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Everspin Announces a $9.25M Contract to Provide MRAM Technology for Strategic Radiation Hardened eMRAM Macro
Everspin Technologies (NASDAQ: MRAM) has secured a strategic contract with Frontgrade Technologies to provide PERSYST MRAM technology for developing radiation-hardened eMRAM macros. The contract, potentially worth up to $9.25 million over multiple years, supports Department of Defense and commercial space system requirements. The initial phase is valued at $1.25 million.
The project will utilize Skywater RH90 CMOS in Bloomington, Minnesota, and Everspin's back-end-of-line MRAM process in Chandler, Arizona. This collaboration expands MRAM's applications in defense and aerospace radiation-hardened use cases, building on Everspin's decade-long relationship with Frontgrade Technologies.
The project will utilize Skywater RH90 CMOS in Bloomington, Minnesota, and Everspin's back-end-of-line MRAM process in Chandler, Arizona. This collaboration expands MRAM's applications in defense and aerospace radiation-hardened use cases, building on Everspin's decade-long relationship with Frontgrade Technologies.
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