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 consists of 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
5670 W. Chandler Boulevard, Suite 130, Arizona, 85226
Website
www.everspin.com
Telephone
1 480 3471111
No of Employees
85
Industry
Technology and Communications
Ticker Symbol & Exchange
MRAM (NASD)
Revenue (2024)
$55.2M
9.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-175%
(2024 vs 2023)
Market Cap*
$448.8M
Net Profit Margin (2024)
XYZ
-168.4%
(2024 vs 2023)
* As of and is in US$
Everspin Technologies Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Products | Services |
| Toggle MRAM | Assembly and Testing |
| Toggle MRAM Technology | 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 |
|---|---|---|
| 2026 | Contracts/Agreements | In April, the company secured an US$40 million agreement with the US prime contractor to provide Toggle MRAM process technology capabilities and engineering services for United States Defense Industrial Base customers. |
| 2026 | Contracts/Agreements | In April, the company entered into an agreement with Microchip Technology to expand production capacity. |
| 2026 | New Products/Services | In March, the company launched new generation of unified memory UNISYST MRAM family. |
Competitor Comparison
| Key Parameters | Everspin Technologies Inc | Samsung Electronics Co Ltd | Intel Corp | Micron Technology Inc | Advanced Micro Devices Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | South Korea | United States of America | United States of America | United States of America |
| City | Chandler | Suwon | Santa Clara | Boise | Santa Clara |
| State/Province | Arizona | - | California | Idaho | California |
| No. of Employees | 85 | 129,480 | 85,100 | 53,000 | 31,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Sanjeev Aggarwal | Chief Executive Officer; Director; President | Executive Board | 2022 | 58 |
| Bill Cooper | Chief Financial Officer | Senior Management | 2025 | 60 |
| Sean Dougherty | Vice President - Sales | Senior Management | 2025 | - |
| Khaldoun Barakat | Vice President - Fab Operations and Quality | Senior Management | - | - |
| Kerry Nagel | Vice President - Technology | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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