EverSpin was spun-off from Freescale in 2008 to handle its MRAM business. Since 2008 Everspin shipped more than 60 million MRAM Chips (discrete and embedded) into data centers, cloud storage, energy, industrial, automotive, consumer, and transportation markets.
Everspin currently produces MRAM and STT-MRAM chips ranging from 128K to 256Mbit, and will launch 1 Gbit STT-MRAM chips. Everspin offers Toggle-MRAM, STT-MRAM and pMTJ STT-MRAM chips.
Ainekko is a startup building an open, software-defined platform for AI infrastructure, offering flexible, modular hardware and tooling.
In early 2026, Ainekko acquired (merged) Veevx, a fabless semiconductor company that develops edge embedded AI solutions and MRAM-based memory innovations. Veevx brands its MRAM as iRAM, and says it delivers high-density, non-volatile memory with SRAM-like performance.
Applied Materials is developing and marketing equipment, services and software for manufacturing of semiconductors, displays and PV products.
In July 2019 Applied Materials launched its Endura Clover MRAM PVD platform for MRAM mass production.
California-based Avalanche Technology is a start up company founded in 2006 to develop patented Spin Programmable perpendicular STT-MRAM (SPMEM) memory that uses a revolutionary proprietary spin current and voltage switching technology that enables lower write current, smaller cell size, higher density and excellent scalability.
Avalanche Technology currently offers STT-MRAM chips up to 64Mb in size, in both discrete and embedded form.
US-based California Memory Technologies Inc, known as Memtech, offers a complete MRAM ecosystem-which includes silicon-proven MRAM Controllers, physical interface (PHY) IPs, software and reference designs.
Memtech uses its proprietary technology to build MRAM enabled Chiplets as drop-in/swap/seamless replacement for Flash, SRAM and EEPROM memories.
Canon ANELVA (ANalysis ELectronics VAcuum) is a fully owned subsidiary of
Canon Inc. that manufactures thin film vacuum processing equipment for semiconductor, data storage, and the display industry.
Canon ANELVA started developing PVD tool for spintronics back in1997, and since then the company's equipment has evolved to accommodate advancements in read head technologies - from GMR to TMR to low-RA TMR. Leveraging its expertise in magnetic thin films, Canon ANELVA started developing PVD and etch equipment for MRAM devices in 2000.
Capres A/S is a Danish company established in 1999 to develop and market a unique probe technology designed for in-line production monitoring in the semiconductor industry. The company was acquired by KLA and is now a wholly-owned subsidiary.
Capres, in collaboration with IBM developed a resistivity measurement technique to characterize MTJ stacks used in HDD read heads and MRAM devices.
Cobham (formerly Aeroflex microelectronic solutions) designs and produces high-reliability ICs, components and systems for several markets including the aerospace and defense ones.
Cobham licensed Everspin's MRAM technology and released its first MRAM chips in 2012. Cobham offers 16Mbit and 64Mbit MRAM chips.
Crocus Nanoelectronics (CNE) was established in 2011 in Russia by Rusnano (as a joint-venture with Crocus Technology, which holds 20% of CNE). CNE is an advanced 300 mm wafer fab for 90/65 nm nodes. The company is no longer in business.
CNE focuses on emerging technology and devices, including non-volatile memories, magnetic sensors, bio-electronic sensors, integrated passive devices, wafer level magnetics and highly engineered semiconductor wafer processing. CNE has its own STT-MRAM project with plans to offer embedded STT-MRAM solutions.
Crocus Technology, headquartered in Grenoble (France) with operations in the US and France, developed spintronics-based technologies.
Crocus used to develop MRAM technology, developed in the Grenoble-based Spintec research center, but in later years Crocus Technology changed its focus on magnetic sensors. The company is no longer in business.
US-based Despatch Industries, established in 1902, is a specialized thermal-processing equipment maker. Despatch is involved in three markets - thermal, solar and carbon fiber. Despatch also offers equipment for the data storage industry.
Despatch installed the world's first 50-wafer fully automated MRAM system at Freescale, in addition to a 300mm 50-wafer thermal chamber.
GlobalFoundries (GF) is one of the world’s leading semiconductor manufacturers with a global footprint. GF was established in 2008 as a spin-off from AMD (which became fabless).
GF is offering embedded MRAM solutions on its 22FDX 22nm platform, based on Everspin's MRAM IP. The company is also developing MRAM solutions for 12 nm processes.
US-based Grandis was established in 2002 to develop STT-MRAM technologies.
Grandis collaborated with Renesas and Hynix, and was acquired by Samsung in 2011 (in what was considered a very successful exit for its investors). Grandis raised $15 million since it was founded in 2002, and also raised about the same from DARPA grants including a $8.6 million second-phase project granted in June 2010.
HFC Semiconductor develops MRAM technology for both stand-alone and embedded applications.
HFC plans to build its own full MRAM production facility.
Honeywell International is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials.
Honeywell is producing and offering MRAM chips, up to 64Mbit. Honewell licensed its MRAM technology from NVE. Honeywell's MRAM devices were designed from the ground-up for the radiation and space environments.
Hprove was established in March 2017 as a spin-off from SPINTEC, with an aim to develop and produce wafer-level testing equipment for magnetic devices. The company developed a unique patented technology of multidimensional magnetic field generator for STT-MRAM and TMR sensors wafer level characterization and testing.
IBM develops and supplies computer hardware, software, services and research. IBM says has produced more research breakthroughs than any other company in the IT industry.
IBM is an MRAM pioneer, collaborating with both Infineon and Samsung. In 2016, IBM and Samsung researchers demonstrated 11 nano-meter STT-MRAM junctions. In 2020, the company unveiled the first 20 nm STT-MRAM node.
Imec is a Belgium-based nanoelectronics research institute with over 2,000 employees and R&D teams in Belgium, Holland, china, Taiwan and India.
One of Imec's research programs is focused on emerging memory technologies. Imec performs STT-MRAM research in collaboration with Tokyo Electron and Canon and have a complete 300-mm STT-MRAM dedicated processing capability.
Infineon designs, develops, manufactures and markets a broad range of semiconductors and complete system solutions targeted at selected industries.
Infineon develops MRAM technologies in collaboration with IBM.
