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 soon launch 1 Gbit STT-MRAM chips. Everspin offers Toggle-MRAM, STT-MRAM and pMTJ STT-MRAM chips.

In October 2016 Everspin became a public company following a successful $40 million IPO.

Company Address: 
1347 N. Alma School Road, Suite 220
Chandler, AZ 85224
United States
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The latest EverSpin news:

GlobalFoundries starts producing eMRAM solutions, first customer tape-outs by the end of 2020

GlobalFoundries announced that it has delivered the first production-ready eMRAM on its 22FDX platform for IoT and automotive applications. The company says that its advanced eMRAM provides a "cost-effective solution for low-power, non-volatile code and data storage applications".



22FDX eMRAM vs 28nm eFLASH Value Proposition (GlobalFoundries)

GF says that it has entered production and is working with several clients with multiple production tape-outs scheduled in 2020. GF's eMRAM is designed as a replacement for high-volume embedded NOR flash (eFLASH). GF says that its eMRAM has passed five rigorous real-world solder reflow tests, and has demonstrated 100,000-cycle endurance and 10-year data retention across the -40°C to 125°C temperature range. The FDX eMRAM solution supports AEC-Q100 quality grade 2 designs, with development in process to support an AEC-Q100 quality grade 1 solution next year.

Everspin announced a restructuring plan to reduced expense and achieve breakeven in 2020

Everspin Technologies announced that the company will undergo a restructuring plan designed to reduce annual operating expenditures and achieve quarterly cash flow breakeven this year. At the end of January the company will reduce its headcount - an approximately 15% reduction of the workforce.

Everspin also announced that it reaffirms its Q4 2019 revenue guidance of $9.3 million to $9.7 million.

Everspin announces its Q3 2019 financial results

Everspin Technologies announced its financial results for Q3 2019 - with revenues of $9.2 million (down from $11.5 million in Q3 2018) and a net loss of $3.7 million (down from $5.6 million in Q3 2018). Everspin says that it achieved record STT-MRAM revenues.

Everspin Technologies chip photo

At the end of the quarter, Everspin had $14.8 million in cash and equivalents. For the next quarter, it expects revenues to be between $9.3 million and $9.7 million.

Everspin expands its toggle-MRAM product portfolio, now offers 32Mb devices

Everspin Technologies announced that it has expanded its Toggle MRAM product portfolio, adding 2Mb, 8Mb and 32Mb capacities. Everspin's previous largest capacity Toggle MRAM was 16Mb, so the company now offers double the capacity to enable applications such as configuration storage, setup and data logging in embedded systems and more.

Everspin 128Kb automotive MRAM photo

Everspin's new 8Mb and 32Mb memory devices are currently sampling and production will begin in Q1 2020. The 2Mb device will start sampling by the end of 2019, and production will also begin in Q1 2020.

Everspin and Seagate announce an IP patent assignment and licensing agreement

Everspin Technologies announced that it has signed an IP cross-licensing agreement with Seagate Technology. Everspin will license specific Tunneling Magnetoresistance (TMR) patents to Seagate, while Seagate will license MRAM patents to Everspin.

Everspin says its IP portfolio is now stronger which will provide further protection to for its products and services, while Seagate will gain license to TMR IP which can be used in HDD head technology.

IBM to use Everspin's 1Gb STT-MRAM in its next-gen FlashCore modules

In August 2018 IBM announced that it adopted Everspin's 256Mb STT-MRAM chips in its enterprise SSD FlashSystem. Now IBM announced that it's latest FlashCore modules will use Everspins 1Gb STT-MRAM chips.


Using MRAM instead of DRAM memory enabled IBM to remove the relatively large supercapacitors (used to make the DRAM non-volatile) and so the company was able to reduced the size of its drives and switch to a standard 2.5-inch U.2 drive form factor.

Cadence to offer design and verification support for Everspin's 1Gb STT-MRAM

Everspin Technologies announced that Cadence Design is now providing DDR4 Design IP (DIP) and Verification IP (VIP) support for Everspin’s 1 Gb STT-MRAM memory. Cadence has supported Everspin's STT-MRAM products since 2012. Everspin customers will now be able to request 1Gb MRAM-enabled IP and VIP for their Custom ASIC solutions.

Everspin’s 1 Gb STT-MRAM product family includes both 8bit and 16-bit DDR4 compatible (ST-DDR4) interface versions of the device and are available in a JEDEC-compliant BGA package.

Sage Microelectronics to add native support for Everspin's 1Gb STT-MRAM

Everspin Technologies announced a partnership with Sage Microelectronics Corporation under-which Sage will provide native support for Everspin's 1Gb STT-MRAM memory in its Enterprise Grade Flash memory controller.

Everspin 1Gb STT-MRAM chip photo

Sage provides cutting-edge, enterprise-class controllers for industries including, aerospace, automotive, industrial and data center storage solutions, offering SSD storage solutions and also delivering high-performance RAID/Port-Multiplier controllers.

Phison Electronics to add native support for Everspin's 1-Gb STT-MRAM in its next-gen SSD controller lineup

Everspin Technologies announced that Phison Electronics Corp. will provide native support for Everpsin's 1 Gb STT-MRAM memory in its next generation enterprise SSD controller lineup. Everspin says that its MRAM technology, added to Phison's controllers, will enable storage system designers to increase the reliability and performance of systems where high-performance data persistence is critical. MRAM will enable protection against power loss without the use of batteries or supercapacitors.

Phison Electronics ships over 600 million NAND flash controllers annually.

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