Everspin Technologies Inc.
Overview
Everspin Technologies Inc is a provider of magnetoresistive random access memory (MRAM) products. The company’s magnetoresistive random access memory (MRAM) solutions offer the persistence of non-volatile memory with the speed and endurance of random access memory (RAM) and enable the protection of mission-critical data particularly in the event of power interruption or failure. The company derives revenue from the sale of MRAM-based products in discrete unit form, licenses of and royalties on MRAM and magnetic sensor technology, the sale of backend foundry services, and design services to third parties. The company recognizes revenue in three primary geographic regions; North America; Europe, Middle East and Africa (EMEA); and Asia-Pacific and Japan.