Apr 24,2008

IBM shows New racetrack memory technology

In two papers published in the April 11 issue of Science, IBM Fellow Stuart Parkin and colleagues at the IBM Almaden Research Center in San Jose describe both the fundamentals of a technology dubbed "racetrack" memory as well as a milestone in that technology. This milestone could lead to electronic devices capable of storing far more data in the same amount of space than is possible today, with lightning-fast boot times, far lower cost and unprecedented stability and durability.

Within the next ten years, racetrack memory, so named because the data "races" around the wire "track," could lead to solid state electronic devices - with no moving parts, and therefore more durable - capable of holding far more data in the same amount of space than is possible today. For example, this technology could enable a handheld device such as an mp3 player to store around 500,000 songs or around 3,500 movies - 100 times more than is possible today - with far lower cost and power consumption. The devices would not only store vastly more information in the same space, but also require much less power and generate much less heat, and be practically unbreakable; the result: massive amounts of personal storage that could run on a single battery for weeks at a time and last for decades.

For nearly fifty years, scientists have explored the possibility of storing information in magnetic domain walls, which are the boundaries between magnetic regions or "domains" in magnetic materials. Until now, manipulating domain walls was expensive, complex, and used significant power to generate the fields necessary to do so. In the paper describing their milestone, "Current Controlled Magnetic Domain-Wall Nanowire Shift Register," Dr. Parkin and his team describe how this long-standing obstacle can be overcome by taking advantage of the interaction of spin polarized current with magnetization in the domain walls; this results in a spin transfer torque on the domain wall, causing it to move. The use of spin momentum transfer considerably simplifies the memory device since the current is passed directly across the domain wall without the need for any additional field generators.

Read more here (Nanotechnology now) 

Read the full story Posted: Apr 11,2008

Shin-Etsu Chemical develops the world's largest-class permanent magnet-type magnetic circuit

Shin-Etsu Chemical has succeeded in developing a large-size magnetic circuit which will be the world's largest-class permanent magnet-type magnetic circuit. Its total weight is about 10 tons, and it will be used mainly in manufacturing-process applications, such as for the making of next-generation MRAM semiconductors and MR (Magneto Resistive) sensors.

For the manufacturing of MRAMs, heat treatment in a magnetic field is essential, and in that process, generation of a very large magnetic field of more than 1 tesla is required. So far, electromagnets and superconducting magnets have been used for this purpose. However, recently many semiconductor manufacturers are adopting permanent magnet-type magnetic circuits because of their good magnetic-field performance and magnetic-field stability, as well as the fact that these permanent magnet-type magnetic circuits have the advantage of being power-saving and maintenance-free. At the same time, with the trend in recent years toward larger-diameter silicon wafers, the need for these types of larger magnetic circuits has been increasing.

Shin-Etsu Chemical has been manufacturing various large-size magnetic circuits using its rare earth magnets. With its total weight of about 10 tons, cylindrical shape of 1.4-meter diameter and height of 1-meter, the new type of magnetic circuit that Shin-Etsu has now developed is the world's largest-class permanent magnet-type magnetic circuit that generates a strong magnetic field. This magnetic circuit is being introduced ahead of other companies worldwide for application in the processing of 300mm wafers.
Read the full story Posted: Apr 10,2008

Hynix licenses Grandis' STT-RAM technology

Hynix Semiconductor and Grandis have signed a license agreement for memory products involving Grandis' patents and intellectual property (IP) in the spin-transfer torque random access memory (STT-RAM) arena.

Hynix and Grandis have also entered into a collaborative agreement to jointly integrate Grandis' STT-RAM technology into Hynix' future memory products. Technical teams from both companies will work together to implement Grandis' STT-RAM technology, including magnetic tunnel junction (MTJ) materials and structures.

Read the full story Posted: Apr 02,2008

BAE Systems to productize Micromem's patented technology

Micromem Technologies is pleased to announce that BAE Systems, the premier global defense and aerospace company, is in the process of transferring the Micromem's MRAM and sensor technology to its Nashua New Hampshire foundry facility. BAE Systems plans to complete the productization of Micromem's technology over the coming months. The focus is for the planned integration of Micromem's patented technology into the BAE Systems military platforms and product pipeline.

Micromem's patented submicron nano-sensor technology can enable and enhance highly accurate magnetometers and "over-the-horizon" threat detection solutions for application in homeland security and defense force protection. The technology is also applicable in enabling solutions in many other areas such as providing early detection and "pre-failure" weak-parts/defect identification in product manufacturing. The intrinsic low-power characteristics of Micromem's technology lend itself to numerous new applications as well as suitability into harsh environments such as those experienced in the aerospace and automotive sector.

Joseph Fuda, President and CEO stated, "This partnership is the ultimate technical validation that Micromem has been looking for. To partner with a global leader such as BAE Systems is the ideal situation for Micromem and the successful productization of our technology. The vast array of applications that BAE Systems can facilitate through its client base will fundamentally change the face of the company and its future."
Read the full story Posted: Apr 01,2008