Micromem Technologies, a Toronto-based developer of magnetic random access memory (MRAM), and Omron Corporation today announces an agreement to investigate viable MRAM technology.
Under the agreement Omron will evaluate the performance and suitability of Micromem's MRAM memory as it relates to Omron's extensive array of RFID products. In the initial phase of the agreement Omron will research and evaluate Micromem's MRAM to determine the suitability of MRAM for commercial applications.
The decision to enter into this technology investigative stage with Micromem is based on the potential that MRAM has for delivering some specific and useful characteristics for RFID products.
Micromem has solved many key problems associated with commercializing MRAM and has key patent filings that solve many common problems often blocking product commercialization. Micromem's unique MRAM technology creates a viable synergy between MRAM applications and products used in radar systems, satellites, sensors and RFID.