Everspin Technologies
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Everspin Technologies (MRAM) investor relations material

Everspin Technologies 28th Annual Needham Growth Conference Virtual summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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28th Annual Needham Growth Conference Virtual summary13 Jan, 2026

Company history and technology milestones

  • Spun off from Freescale in 2008 and went public in 2016, focusing on specialty magnetic memory.

  • Commercialized both Toggle MRAM and STT-MRAM, with key partnerships like GlobalFoundries (2014) and TSMC.

  • Achieved significant density scaling, shipping one-gigabit STT-MRAM to IBM since 2018.

  • Developed xSPi parts (4–256 megabit) gaining traction in aerospace, defense, and FPGA markets.

  • All products are designed in-house, with U.S.-based manufacturing for Toggle MRAM.

Product portfolio and applications

  • Toggle MRAM uses magnetic fields for switching, limited to 32 megabit densities; STT-MRAM uses current, enabling higher densities up to 1 gigabit.

  • MRAM is favored for applications requiring fast data logging, instant-on/off, and high reliability, such as industrial automation and casino gaming.

  • MRAM's radiation immunity makes it ideal for aerospace, defense, and low Earth orbit satellites.

  • U.S. government and military contractors show strong interest due to domestic manufacturing and security needs.

  • Data center applications benefit from MRAM's speed and reliability, reducing the need for batteries in memory backup.

Manufacturing and partnerships

  • Maintains an eight-inch Chandler, Arizona fab for Toggle MRAM, the only U.S. MRAM supplier.

  • STT-MRAM production is outsourced to GlobalFoundries (12-inch), with technology licensing and royalty agreements.

  • TSMC partnership leverages their MRAM technology with Everspin's designs.

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Q4 202526 Feb, 2026
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Frequently asked questions

Everspin Technologies, Inc. is a semiconductor company that designs and manufactures Magnetoresistive Random Access Memory (MRAM) products. These include both Toggle MRAM and Spin-Transfer Torque MRAM (STT-MRAM), which are used in various applications requiring non-volatile memory, such as industrial automation, automotive, aerospace, medical devices, and data centers. Everspin serves customers globally through a direct sales network and distributors. The company offers its products to original equipment manufacturers (OEMs) and contract manufacturers. Everspin is headquartered in Chandler, Arizona, and its shares are listed on NASDAQ.

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