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MRAM241220P5000

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15min DelayTrading Sep 5 14:06 ET
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    $Everspin Technologies (MRAM.US)$
    Lucid Motors Selects Everspin’s PERSYST MRAM for Gravity Electric SUV
    Everspin Technologies, Inc. (NASDAQ: MRAM) announced that Lucid Motors will use its PERSYST MRAM in the recently released Gravity SUV. The MR25H256A, a 256Kb serial MRAM, was chosen for its compliance with the AEC Q100 Grade 1 specification, operating at temperatures from -40C to 125C. This MRAM will be used for data logging and parameter storage to enhance the efficient operation of the al...
    $Everspin Technologies (MRAM.US)$
    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 valu...
    $Everspin Technologies (MRAM.US)$
    NEWS
    Everspin Technologies, Inc. (MRAM) introduces PERSYST brand for its MRAM persistent memory products, offering RAM-like speed with non-volatility. The company aims to simplify product identification for clients in various industries like automation, robotics, AI, and healthcare.
    Recent insider selling at Everspin Technologies and lack of insider buying over the past year raises concerns. Despite profitability and growth, low insider ownership suggests a lack of alignment with long-term growth, warranting caution before investing.
    The recent above-market sale of Everspin Technologies stock by an insider, along with lack of insider purchases last year, might suggest caution about the company's stocks. The low level of insider ownership further adds to this cautious sentiment.
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