Everspin Technologies Inc - Company Profile
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Everspin Technologies Inc (Everspin) designs, manufactures, and sells magnetoresistive random-access memory (MRAM) and spin-torque MRAM products. The company’s product portfolio comprises parallel, serial peripheral interface (SPI), quad SPI (QSPI) interfaces, TMR sensors, and radiation hard products. It also offers services including, custom manufacturing, test and assembly services, wafer manufacturing, and foundry services. The company owns and operates an integrated magnetic fabrication line in Chandler, Arizona, and product package and test operation centers in China, Taiwan, and other Asian countries. It distributes products through direct sales channels and through a network of licensed representatives and distributors. Everspin is headquartered in Chandler, Arizona, the US.
Headquarters
United States of America
Address
Suite 130, 5670 West Chandler Boulevard, Arizona, 85226
Website
www.everspin.com
Telephone
1 480 3471111
No of Employees
74
Industry
Technology and Communications
Ticker Symbol & Exchange
MRAM (NASD)
Revenue (2022)
$63.8M
6.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
47.7%
(2022 vs 2021)
Market Cap*
$158.1M
Net Profit Margin (2022)
XYZ
38.9%
(2022 vs 2021)
* As of and is in US$
Everspin Technologies Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Toggle MRAM | Custom manufacturing | Everspin |
| Parallel Products | Assembly and Testing | |
| Serial Products | Wafer Manufacturing | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In October, the company expanded STT-MRAM product family, the EMxxLX. |
| 2022 | New Products/Services | In May, the company announced the sampling of its new product family, SPI/QSPI/xSPI interface MRAM products. |
| 2022 | Commercial Operation | In November, the company announced plan to expand domestic MRAM production to Indiana. |
Competitor Comparison
| Key Parameters | Everspin Technologies Inc | Samsung Electronics Co Ltd | Intel Corp | Fujitsu Ltd | Toshiba Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | South Korea | United States of America | Japan | Japan |
| City | Chandler | Suwon | Santa Clara | Minato-Ku | Minato-Ku |
| State/Province | Arizona | Seoul | California | Tokyo | Tokyo |
| No. of Employees | 74 | 98,557 | 124,800 | 124,055 | 106,648 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Darin Billerbeck | Chairman | Executive Board | 2021 | 64 |
| Sanjeev Aggarwal | Director; President; Chief Executive Officer | Executive Board | 2022 | 56 |
| Anuj Aggarwal | Chief Financial Officer | Senior Management | 2021 | 45 |
| Yong Kim | Vice President - Engineering | Senior Management | 2019 | - |
| David Schrenk | Vice President - Sales and Business Development | Senior Management | - | 46 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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