Memory technologies are a foundational component of the semiconductor ecosystem, enabling processors and systems to store and access data quickly and reliably. As devices become smarter and more connected, the demand is growing for high-performing memory that optimizes a system’s ability to perform efficiently, retain critical information and respond in real time. Headquartered in Chandler, Arizona, Everspin Technologies, Inc. is the world’s leading provider of Magnetoresistive Random-Access Memory (MRAM), the memory solution delivering an unmatched combination of speed, durability and energy efficiency.
MRAM is a compelling alternative to traditional memory technologies such as SRAM, DRAM and NOR flash. MRAM is non-volatile, meaning it retains data even when power is lost. While SRAM requires continuous power to retain data and is often backed by batteries that degrade over time, MRAM eliminates the need for backup components. Once data is written to MRAM, it remains securely stored without consuming additional power, reducing both system complexity and energy costs.
Everspin’s EMxxLX product family can deliver write speeds 500 times faster than NOR Flash, making it ideal for over-the-air (OTA) updates for edge computing and edge AI, where devices must process data from sensors in real time without sacrificing performance or reliability. This advantage is also ideal for aerospace and defense applications that need fast, reliable data transmissions.
Moreover, aerospace systems often operate in extreme environments with fluctuating conditions and radiation exposure. MRAM offers radiation tolerance, wide temperature range support and superior endurance. Unlike DRAM and flash, which store data as electrical charges and are susceptible to radiation-induced errors, MRAM stores data using magnetic states, ensuring higher reliability in space and aerospace systems.
Looking Forward
Everspin is the only U.S. domestic supplier of MRAM products, which have been widely used across industrial IoT, automotive, medical, aerospace, casino gaming and defense markets. By offering scalable and robust memory solutions that meet the demanding requirements of these industries, Everspin is addressing a growing need for persistent, fast and durable memory.
Everspin’s success is also a testament to Arizona’s thriving semiconductor industry. With its corporate office and core operations based in Chandler, Everspin is part of a dynamic tech corridor that includes aerospace manufacturers, defense contractors and next-generation semiconductor companies. Arizona’s aerospace and defense sector is a powerful engine for the state’s economy, supporting more than 66,000 jobs and contributing nearly $9 billion annually. The state ranks eighth in the nation in per-capita Department of Defense funding, and its aerospace sector is growing faster than the national average. As part of this ecosystem, Everspin not only brings high-value manufacturing and engineering jobs to Arizona but also strengthens the state’s reputation as a hub for advanced technology and innovation.
At a Glance
Company Name: Everspin Technologies
Headquarters: Chandler, Arizona
Number of employees: 100
Years in Arizona: Since 2008
Did you benefit from the CHIPS Act? No
What vertical(s) do you specialize in? Military/Aerospace, Medical, Casino Gaming Electronics, Industrial IoT, Automotive
How do you fit into the semiconductor ecosystem? Data storage (MRAM)
Photo courtesy of Everspin Technologies
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