Everspin Technologies, Inc. - Common Stock (MRAM)
Frequently Asked Questions About Everspin Technologies, Inc. - Common Stock (MRAM)
Can Everspin's products be used in automotive applications?
Yes, Everspin's MRAM products are highly suitable for automotive applications. Their non-volatile memory solutions can withstand harsh environmental conditions while providing reliable data retention, making them ideal for critical automotive systems and advanced driver-assistance systems (ADAS).
How can I invest in Everspin Technologies?
To invest in Everspin Technologies, you can purchase shares of MRAM on public stock exchanges like Nasdaq through a brokerage account. Be sure to conduct thorough research on the company and its market performance before investing.
How does Everspin ensure data security with its products?
Everspin ensures data security by utilizing the inherent characteristics of MRAM technology, which provides reliable data retention without the risk of data loss due to power failure. Their products are designed to meet stringent security requirements in various applications.
How does Everspin invest in research and development?
Everspin places a strong emphasis on research and development to drive innovation in their memory technologies. The company allocates significant resources to R&D, collaborating with academic institutions and industry partners to pioneer advancements in MRAM technology.
How does Everspin's MRAM differ from traditional memory technologies?
Everspin's MRAM technology offers benefits such as faster read/write speeds, lower power consumption, and non-volatility, which means data is preserved without power. This combination makes MRAM a compelling alternative to traditional memory solutions like SRAM, DRAM, and flash memory.
Is Everspin involved in any partnerships or collaborations?
Everspin actively seeks partnerships and collaborations with other technology companies, research institutions, and industry leaders to enhance their product offerings and expand market reach. These collaborations enable Everspin to leverage complementary technologies and expertise.
What are Everspin's flagship products?
Everspin's flagship products include a range of spin-torque MRAM solutions, such as standalone MRAM devices and embedded MRAM technology. These products are built for high performance and are applied in various sectors like automotive systems, industrial control, and smart IoT devices.
What are some recent developments at Everspin Technologies?
Everspin has been actively launching new MRAM products and improving existing technologies. Recent developments include advancements in embedded solutions which cater to emerging applications, enhancing their competitive positioning in the memory market.
What are the future growth prospects for Everspin Technologies?
Everspin Technologies has promising growth prospects due to the increasing demand for high-performance non-volatile memory solutions across various industries. Their focus on innovation, coupled with expanding applications of MRAM technology, positions them well for future growth.
What challenges does Everspin face in the market?
Everspin faces challenges such as fierce competition from established memory manufacturers, the rapid pace of technological advancements, and market demand fluctuations. Navigating these factors is essential for sustaining growth and expanding their market presence.
What does Everspin Technologies, Inc. do?
Everspin Technologies, Inc. specializes in the development and production of magnetoresistive random-access memory (MRAM) products. Their focus is on delivering non-volatile memory solutions that offer high performance, durability, and energy efficiency for various applications, including industrial, automotive, and consumer electronics.
What has been the market response to Everspin's products?
Everspin's products have received a positive market response for their innovative technology and benefits, leading to adoption in key sectors. The growing demand for non-volatile memory solutions that combine speed and reliability has contributed to Everspin's market growth.
What industries does Everspin serve?
Everspin serves a diverse range of industries including industrial automation, automotive, consumer electronics, telecommunications, and data centers. Their MRAM products are used in applications where high reliability and performance are critical.
What initiatives does Everspin undertake for sustainability?
Everspin is committed to sustainability by utilizing eco-friendly practices in their manufacturing processes and product development. They focus on creating energy-efficient memory solutions that contribute to reduced power consumption in electronic devices.
What is Everspin's approach to product quality?
Everspin prioritizes product quality through rigorous testing, quality assurance standards, and continuous improvement practices. This commitment ensures that their MRAM products meet or exceed customer expectations for performance and reliability.
What is MRAM?
Magnetoresistive random-access memory (MRAM) is a type of non-volatile memory that utilizes magnetic states to store data. Unlike traditional memory types, MRAM retains information even when power is lost, making it suitable for applications requiring high reliability and data integrity.
What is the significance of Everspin being publicly traded?
Everspin became a publicly traded company in 2016 under the ticker symbol MRAM on Nasdaq. Being publicly listed enables the company to access capital, enhance its visibility in the marketplace, and provide liquidity for its shareholders.
When was Everspin Technologies founded?
Everspin Technologies was founded in 2008. Since then, the company has been dedicated to pioneering advanced MRAM technology, becoming a leader in the non-volatile memory market and catering to a diverse range of industries.
Where is Everspin Technologies located?
Everspin Technologies is headquartered in Chandler, Arizona. This strategic location allows them to leverage a robust technology ecosystem and access a skilled workforce within the semiconductor industry.
What is the current price of Everspin Technologies, Inc. - Common Stock?
The current price of Everspin Technologies, Inc. - Common Stock is 4.560
When was Everspin Technologies, Inc. - Common Stock last traded?
The last trade of Everspin Technologies, Inc. - Common Stock was at 4:00 pm EDT on April 4th, 2025
What is the market capitalization of Everspin Technologies, Inc. - Common Stock?
The market capitalization of Everspin Technologies, Inc. - Common Stock is 100.19M
How many shares of Everspin Technologies, Inc. - Common Stock are outstanding?
Everspin Technologies, Inc. - Common Stock has 21.97M shares outstanding.