In October 2008, I had the chance of interviewing Vincent Chun from Spin Transfer Technologies. Vincent Chun is the executive in charge at Spin Transfer Technologies. He is also a Director of Allied Minds, the investment firm that provided pre-seed funding for STT. Dr. Chun has 23 years of experience in science, technology, and corporate and entrepreneurial business management. He has a Ph.D. from MIT and an MBA from Kellogg. Spin Transfer Technologies was jointly formed by Allied Minds and New York University, using technology developed by Dr. Andrew Kent at NYUâs Physics Department.
* Can you explain your STT-MRAM technology?
Spin Transfer Technologiesâ MRAM innovation utilizes a deterministic mechanism to rotate the magnetization vector of a free magnetic layer. This is made possible by using an orthogonal orientation between the magnetization of the pinned and free magnetic layers. Because the magnetization reversal mechanism does not rely on thermodynamic processes to initiate the switching, there is no incubation delay â and the switch time is very short, while the power consumption is very small compared to spin-transfer techniques used by others. We call our technology Orthogonal Spin Transfer MRAM or OST-MRAM for short.
* How many people work in STT currently?
Eight people are involved in STT activities at the moment.
* What is your plan? Do you want to license your IP, or perhaps try to make the chips yourself or with a partner?
We plan to make the chips with one or more partners, but will certainly be open to licensing the technology as well.