STT-MRAM developer Avalanche Technology announced that it began to sample STT-MRAM chips. Avalanche's proprietary perpendicular magnetic tunnel junction (pMTJ) cells are manufactured in a high volume, low cost, standard CMOS 300mm process.
Those first sample chips are 32Mbit and 64Mbit in size, and offer an industry-standard SPI interface built on a 55nm-node foundry process. Avalanche is also offering its STT-MRAM technology (which they brand as AvRAM) under license as embedded memory for integrated SOC designs.
Avalanche reported several new key patents awarded since the beginning of 2014. The company was founded in 2006 to develop patented Spin Programmable STT-MRAM (SPMEM) memory that uses a revolutionary proprietary spin current and voltage switching technology. The company wants to license their technology for embedded applications and also build discrete standalone memory devices. In July 2012 the company raised $30 million.