Micromem (OTCMKTS:MMTIF) develops magnetic-based sensors, based on spintronics technologies.

The company used to develop MRAM devices, but it seems that it is now entirely focused on its sensors business.

Company Address: 
121 Richmond Street
Toronto, ON M5H 2K1
Company Geofield: 

The latest Micromem news:

Micromem - MRAM RFID samples will be available by end of December

Micromem reports that their MRAM RFID samples will be available by the end of the month. The MRAM arrays are manufactured by Global Communications Semiconductor, and are currently undergoing full performance testing.

Micromem also says that BAE Systems has completed manufacturing of Micromem's wafers. BAE's initial products will also be delivered during December. BAE makes both MRAM arrays and Magnetic Sensors based on Micromem's tech.

Micromem ships first production level hall sensors for client testing

Micromem Technologies is pleased to announce the first production level shipments of its patented magnetic sensor which is based on the Hall Effect. The sensors have been produced in traditional package configuration and are being distributed to key clients for field evaluation. This is an integral component of the company's MRAM product line.

BAE Systems to Develop Nano-Sensor Technology in Agreement with Micromem

BAE Systems, under an agreement with Micromem, will co-produce nano-sensor technology that will leverage both companies expertise for use in military, commercial, and homeland security applications.

As a foundry and business development partner with Micromem Applied Sensor Technologies, BAE Systems Microelectronics Center in Nashua, New Hampshire, will further develop Micromem designs and manufacturability for advanced magnetic random-access memory (MRAM) products. The goal is to bring the designs to maturity and begin production of gallium arsenide-based nano-sensors that offer features such as very high-speed and low-power capability, radiation-hardness, and overall robustness.

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.”

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 looks to enhance its memory offerings with recently filed patents for silicon germanium and silicon designs

Micromem Technologies is pleased to announce the company has significantly enhanced its product offering as a result of the foundry success with its MRAM design. With the success of the GaAs version the company can now look to enhance its memory offerings with recently filed patents for silicon germanium and silicon designs. Micromem plans to announce market release dates for each memory option in the future. The company’s sales and marketing effort is now being divided between MRAM and sensors.

Micromem also announces that its foundry success has enabled the company to explore the lucrative magnetic sensor market. The ultra low power, high sensitivity Hall cross sensor, is a strategic component of the non-volatile random access memory design. Based on business development contacts and sharing foundry results with key verticals, Micromem has now expanded its portfolio into the following key markets:

Micromem Technologies Inc. Announces a High Density Array Magnetic Anomaly Sensor Development Plan

Micromem Technologies is pleased to announce its Magneto-resistive random access memory (MRAM) is a highly probable candidate for the  universal memory, characterized mainly by high speed (read/write), high density and non-volatility. Micromem has designed a new process architecture for MRAM. We are pleased to announce that our foundry tests have demonstrated a number of valuable advantages for a magnetic-based sensor and memory device: including high sensitivity, thermal stability and simplicity and low cost manufacturing.