Everspin Technologies (MRAM) Investor presentation summary

Company overview and market position

• Leading provider of MRAM technology for mission-critical applications in data center, industrial, automotive, IoT, and radiation-hardened sectors.

• Over 20 years in production with more than 200 million MRAM units shipped and 2,000+ customers globally.

• Holds 700+ patents and operates with global sales and manufacturing partnerships, including GlobalFoundries.

Investment highlights and financials

• Only domestic supplier of MRAM for mission-critical uses, serving a diversified blue-chip customer base.

• Market opportunity projected to exceed $4.3B by 2029, with a 31% CAGR.

• Strong financials: zero debt, expanding operating margins, and positive free cash flow.

• Revenue grew from $55.1M in FY21 to $63.8M in FY25E, with gross margin rising to 60%.

MRAM technology and product portfolio

• MRAM combines non-volatility, high endurance, low latency, and reliability, outperforming traditional memory types.

• Product families include PERSYST (persistent data memory), UNISYST (unified code/data memory), and Hi AgILYST (for FPGA/AI/edge markets).

• MRAM products serve applications in avionics, automotive, medical, gaming, aerospace, and industrial controls.