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, and aerospace sectors.

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

• Holds 700+ patents and operates globally with manufacturing and sales sites in the US, Europe, and Asia.

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

Technology and product highlights

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

• Product portfolio includes PERSYST (persistent data memory), UNISYST (unified code/data memory), and AgILYST (for FPGA/AI), with both Toggle and STT-MRAM technologies.

• MRAM endurance and performance are tunable for various workloads, offering decades of data retention and DRAM/SRAM-like speeds.

• Roadmap targets a market growing from $1.1B in 2024 to $4.3B by 2029, with new products addressing industrial, enterprise, and embedded compute markets.

Applications and customer base

• MRAM is used in avionics, automotive, medical devices, gaming, industrial controls, and aerospace, valued for low latency and reliability in extreme conditions.

• Deployed in automotive ECUs, satellites, defense systems, aviation, and rocket/missile systems for data logging and control.

• Proven in harsh environments, including NASA Mars and Jupiter missions, and high-performance automotive powertrains.

• Serves top-tier customers such as IBM, Siemens, NXP, Honeywell, Airbus, and Northrop Grumman across enterprise, industrial, medical, and military sectors.